The median asking price for an active Groveland single-family listing is $416,499 in the Altos Research report dated November 8, 2026. That is $6,599 above the $409,900 we recorded in our October 29 Groveland report, a rise of 1.61 percent in ten days. The asking price per square foot did not move at all, holding at $202, and the share of listings that have already cut their price went up rather than down.
Two datasets, kept apart
Altos Research measures homes that are currently listed, so every Altos figure below is an asking price, a count of active listings, or a share of that active file. Stellar MLS supplies the closed-sale figures, which are what buyers actually paid. Listing data is never sold data.
Groveland active listings in the week of November 8, 2026
Altos publishes Groveland at the city level and for ZIP code 34736. Both reports were opened this week and returned identical values on every profile line and every market segment row, so the two describe the same set of active single-family listings. Property type is houses.
| Altos metric (active single-family listings) | November 8, 2026 | Our October 29 report | Change |
|---|---|---|---|
| Median list price | $416,499 | $409,900 | Up $6,599 |
| Median price of new listings | $416,167 | $330,000 | Up $86,167 |
| Listing price per square foot | $202 | $202 | No change |
| Inventory (active listings) | 178 | 181 | Down 3 |
| Median days on market | 77 | 84 | Down 7 |
| Average days on market | 120 | 120 | No change |
| Share with a price decrease | 47% | 44% | Up 3 points |
| Share with a price increase | 1% | 3% | Down 2 points |
| Relisted share | 6% | 2% | Up 4 points |
| Market Action Index | 30 | 31 | Down 1 |
Source: Altos Research, week of November 8, 2026, Groveland, FL, houses. The October 29 column is the figure published in our own October report from the same Altos city report; that weekly snapshot cannot be re-read at its source once the week closes.
Altos labels a Market Action Index of 30 a “Slight Seller’s Advantage” on the report itself. Altos also publishes the scale behind that gauge, describing an index of around 30 as a balanced market with just enough supply to meet demand, the low 20s or below as a buyer’s market, and 35 or more as a seller’s market. Groveland is sitting on the balance point.
The asking median rose because the new arrivals are different
A median that moves up by 1.61 percent while the per-square-foot figure holds at $202 is describing a change in what is being offered. The clearest evidence is the median price of new listings, which went from $330,000 to $416,167. Homes coming onto the market in early November are asking roughly 26 percent more than the ones that arrived in late October, which pulls the whole file’s median up without any standing seller raising a price.
Two other lines point the same way. The share of active listings carrying a price increase fell from 3 percent to 1 percent, while the share carrying a price decrease rose from 44 percent to 47 percent, so nearly half the file has already come down at least once. The relisted share went from 2 percent to 6 percent, and a relisted home is one that came off the market and went back on.
Over a longer window the picture is split. The Altos seven-day median list price for the week ending Friday, November 6, 2026 was $416,499.50, which is 4.13 percent above the $399,990 posted in the comparable week of November 7, 2025. The ninety-day median tells the opposite story at $400,000 against $408,489 a year earlier, down 2.08 percent. Recent weeks are running above where the quarter as a whole has been.
What Groveland homes actually sold for
September 2026 remains the newest closed month in our Stellar MLS data, so these figures have not changed since our October report. They anchor any pricing conversation, because they are the only numbers here that represent money that changed hands.
Groveland recorded 47 single-family closings in September 2026 against 53 in September 2025, a fall of 11.32 percent. The median sold price was $400,000 against $397,990, up 0.51 percent. The median sold price per heated square foot was $195.64 against $209.40, down 6.57 percent. Median cumulative days on market was 49 against 42. The median sold-to-list ratio was 1.00 in both years.
Those last two lines carry the most weight for a seller. A median sold-to-list ratio of 1.00 says the typical Groveland home that closed got its asking price, so the negotiation was settled by where the home was listed rather than by what came off at the table. A per-square-foot decline alongside a flat median price points to a change in the mix of homes that closed rather than evidence that a given house gained value.
Based on information from Stellar MLS and sourced by MVP Home Group, Real Broker LLC for the period September 1, 2026 through September 30, 2026 (and September 1, 2025 through September 30, 2025), for Single Family Residence in Groveland, Lake County. This information may or may not include all listed expired, withdrawn, pending or sold properties of one or more members of Stellar MLS.
For statewide context, Florida Realtors reported 20,537 closed sales of existing single-family homes across Florida in September 2026, down 3.5 percent year over year, at a median sale price of $415,000, up 1.2 percent, in its release published October 16, 2026. Groveland’s sale count fell further than the state’s and its median price rose by less.
Where the activity sits by price segment
Altos splits the active file into four segments of roughly 25 percent each, ordered by price. Dividing a segment’s median price by its median size gives an approximate asking rate per square foot. Those two medians are calculated separately, so the result is indicative rather than the median of individual listings.
| Segment median price | Median sq ft | Implied $/sq ft | Beds / baths | Median age | New this week | Absorbed this week | Segment DOM |
|---|---|---|---|---|---|---|---|
| $765,000 | 2,946 | $259.67 | 4 / 3 | 10 yrs | 3 | 0 | 70 |
| $460,750 | 2,473 | $186.31 | 4 / 2.5 | 5 yrs | 1 | 2 | 77 |
| $385,000 | 1,928 | $199.69 | 4 / 2 | 7 yrs | 3 | 1 | 77 |
| $319,900 | 1,637 | $195.42 | 3 / 2 | 15 yrs | 1 | 6 | 77 |
Source: Altos Research market segments, week of November 8, 2026, Groveland, FL, houses. “Absorbed” is Altos’s term for listings that left the active market during the week. It does not mean sold, and Altos does not label it as sold.
Three readings come out of that table. The bottom segment took 6 of the 9 absorbed listings citywide while adding only 1 new one, so the cheapest quarter is where inventory is leaving fastest. The top segment added 3 and absorbed none, and it is the only band whose implied asking rate clears $250 per square foot, at $259.67 against $186.31 to $199.69 across the other three. Age does not climb with price: the $460,750 segment is the newest at a median 5 years while the cheapest is the oldest at 15, so a comparable chosen on price alone can land a decade away from the subject home.
Eight new listings and nine absorbed across the whole city is a one-week snapshot, and counts this small move on single transactions. Read the segment rows as direction rather than as a rate.
What this means if you are deciding whether to list
- Anchor the price to the closed figures. Asking sits at $416,499 against a September closed median of $400,000, a gap of 4.12 percent, and on a per-foot basis $202 asking against $195.64 closed, a gap of 3.25 percent.
- Treat 47 percent as the cost of guessing high. Nearly half the standing inventory has already reduced, and a price reduction in Florida spends time before it buys attention.
- Read the two day counts together. A median of 77 days with an average of 120 means a long tail of listings sitting well past the midpoint, and those are the homes competing with yours on price.
- Check which segment your home falls into before pulling comparables, because size and age move independently of price across these four bands.
- A sold-to-list ratio of 1.00 means the list price did the work. Start with a valuation rather than a round number.
A note for buyers
An index of 30 is the balance point on Altos’s own scale, and inventory of 178 is down only 3 from ten days ago, so supply has not tightened. The useful targets are the listings already inside that 47 percent, especially in the lower two segments where median days on market sits at 77 and the citywide average of 120 says a meaningful group has sat far longer. Every price in this report is an asking price until a closing says otherwise.
Frequently asked questions
Is the Groveland market favoring sellers or buyers in November 2026?
The Market Action Index is 30, which Altos labels a “Slight Seller’s Advantage” on the report and describes as a balanced market in its published scale, where 35 or more is a seller’s market and the low 20s or below is a buyer’s market. The index was 31 a month earlier. With inventory at 178, 47 percent of listings already reduced and a September sold-to-list ratio of 1.00, neither side holds a clear structural edge right now.
Why did the median asking price go up if homes are not appreciating?
Because the median describes the current set of listings rather than any individual home. The median price of new Groveland listings moved from $330,000 to $416,167 between the two reports, so higher-priced homes entered the pool. The asking price per square foot stayed at $202 across the same period, and the September closed figure per heated square foot was down 6.57 percent year over year.
Does “absorbed” mean those homes sold?
No. Absorbed is Altos’s term for listings that left the active market during the week, which covers homes that went under contract, expired, were withdrawn or were taken off for any other reason. Altos does not label absorbed listings as sold. Closed-sale counts in this report come only from Stellar MLS, where Groveland recorded 47 single-family closings in September 2026.
Where to go from here
The number that decides a Groveland listing is the one you pick before it goes live, because the September data says the typical home here closed at its asking price. For more on the city itself, see our Groveland community page, and for how our team prepares a listing, see selling with us.
If you are weighing a listing in Groveland this month, book a strategy session with our team at mvphomegroup.com/nelsoncruz. We start with the closed comparables and the segment your home sits in, because those two facts set the asking price everything else depends on.
Nelson Cruz, P.A.
Founder & CEO
MVP Home Group, Real Broker LLC
Nelson brings nearly two decades in law enforcement to his work in real estate. View Nelson’s profile or contact our team at 407-901-9939 or [email protected].
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