Property prices for sale in Groves (Texas)

The prices in real estate in Groves, in the Texas region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$181,608.5
Average price last 6 months
$121.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Groves has fallen in the last 6 months. In September, the average price per sq.feet was $127. In the following month the price per sq.feet decreased to $119. In the following two months the price per sq.feet has barely changed, going from $123 to $121.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $122.25 to $120.5 during January y February

Average price

Based upon to the price in Groves (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $182,580. In October This price remains at $183,094. In the following two months the average price has remained the same with regard to the previous two months from $182,837 to $187,476.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $185,156.75 to $174,512 in January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $167,224 they are 5 % more affordable than the average price for Groves. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 1 bedroom priced at $159,065.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $72 / sq.feet, with an average $125 / sq.feet price in Groves. The properties with the lowest average prices have 4 bedrooms. They are 5 % cheaper than the average followed by properties with 1 bedroom with a price at $77 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $167,224 it is 49 % cheaper than the average price in Groves. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $84,718 it is 29 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $46 / sq.feet followed by "House" priced at $129 / sq.feet. "House" is the most costly type of property with a $129 / sq.feet cost followed by "Apartment" with an average price of $46 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Groves
Number of properties used in region Texas
$167,224
$125
576
2,197,084
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value