Market Overview
Home Prices in Grove, OK
The median home value in Grove, OK is $302,299 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grove are priced26% below average.
Over the past five years, Grove home values have risen by approximately32.6%, reflecting strong long-term appreciation in this market.
Price History
Grove Home Price Trend
2020
$185,606
$186K
—
2021
$227,930
$228K
+22.8%
2022
$272,379
$272K
+19.5%
2023
$275,660
$276K
+1.2%
2024
$285,367
$285K
+3.5%
2025
$294,758
$295K
+3.3%
2026
$302,299
$302K
+2.6%
City Comparison
Grove vs. National Median
🏠 Grove
$302,299
National Median
$410,000
At $302,299, homes in Grove cost 26% below the national median of $410,000. This makes Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grove?
20% Down Payment
$60,460
on $302,299
Monthly P&I
$1,577/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,003/mo
incl. taxes & insurance
Income Needed
$80,120
gross annual (30% rule)
10% Down Option
$30,230
+ PMI applies
Loan Amount (20% dn)
$241,839
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Grove, OK?
The median home value in Grove is $302,299 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Grove?
Over the past year, home values in Grove have increased by 2.6%. Over five years, prices have risen approximately 32.6%.
How much do I need to earn to buy a home in Grove?
To comfortably afford the median home price of $302,299 with a 20% down payment ($60,460) at today's rates (6.8%), you'd need a gross annual income of approximately $80,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Grove compare to the national average home price?
The national median home value is approximately $410,000. At $302,299, homes in Grove are 26% below the national average.