Groveland, FL—34736
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Groveland, FL
As of Oct '25, the median home price in Groveland, FL is $374,000, with a year-over-year change of -3.7%. This indicates that home prices in Groveland, FL are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $374,000 | -3.7% |
| Single Family | $374,000 | -4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $360,000 | -6.5% |
3 Bed | $346,000 | -4.2% |
4 Bed | $393,000 | -3.4% |
| 5 Bed | $488,000 | -2.6% |
% of Housing Stock
Rental Trends — Groveland, FL
As of July '25, Rentcast reports the average rent in Groveland, FL is $2,410, with a year-over-year rent change of 3.9%. Per bedroom, the median rent as of July '25 in Groveland, FL is 1-bedrooms: $1,350, 2-bedrooms: $2,360, 3-bedrooms: $2,170, 4-bedrooms: $2,400. The most common rental property sizes in Groveland, FL are 3-bedroom and 1-bedroom, accounting for 63.4% and 12.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,410 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,350 | $1,350 |
| 2 Bed Rent | $2,100 | $2,360 |
| 3 Bed Rent | $2,200 | $2,170 |
| 4 Bed Rent | $2,400 | $2,400 |
% of Rental Stock
Property Listings — Groveland, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Groveland, FL is 73. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | -3.0% |
Listing Count | 270 | 37.0% |
| Listings as % of Homes | 1.8% | 37.0% |
Days on Market | 73 | -1.0% |
Demographics — Groveland, FL
As of the latest ACS Survey released in 2023, Groveland, FL has a population of 26,100, which has increased by 43.2% over the past 5 years. Groveland, FL is a moderately popular place for families, as children make up 24.1% of the population. The area has a moderately educated workforce, with 31.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,100 | 43.2% |
% Under 18 | 24.1% | 7.1% |
% Seniors | 19.5% | 16.1% |
% WFH | 12.1% | 86.2% |
% w/ College Degree | 31.6% | 33.9% |
As of the latest ACS Survey released in 2023, Groveland, FL is a predominantly white area, with 51.6% of the population identifying as white. The white population has shrunk by 18.7% in the last 5 years. The second most common race or ethnicity in Groveland, FL is hispanic, making up 25.2% of the population. Foreign-born residents account for 12.9% of the population in Groveland, FL, and this percentage has increased by 0.8% 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 | 51.6% | -18.7% |
% Black | 14.7% | 0.7% |
% Hispanic | 25.2% | 44.0% |
% Asian | 4.3% | 53.6% |
% Foreign Born | 12.9% | 0.8% |
Mortgage and Risk — Groveland, FL
According to HUD data as of 2023, there were 1031 mortgage originations in Groveland, FL, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Groveland, FL. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,031 |
% Conventional Loans | 57.0% |
% Government Loans | 43.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Groveland, FL
As of 2024, the percent of homes in Groveland, FL under the Section 8 program is 0.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Groveland, FL, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $450 | $1,350 | $1,800 |
| 2 Bedroom | -$60 | $2,100 | $2,040 |
| 3 Bedroom | $390 | $2,200 | $2,590 |
| 4 Bedroom | $680 | $2,400 | $3,080 |
Affordability — Groveland, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $374,000 |
| Median Household Income | $82,500 |