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Groveton, VirginiaPhoto: The original uploader was Ser Amantio di Nicolao at English Wikipedia. · CC BY-SA 3.0
Housing in Groveton

137 homes sold in Groveton in the last year, at a typical $676K

Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Groveton homes are listed.

Homes sold
137
June 2025 to May 2026
Typical sale price
$676K
median, weighted by sales
Price per square foot
$385
Virginia $237
Paid vs. asking
100.1%
39% sold over asking
For sale now
24
May 2026 · 14 sold that month
What sold · last 12 months

Houses are 59% of Groveton’s sales, at a typical $763K

137 homes sold in the year to May 2026.

Houses$763K

typical sale · 81 sold in 12 months

Per square foot
$380VA $222
Days to sell
43
Sold over asking
40%
Listings with a price cut
29%
Fewer sales

Townhouses: 55 sold, typical $537K
Condos: 1 sold, typical $510K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.7 times the 2016 price

137 sales in the last year, against 258 in 2021 and a low of 125 in 2025. The typical sale went from $408K in 2016 to $676K.

Homes soldTypical sale price
075150225300$425K$550K$675K$800K2012: 172 sold, typical $365K’122013: 188 sold, typical $373K2014: 172 sold, typical $390K’142015: 183 sold, typical $409K2016: 194 sold, typical $408K’162017: 190 sold, typical $420K2018: 191 sold, typical $413K’182019: 192 sold, typical $476K2020: 196 sold, typical $507K’202021: 258 sold, typical $532K2022: 200 sold, typical $584K’222023: 132 sold, typical $580K2024: 128 sold, typical $634K’242025: 125 sold, typical $663KLast 12 months: 137 sold, typical $676KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $700K buys in Groveton

Houseat $380 a sq ft
The same money in Virginiaat $222 a sq ft

Is this asking price fair?

Check a listing against what Groveton homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Groveton are back to pre-pandemic levels, with about as many homes for sale

We read every month of Groveton’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 137 sales.

If you’re buying in Groveton

  • Shop in September. It brings about 19 new listings a month, close to the busiest month, with fewer bidding wars (31% over asking).
  • Less room to haggle. Only 25% of listings cut their price, against 31% before the pandemic.
  • Bid near asking. Buyers paid 100.1% of the list price on average; 39% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

April has the most new listings (about 23 a month), but June is the most competitive: 55% of June sales close over asking. September offers nearly as much choice with fewer homes bid up (31%). September has the least competition (31%).

New listings a monthShare sold over asking
06.312.518.82520%40%60%Sweet spotJan: 13 new listings a month, 34% sold over asking, 51 days to sellJFeb: 15 new listings a month, 37% sold over asking, 28 days to sellFMar: 22 new listings a month, 45% sold over asking, 22 days to sellMApr: 23 new listings a month, 51% sold over asking, 11 days to sellAMay: 23 new listings a month, 53% sold over asking, 13 days to sellMJun: 19 new listings a month, 55% sold over asking, 18 days to sellJJul: 18 new listings a month, 43% sold over asking, 22 days to sellJAug: 14 new listings a month, 36% sold over asking, 26 days to sellASep: 19 new listings a month, 31% sold over asking, 23 days to sellSOct: 15 new listings a month, 36% sold over asking, 27 days to sellONov: 11 new listings a month, 32% sold over asking, 32 days to sellNDec: 7 new listings a month, 34% sold over asking, 34 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Virginia

Groveton now2017–192021 peakVA now
Sold over askingShare of sales that closed above the list price39%36%60%31%
Gone within two weeksShare of homes under contract within 14 days54%47%70%43%
Listings with a price cutShare of homes for sale that cut their price25%31%23%25%
Price paid vs. askingAverage sale price ÷ list price100.1%99.6%101.9%99.3%
Days to sellMedian days from listing to contract39202238
Supply

23 homes for sale on a typical day

That’s 1.8 times the 2023 low (13), about the 2017–19 level and well under 2012’s 35.

2012: 35 for sale’122013: 29 for sale2014: 33 for sale2015: 33 for sale’152016: 33 for sale2017: 28 for sale2018: 25 for sale’182019: 18 for sale2020: 20 for sale2021: 19 for sale’212022: 19 for sale2023: 13 for sale2024: 13 for sale’242025: 20 for saleLast 12 months: 23 for saleNow
Room to negotiate

1 in 4 listings has cut its price

25% in the last year, against 31% in 2017–19 and 25% across Virginia.

2015: 32%’152016: 24%2017: 29%2018: 36%’182019: 25%2020: 17%2021: 23%’212022: 30%2023: 25%2024: 27%’242025: 30%Last 12 months: 25%Now
Across Virginia

Groveton ranks 48th of 179 busy Virginia markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Groveton is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Groveton home costs about $4,120 a month

Mortgage
Property tax
Insurance
Rent

Price: Groveton’s typical sale, last 12 months. Property tax at Groveton’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Groveton is affordable on local pay is on Cost of living.

Before you buy in Groveton

Six things worth knowing

23

New listings in April

The month with the most choice. December has the fewest, about 7.

Best time to buy
1.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $676K home, about $7,110 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Groveton, from test results, graduation and how much students grow.

Schools in Groveton
33 min

Typical commute

The average one-way trip to work for people who live in Groveton.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Woodlawn, Hayfield, Hybla Valley, Kingstowne, Mount Vernon and Rose Hill sell for less a square foot

The busier markets within 25 miles of Groveton, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Rose Hill253$711K$34644%36
Kingstowne199$726K$34634%33
Woodlawn191$429K$31729%48
Mount Vernon168$868K$33036%41
Groveton137$676K$38539%39
Hybla Valley106$614K$32827%62
Hayfield51$786K$36043%35

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Groveton, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Groveton. People who follow the town see it, and so do people comparing Groveton with their own town. No commission, no listing fee.

Questions about buying a home in Groveton

What do homes sell for in Groveton, VA?

137 homes sold in the year to May 2026 at a typical $676K, $385 a square foot.

Is Groveton a buyer’s or seller’s market?

A seller’s market: 24 homes were for sale in May 2026 and 14 sold, about 1.7 months of supply. Buyers paid 100.1% of asking on average, and 25% of listings cut their price.

When is the best time to buy in Groveton?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Groveton?

About 1.1% of a home’s value a year. On a $676K home that’s near $7,110.

Where can I see homes for sale in Groveton?

Zillow, Redfin, Realtor.com and Homes.com all carry Groveton’s MLS listings; the search links above open each one filtered to Groveton.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).