Home Values

Groveland Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$157,900

  • 17.9% 1-year change
  • 7.0% 1-year forecast

The median home value in Groveland is $157,900. Groveland home values have gone up 17.9% over the past year and Zillow predicts they will rise 7.0% within the next year. The median list price per square foot in Groveland is None. The median rent price in Groveland is $1,195, which is lower than the Orlando Metro median of $1,250.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Groveland is 10.4%, which is higher than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Groveland homeowners underwater on their mortgage is 21.2%, which is higher than Orlando Metro at 20.9%.

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Relative ZHVI
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Groveland Market Overview

Data through Mar 31, 2015
  • $157,900 ZHVI
  • 7.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Groveland Market Health

Data through Mar 31, 2015
  • 1.7/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 21.2% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 10.4% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Oakland $270,900
Montverde $252,000
Howey in the Hills $207,600
Name Median ZHVI
Clermont $184,200
Astatula $143,500
Yalaha $139,500
Name Median ZHVI
Tavares $129,200
Mascotte $83,200
Leesburg $80,500

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
38.6%
Sold below listing
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Groveland Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,210 Groveland
    $1,314 Orlando Metro
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,195 Rent list price
  • $0.66 Rent list price / sq ft
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