Groveland, ID is a great place to invest in housing. The median value of a home in Groveland is currently $269,000, which is significantly lower than the national median home value of $338,100. In the past year, the US house appreciation rate was 8.27%, but in Groveland it was even higher at 15.93%. This means that homes in Groveland have seen an even higher rate of return on investment than the national average. Investing in housing in Groveland is a great financial decision and will likely bring a high return on investment over time.
The median home cost in Groveland is $269,000. Home appreciation the last 10 years has been 145.6%. Home Appreciation in Groveland is up 21.2%.
Average Age of Homes
- The median age of Groveland real estate is 24 years old
The Rental Market in Groveland
- Renters make up 28.8% of the Groveland population
- 0.0% of houses and apartments in Groveland, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.