Market Overview
Home Prices in Groves, TX
The median home value in Groves, TX is $188,537 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.4% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Groves are priced54% below average. Groves is part of the Beaumont-Port Arthur, TX metro area.
Over the past five years, Groves home values have risen by approximately14.1%, reflecting steady appreciation in this market.
Price History
Groves Home Price Trend
City Comparison
Groves vs. National Median
At $188,537, homes in Groves cost 54% below the national median of $410,000. This makes Groves a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Groves?
20% Down Payment
$37,707
on $188,537
Monthly P&I
$983/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,248/mo
incl. taxes & insurance
Income Needed
$49,920
gross annual (30% rule)
10% Down Option
$18,854
+ PMI applies
Loan Amount (20% dn)
$150,830
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 Groves, TX?
The median home value in Groves is $188,537 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.4% year-over-year.
How much have home prices changed in Groves?
Over the past year, home values in Groves have increased by 6.4%. Over five years, prices have risen approximately 14.1%.
How much do I need to earn to buy a home in Groves?
To comfortably afford the median home price of $188,537 with a 20% down payment ($37,707) at today's rates (6.8%), you'd need a gross annual income of approximately $49,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Groves compare to the national average home price?
The national median home value is approximately $410,000. At $188,537, homes in Groves are 54% below the national average.
What metro area is Groves part of?
Groves is part of the Beaumont-Port Arthur, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.