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North Lake Times

Sunday, November 24, 2024

How did home prices perform in Groveland during the first half of 2021?

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The median sale price of a home sold in the first half of 2021 in Groveland rose by $18,950 while total sales increased by 66.1%, according to BlockShopper.com.

From January through June of 2021, there were 98 homes sold, with a median sale price of $248,950 - a 8.2% increase over the $230,000 median sale price for the same period of the previous year. There were 59 homes sold in Groveland in the first half of 2020.

The median sales tax in Groveland for the most recent year with available data, 2016, was $1,919, approximately 0.8% of the median home sale price for the first half of 2021.

The following table compares Groveland to other Lake County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Sorrento886339.7%$290,000$245,00018.4%
Astor11683.3%$275,000$286,500-4%
Altoona8633.3%$267,500$189,20041.4%
Minneola5566-16.7%$265,000$244,1258.6%
Mount Dora20314540%$260,000$229,00013.5%
Groveland985966.1%$248,950$230,0008.2%
Yalaha181250%$245,450$240,2502.2%
Lady Lake17110661.3%$239,000$214,00011.7%
Grand Island272412.5%$230,000$191,95019.8%
Tavares17412341.5%$229,250$197,00016.4%
Eustis21615242.1%$225,000$199,95012.5%

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