Grove Housing Market Report February 2025•Delaware County, Oklahoma

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Housing Prices in Grove, OK

How much do homes in Grove, OK cost?

Housing Market Conditions

Is Grove, OK a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Grove is a Buyer's Market

Difference Since February 2024

Since last year, Grove has remained a Buyer's Market.

Insight

Grove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$315,000$175/SqFt
-$2,000
-0.6%

Based on all homes sold in the last 12 months

Insight

Homes in Grove have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in Grove was $315,000 in February 2025, down 0.6% from last year, and the median price per square foot was $175.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$275K$57K
-79.3%
2$239.5K$218K
-9.0%
3$315K$277.5K
-11.9%
4$347.5K$675K
+94.2%
5$995K$507.7K
-49.0%

Summary: Grove housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -79.3%. The home price for 2 bedroom homes decreased by -9.0%. The home price for 3 bedroom homes decreased by -11.9%. The home price for 4 bedroom homes increased by +94.2%. The home price for 5 bedroom homes decreased by -49.0%.

How does Grove, OK compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Grove, OK

Housing supply in Grove, OK

How many homes are available in Grove, OK?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
56Last MonthFeb 2025
512 months agoJan 2025
+9.8 %
Change MoMJan – Feb

Summary: The Grove real estate market had 56 homes for sale in Feb 2025, a 9.8 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
6Last MonthFeb 2025
52 months agoJan 2025
+20.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
123
+50.0%
265
-16.7%
33231
-3.1%
41013
+30.0%
514
+300.0%

Summary: Grove housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes decreased by -16.7%. The inventory for 3 bedroom homes decreased by -3.1%. The inventory for 4 bedroom homes increased by +30.0%. The inventory for 5 bedroom homes increased by +300.0%.

Asking Price vs. Sold Price

How much do homes in Grove, OK cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price6 Homes

Insight

If you're buying a home in Grove, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Grove in February 2025, up by 20.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Grove, OK

How long does it take to sell a home in Grove, OK?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days4 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Grove has remained consistent over time.

Summary: During February 2025, 6 homes were sold in Grove; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
68 DaysThis YearFeb 2025
48 Days1 year agoFeb 2024
+42.7 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Grove had an average listing age of 68 days in Feb 2025, up by 42.7% compared to the previous year.

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Newest Listings in Grove, OK

What homes are available in Grove, OK?

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Nearby markets

Nearby markets aren't available for Grove, OK

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MLS Disclaimers and Copyright

Based on information from MLS Technology Inc., Ozark Gateway MLS, Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC, and Heartland Multiple Listing Service Inc. for the period 03/01/2023 - 03/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater Tulsa Association of Realtors. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Greater Tulsa Association of REALTORS® MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is deemed to be reliable, but is not guaranteed. © 2025 MLS. Prepared by Ozark Gateway Association of REALTORS®. The information on this sheet has been made available by the MLS and may not be the listing of the provider. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor OZARK GATEWAY ASSOCIATION OF REALTORS shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Copyright 2025, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Properties displayed may be listed or sold by various participants in the MLS. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:24:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.