Groveton Real Estate Market Sees Sales Decline

The Groveton market slowed with an 8.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 23.5 monthly average with 23 homes sold. Meanwhile, close-by Washington reported 540 homes sales, the highest number from all the surrounding cities. Prices are falling in Groveton, and this period the median price of all sales fell from $429,900 to $429,000. Despite the slip in sales, a relatively low one month of inventory indicates that Groveton is a solid seller's market.

Great homes don't last long in the market, so make sure you take a look at the newest listings in Groveton:

$699K   $545K   $479K  

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

Demographic facts about Groveton:

  • 43.9% of the people in this area are renters.
  • The job growth projection is 40.2% for the next 10 years.
  • For every librarian there are 494 students in this area. (803 = national average)

Data reported through 1/11/2017

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