Groveton's January First-Time Homebuyer Report

The population of Groveton is affluent compared to others in Virginia with a median income of $74,310 per household. It's also considered a very expensive city in terms of affordability with a cost of living adjustment score of 145.3. Homes in Groveton are older than most with a median age of 40 years. Heading the list of top schools in the city is Mount Eagle Elementary School.

Culture

If you are interested in the good places to eat in Groveton, Foursquare says that Krispy Kreme Doughnuts, Panera Bread, and Five Guys are the most popular restaurants. One of the most popular places to get a drink is TGI Fridays. And finally, Grounded Coffee is a frequently visited spot to get some coffee

Price Range

Homes in Groveton are generally more expensive than others in the state with a median home value of $367,200 and an average list price of $434,676.

Curious as to which homes have been getting the most attention in Groveton? These listings have stirred up interest and produced the most views:

$445K   $387K   $415K  

Typical Dwelling

The typical dwelling in Groveton is a four-bedroom detached home worth about $544,531. To purchase a similar home, a buyer with good credit and a $108,906 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,058 monthly payment. The property tax rate is $10.67 per $1,000 of taxable assessed value.

Get started right now by checking out Groveton homes for sale or reviewing Groveton real estate trends.


Data reported through 1/12/2017

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