Groveland home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Groveland fell by $9,250 while total sales increased by 40%, according to

In October 2020, there were 14 homes sold, with a median sale price of $223,500 - a 4% decrease over the $232,750 median sale price for the same period of the previous year. There were 10 homes sold in Groveland in October 2019.

The median sales tax in Groveland for the most recent year with available data, 2016, was $1,919, approximately 0.9% of the median home sale price for October 2020.

The following table compares Groveland to other Lake County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Mount Dora432948.3%$248,000$250,000-0.8%
Lady Lake25250%$235,000$193,00021.8%
Fruitland Park151315.4%$235,000$150,00056.7%
Grand Island12-50%$201,887$233,500-13.5%
Howey in the Hills67-14.3%$183,500$355,500-48.4%

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