Groveland, MA 01834 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Groveland, MA—01834

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$724,000

2.2% YoY Growth

Household Income

$136,000

39.6% YoY Growth

Days on Market

23.0% Shorter YoY

Home Price Forecast

0.1%

Median Rent

$2,600

N/A

1-Bed Rent

$1,800

N/A

2-Bed Rent

$2,600

N/A

3-Bed Rent

$3,000

N/A

Home Price Trends — Groveland, MA

As of May '26, the median home price in Groveland, MA is $724,000, with a year-over-year change of 2.2%. This indicates that home prices in Groveland, MA are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$724,000	2.2%
Single Family	$743,000	2.1%
Condos	$498,000	0.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

14.4%

2 Bedrooms

81.1%

4 Bedrooms

4.5%

Property Listings — Groveland, MA

As of May '26, Realtor.com reports that the median days on market for a home in Groveland, MA is 10. This is a decrease of -23.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$695,000	-3.0%
Listing Count	20	76.0%
Listings as % of Homes	0.3%	76.0%
Days on Market	10	-23.0%

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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%

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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%

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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%

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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

Groveland, MA—01834

Key Metrics at a Glance

Home Price Trends — Groveland, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Groveland, MA

% of Rental Stock

Property Listings — Groveland, MA

Demographics — Groveland, MA

Race and Ethnicity

Mortgage and Risk — Groveland, MA

Mortgages

Rentals and Section 8 — Groveland, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Groveland, MA

Home Price to Income Ratio

Groveland, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Georgetown, MA

Haverhill, MA

West Newbury, MA

Boxford, MA

Haverhill, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.5
Median Home Price	$724,000
Median Household Income	$136,000

Groveland, MA—01834

Key Metrics at a Glance

Home Price Trends — Groveland, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Groveland, MA

% of Rental Stock

Property Listings — Groveland, MA

Demographics — Groveland, MA

Race and Ethnicity

Mortgage and Risk — Groveland, MA

Mortgages

Rentals and Section 8 — Groveland, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Groveland, MA

Home Price to Income Ratio

Groveland, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Georgetown, MA

Haverhill, MA

West Newbury, MA

Boxford, MA

Haverhill, MA

Frequently Asked Questions

What is the average home price in Groveland, MA 01834?

How have home prices in Groveland, MA 01834 changed over the past year?

What is the home price projection for Groveland, MA 01834?

What are the demographics of Groveland, MA 01834?

How long does it take homes to sell in Groveland, MA 01834?

What is the average rent price in Groveland, MA 01834?