Grove, OK 74344 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Grove, OK—74344

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$288,000

1.4% YoY Growth

Household Income

$56,600

35.7% YoY Growth

Days on Market

100

21.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,400

6.3% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,400

21.8% YoY Growth

Home Price Trends — Grove, OK

Grove, OK lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$288,000	1.4%
Single Family	$289,000	1.4%
Condos	$278,000	3.0%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Grove, OK

As of July '25, Rentcast reports the average rent in Grove, OK is $1,520, with a year-over-year rent change of 6.3%. Per bedroom, the median rent as of July '25 in Grove, OK is studios: $700, 3-bedrooms: $1,620. The most common rental property sizes in Grove, OK are 2-bedroom and 3-bedroom, accounting for 46.5% and 30.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,400	$1,520
Studio Rent	$700	$700
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,400	$1,620
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

7.2%

1 Bedroom

12.4%

2 Bedrooms

46.5%

3 Bedrooms

30.0%

4 Bedrooms

2.2%

5+ Bedrooms

1.7%

Property Listings — Grove, OK

As of Dec '25, Realtor.com reports that the median days on market for a home in Grove, OK is 92. This is a increase of 13.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$375,000	7.0%
Listing Count	152	8.0%
Listings as % of Homes	0.6%	8.0%
Days on Market	100	21.0%

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Demographics — Grove, OK

As of the latest ACS Survey released in 2023, Grove, OK has a population of 14,400, which has decreased by -6.1% over the past 5 years. Grove, OK is a moderately popular place for families, as children make up 17.3% of the population. The area has a poorly educated workforce, with 24.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,400	-6.1%
% Under 18	17.3%	-3.9%
% Seniors	30.0%	-2.0%
% WFH	7.1%	57.8%
% w/ College Degree	24.9%	9.2%

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As of the latest ACS Survey released in 2023, Grove, OK is a predominantly white area, with 74.0% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Grove, OK is hispanic, making up 5.0% of the population. Foreign-born residents account for 1.5% of the population in Grove, OK, and this percentage has decreased by 34.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	74.0%	-5.1%
% Black	0.6%	200.0%
% Hispanic	5.0%	78.6%
% Asian	0.2%	-80.0%
% Foreign Born	1.5%	-34.8%

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Mortgage and Risk — Grove, OK

According to HUD data as of 2023, there were 251 mortgage originations in Grove, OK, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Grove, OK. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	251
% Conventional Loans	77.0%
% Government Loans	23.0%
% Investor Loans	4.0%
% Second Loans	11.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Grove, OK

Grove, OK lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	27
Total Units Section 8	27
% Rentals under Section 8	N/A
% Occupied Section 8	96.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$730
2 Bedroom	N/A	N/A	$960
3 Bedroom	-$220	$1,400	$1,180
4 Bedroom	N/A	N/A	$1,460

Grove, OK—74344

Key Metrics at a Glance

Home Price Trends — Grove, OK

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Grove, OK

% of Rental Stock

Property Listings — Grove, OK

Demographics — Grove, OK

Race and Ethnicity

Mortgage and Risk — Grove, OK

Mortgages

Rentals and Section 8 — Grove, OK

Section 8 Market Size

Section 8 Opportunity

Affordability — Grove, OK

Home Price to Income Ratio

Grove, OK — ZIP Code Boundary Map

Nearby ZIP Codes

South West City, MO

Fairland, OK

Wyandotte, OK

Cleora, OK

Sulphur Springs, AR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.8
Median Home Price	$288,000
Median Household Income	$56,600

Grove, OK—74344

Key Metrics at a Glance

Home Price Trends — Grove, OK

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Grove, OK

% of Rental Stock

Property Listings — Grove, OK

Demographics — Grove, OK

Race and Ethnicity

Mortgage and Risk — Grove, OK

Mortgages

Rentals and Section 8 — Grove, OK

Section 8 Market Size

Section 8 Opportunity

Affordability — Grove, OK

Home Price to Income Ratio

Grove, OK — ZIP Code Boundary Map

Nearby ZIP Codes

South West City, MO

Fairland, OK

Wyandotte, OK

Cleora, OK

Sulphur Springs, AR

Frequently Asked Questions

What is the average home price in Grove, OK 74344?

How have home prices in Grove, OK 74344 changed over the past year?

What is the home price projection for Grove, OK 74344?

What are the demographics of Grove, OK 74344?

How long does it take homes to sell in Grove, OK 74344?

What is the average rent price in Grove, OK 74344?