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Single-family Foreclosures in Groves, TX

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Groves, TX Foreclosures

How much do homes sell for in Groves, TX?
The average home price is currently $185,705.
In Groves, TX, how many homes are available?
There are currently 18 active home listings available in Groves.
What’s the average rental cost in Groves, TX?
The average rental price in Groves is $1,058.
What is the most expensive home in Groves?
The most expensive home sold in Groves had a price of $10,364,747.
What is currently the cheapest priced home in Groves, TX?
The cheapest home for sale in Groves is priced at $12,254.

Living in Groves, TX

Groves, TX, is a charming small town that offers a tight-knit community and a variety of local amenities. With its proximity to Port Arthur, residents enjoy easy access to bigger city conveniences while reveling in the peaceful atmosphere that Groves provides. The area is family-friendly and features several parks, schools, and recreational activities.

Current Market Conditions in Groves, TX

The real estate market in Groves, TX, is currently experiencing a steady growth trend, driven by the attraction of affordable housing and a friendly community atmosphere. Home prices have shown a slow but positive increase, appealing to both first-time homebuyers and investors looking for rental opportunities.

New construction and renovations in the area indicate an optimistic future for the housing market, with many local families investing in properties as the community continues to grow. Overall, the demand for homes is on the rise, as more people are discovering the charm of Groves.

Home Value Estimator For Groves, TX

There are currently 6,618 real estate properties in Groves, TX, with a median automated valuation model (AVM) price of $168,410.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Groves, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Groves, TX, is $185,705.00, with the most expensive house in Groves, TX, topping out at $10,364,747.00 and the cheapest home in Groves, TX, clocking in at $12,254.00. In other words, there’s something for every potential homebuyer or savvy investor in Groves, TX!

Rent Prices In Groves, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Groves, TX, is on a rollercoaster ride. The average rent price in Groves, TX, is $1,058.00. Indeed, when looking to rent in Groves, TX, you can expect to pay as little as $600.00 or as much as $2,210.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Groves, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Groves, TX Single-family Homes


Market Trend for Groves, TX

Total Listings Available: 18

Market Values:

Home Prices from $12,254 to $10,364,747

Average Sales Price: $185,705

Rental Values:

Rental from $600 to $2,210

Average Rent Value: $1,058 / month

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