Groves Housing Market Report January 2025•Jefferson County, Texas

hero building illustration for mobile

Housing Prices in Groves, TX

How much do homes in Groves, TX cost?

Housing Market Conditions

Is Groves, TX 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

Groves is a Seller's Market

Difference Since December 2024

Last month, Groves was a Buyer's Market.

Insight

Groves 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.
$218,500$116/SqFt
+$93,500
+74.8%

Based on all homes sold in January 2025

Insight

Homes in Groves have sold for 74.8% more than they did a month ago.

Summary: The median home sold price in Groves was $218,500 in January 2025, up 74.8% from last month, and the median price per square foot was $116.

Median Sold Price By City

Median Sold Price By City
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
Groves
+74.8%
Port Arthur
-4.0%
Port Neches
-28.6%

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.
BedsDec 2024Jan 2025Change YoY
1$110K-
N/A
2--
N/A
3$225K$211K
-6.2%
4$125K$265K
+112.0%
5--
N/A

Summary: Groves housing price by bedroom type for January 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 -6.2%. The home price for 4 bedroom homes increased by +112.0%. The home price for 5 bedroom homes did not change.

Housing supply in Groves, TX

How many homes are available in Groves, TX?

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
91Last MonthJan 2025
712 months agoDec 2024
+28.2 %
Change MoMDec – Jan

Summary: The Groves real estate market had 91 homes for sale in Jan 2025, a 28.2 % increase compared to Dec 2024.

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
17Last MonthJan 2025
42 months agoDec 2024
+325.0 %
Change MoMDec – Jan

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.
BedsDec 2024Jan 2025Change MoM
132
-33.3%
2810
+25.0%
33952
+33.3%
41824
+33.3%
533
0.0%

Summary: Groves housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -33.3%. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Groves, TX 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 Price2 Homes

At Asking Price5 Homes

Under Asking Price7 Homes

Insight

If you're buying a home in Groves, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Groves in January 2025, up by 325.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 36% were sold at asking, and and 14% were sold over asking.

Days on Market for Groves, TX

How long does it take to sell a home in Groves, TX?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Groves are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During January 2025, 17 homes were sold in Groves; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% 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.
Last Month1 month agoChange MoM
144 DaysLast MonthJan 2025
191 Days1 month agoDec 2024
-24.6 %
Change MoMDec – Jan

Summary: Homes in Groves had an average listing age of 144 days in Jan 2025, down by 24.6% compared to the previous month.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Groves, TX

What homes are available in Groves, TX?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Texas

MLS Disclaimers and Copyright

Based on information from Southeast Texas MLS/Beaumont MLS, and Houston REALTORS® Information Service for the period 12/01/2024 - 02/01/2025

Information is provided by Beaumont Board of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information 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. Copyright © 2025 Beaumont 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.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 2/2/2025, 3:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 2/2/2025, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.