Is Groveoak, AL 35975 a buyer’s or seller’s market?
Groveoak is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Groveoak housing market right now
In the three months ending August 31, 2026, 0% of homes in Groveoak, AL 35975 sold above their list price, the typical home went under contract in 138 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Within DeKalb County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Higdon 35979 (50% sold over asking) and Fort Payne 35967 (20% sold over asking) are even more competitive.
Run the numbers for 35975
Nearby markets
Collinsville 35961Seller’s market $182 /sq ftCrossville 35962Buyer’s market $164 /sq ftDawson 35963Buyer’s market $167 /sq ftFort Payne 35967Buyer’s market $163 /sq ft Browse all markets →Towns like Groveoak nearby
Find towns like Groveoak in other states →Where Groveoak is
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Questions about Groveoak real estate
Is Groveoak a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Groveoak, AL 35975 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 Groveoak?
The typical home went under contract in 138 days in the latest three months.
Do homes in Groveoak sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.8% of the list price.
What are property taxes in Groveoak?
About 0.32% of a home’s value a year in DeKalb County, or roughly $1,280 on a $400,000 home.
What is the median home price in Groveoak?
The median sale price was $164,929 in the three months ending August 31, 2026, about $113 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