Zip 75845 (Groveton, TX) Housing

Housing in 75845 Groveton, TX is significantly more affordable than the US median, with a median housing value of $171,200. This is much lower than the US median of $338,100. The one year appreciation rate of housing in 75845 Groveton, TX is 16.22%, which is higher than the 8.27% national average one year appreciation rate for housing. Because of these factors, this area appears to be an attractive market for potential homebuyers on a budget who wish to purchase a property that will appreciate in value over time.

The median home cost in Groveton (zip 75845) is $171,200. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Groveton (zip 75845) is up 19.7%.

Average Age of Homes

- The median age of Groveton (zip 75845) real estate is 37 years old

The Rental Market in Groveton (zip 75845)

- Renters make up 15.6% of the Groveton (zip 75845) population
- 0.6% of houses and apartments in Groveton (zip 75845), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Groveton, Texas	United States
	1,439.0	139,647,020.0
	38	42
	$171,200	$338,100
	19.7%	16.6%
	63.7%	57.0%
	99.0%	101.1%
	$13.22	$10.98
	$1,015	$2,690
	48.8%	57.4%
	34.7%	11.2%
	16.5%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	11.5%	3.6%
	22.6%	4.1%
Value of Owner-Occupied Housing
	8.5%	2.6%
	9.1%	2.4%
	7.8%	2.8%
	28.3%	3.9%
	12.3%	4.5%
	8.1%	11.3%
	12.4%	13.0%
	11.4%	20.1%
	1.3%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	2.8%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	16.2%	13.6%
	18.7%	13.2%
	14.3%	14.8%
	16.2%	13.6%
	6.0%	10.0%
	6.7%	4.7%
	13.3%	12.2%

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