The Grove Housing Market Report May 2025•Oklahoma County, Oklahoma

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Housing Prices in The Grove, OK

How much do homes in The Grove, OK cost?

Housing Market Conditions

Is The 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

The Grove is a Seller's Market

Difference Since May 2024

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

Insight

The Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$328,000$181/SqFt
-$32,000
-8.9%

Based on all homes sold in the last 12 months

Insight

Homes in The Grove have sold for 8.9% less than they did a year ago.

Summary: The median home sold price in The Grove was $328,000 in May 2025, down 8.9% from last year, and the median price per square foot was $181.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
NW OK County
+1.2%
Northwest Oklahoma City
-1.9%
Valencia
-7.5%
The Grove
-8.9%

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.
BedsMay 2024May 2025Change YoY
1--
N/A
2-$285K
N/A
3$322.1K$304.6K
-5.4%
4$383.7K$364.9K
-4.9%
5$417.4K$430K
+3.0%

Summary: The Grove housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -5.4%. The home price for 4 bedroom homes decreased by -4.9%. The home price for 5 bedroom homes increased by +3.0%.

How does The Grove, OK compare with other places?

Market comparison tool

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

The Grove, OK

Housing supply in The Grove, OK

How many homes are available in The 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
60Last MonthMay 2025
542 months agoApr 2025
+11.1 %
Change MoMApr – May

Summary: The The Grove real estate market had 60 homes for sale in May 2025, a 11.1 % increase compared to Apr 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
19Last MonthMay 2025
132 months agoApr 2025
+46.2 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
100
0.0%
200
0.0%
33435
+2.9%
42025
+25.0%
500
0.0%

Summary: The Grove housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +2.9%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in The 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 Price5 Homes

At Asking Price7 Homes

Under Asking Price7 Homes

Insight

If you're buying a home in The Grove, you may be able to get a good deal. 36.8% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in The Grove in May 2025, up by 46.2% month-over-month. Of the 19 sold homes, 37% were sold under asking, 37% were sold at asking, and and 26% were sold over asking.

Days on Market for The Grove, OK

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

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days9 Homes

Over 90 Days1 Home

Insight

Many homes in The Grove are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 19 homes were sold in The Grove; 47% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 5% 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
31 DaysThis YearMay 2025
7 Days1 year agoMay 2024
+325.8 %
Change YoYMay 2024 – May 2025

Summary: Homes in The Grove had an average listing age of 31 days in May 2025, up by 325.8% compared to the previous year.

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Newest Listings in The Grove, OK

What homes are available in The Grove, OK?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from MLS of Oklahoma, for the period 06/01/2023 - 06/01/2025

IDX Copyright© 2025 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 10:44:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.