Groveland, MA—01834
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Groveland, MA
As of Oct '25, the median home price in Groveland, MA is $699,000, with a year-over-year change of 2.4%. This indicates that home prices in Groveland, MA are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $699,000 | 2.4% |
| Single Family | $716,000 | 2.3% |
| Condos | $496,000 | 0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $536,000 | 1.7% |
3 Bed | $678,000 | 2.4% |
4 Bed | $837,000 | 2.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Groveland, MA
Groveland, MA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,800 | $1,800 |
| 2 Bed Rent | $2,600 | $2,800 |
| 3 Bed Rent | $3,000 | $3,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Groveland, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Groveland, MA is 84. This is a increase of 189.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $730,000 | 7.0% |
Listing Count | 18 | 68.0% |
| Listings as % of Homes | 0.3% | 68.0% |
Days on Market | 84 | 189.0% |
Demographics — Groveland, MA
As of the latest ACS Survey released in 2023, Groveland, MA has a population of 6,750, which has remained stable by -0.0% over the past 5 years. Groveland, MA is a moderately popular place for families, as children make up 21.6% of the population. The area has a highly educated workforce, with 45.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,750 | 0.0% |
% Under 18 | 21.6% | 5.4% |
% Seniors | 20.6% | 20.5% |
% WFH | 16.7% | 116.9% |
% w/ College Degree | 45.5% | 2.0% |
As of the latest ACS Survey released in 2023, Groveland, MA is a predominantly white area, with 95.5% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in Groveland, MA is hispanic, making up 1.8% of the population. Foreign-born residents account for 2.3% of the population in Groveland, MA, and this percentage has increased by 21.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.5% | 1.9% |
% Black | 0.2% | -77.8% |
% Hispanic | 1.8% | -63.3% |
% Asian | 0.3% | 50.0% |
% Foreign Born | 2.3% | 21.1% |
Mortgage and Risk — Groveland, MA
According to HUD data as of 2023, there were 116 mortgage originations in Groveland, MA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Groveland, MA. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 116 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Groveland, MA
Groveland, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 67 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$310 | $1,800 | $1,490 |
| 2 Bedroom | -$650 | $2,600 | $1,950 |
| 3 Bedroom | -$650 | $3,000 | $2,350 |
| 4 Bedroom | N/A | N/A | $2,590 |
Affordability — Groveland, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $699,000 |
| Median Household Income | $136,000 |