Home Values

The Groves 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

$238,600

  • 1.6% 1-year change
  • 3.7% 1-year forecast

The median home value in The Groves is $238,600. The Groves home values have gone up 1.6% over the past year and Zillow predicts they will rise 3.7% within the next year. The median list price per square foot in The Groves is $125, which is higher than the Mesa average of $120. The median price of homes currently listed in The Groves is $399,500 while the median price of homes that sold is $195,500. The median rent price in The Groves is $699, which is lower than the Mesa median of $1,095.

Foreclosures will be a factor impacting home values in the next several years. In The Groves 3.6 homes are foreclosed (per 10,000). This is lower than the Mesa value of 3.8 and also lower than the national value of 4.0

Read more
Relative ZHVI
- +

The Groves Market Overview

Data through Jan 31, 2015
  • $238,600 ZHVI
  • 3.7% 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
    (Jan 31, 2016)
  • $399,500 Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

The Groves Market Health

Data through Jan 31, 2015
  • 6.4/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

3.6 homes The Groves
3.8 homes Mesa
4 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Neighborhoods

Name Median ZHVI
Estate Groves and Valencia Estates $667,200
Northgrove $463,800
 

Listings & Sales

Data through Jan 31, 2015
  • $125 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
9.6%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

The Groves Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,374 The Groves
    $1,199 Mesa
    $1,350 United States

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

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $699 Rent list price
  • $0.71 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading