Is Groveland, MA 01834 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Groveland is a seller’s market. With about 1.5 months of supply and 74% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score93/ 100

More competitive than 97% of U.S. ZIP codes, and #13 of 362 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.5Under 4 months = seller’s market
Sold above original list74.1%Share of sales, last 3 months
Median sale-to-list103.6%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$389▲ +28.5% vs. last year

The Groveland housing market right now

In the three months ending August 31, 2026, 74% of homes in Groveland, MA 01834 sold above their list price, the typical home went under contract in 21 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 32 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 38%, homes sold more slowly (19 days then) and the median sale price fell 7% to $714,691. Overall, Groveland is more competitive than a year ago, so tougher for buyers.

Within Essex County, homes here sell faster than in 61% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Groveland ranks #13 of 362 MA ZIP codes with enough sales (score 93 out of 100).

Nearby, buyers who want less competition could look at Nahant 01908 (0% sold over asking) or Lynn 01901 (0% sold over asking).

Nearby markets

Amesbury 01913Seller’s market $385 /sq ftAndover 01810Seller’s market $412 /sq ftBeverly 01915Seller’s market $475 /sq ftBoxford 01921Seller’s market $357 /sq ft Browse all markets →

Where Groveland is

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Questions about Groveland real estate

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

A seller’s market: there were 1.5 months of supply in Groveland, MA 01834 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Groveland?

The typical home went under contract in 21 days in the latest three months.

Do homes in Groveland sell over asking?

74% of homes sold above their original list price, and the typical sale closed at 103.6% of the list price.

What are property taxes in Groveland?

About 1.04% of a home’s value a year in Essex County, or roughly $4,160 on a $400,000 home.

What is the median home price in Groveland?

The median sale price was $714,691 in the three months ending August 31, 2026, about $389 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology