Home prices
The median home value in Groves is $112,900. This is roughly $32,660 (22%) lower compared to the surrounding areas.Compared to the rest of the nation it is roughly $104,600 (48%) lower, and compared to the city of Houston it is approximately $58,900 (34%) lower.
Rents
In Groves the median monthly rent is $970. In comparison to its surrounding areas it is roughly $41 (4%) higher.Compared to the rest of the nation it is roughly $92 (8%) lower, and in comparison to the city of Houston it is roughly $71 (6%) lower.
Nearby places
Port Neches
Port Neches is Groves's neighbor to the northwest. The real estate prices there are a little more expensive. The median home in Port Neches is valued at $165,900, which is $53,000 (31%) higher than Groves. Its rents are similar. In Port Neches the median monthly rent is $996, which works out to $26 (2%) higher than Groves.
Port Arthur
Port Arthur is Groves's neighbor to the south. The real estate prices there are significantly less expensive. The median home value in Port Arthur is $65,800, which comes out to $47,100 (71%) lower than Groves. Its rents are somewhat less expensive. Port Arthur's median rent is $823 a month, which comes out to $147 (17%) lower than Groves.
Nederland
Nederland is about 4 miles northwest from Groves. Its housing prices are a little more expensive. The median home cost in Nederland is $132,700, which works out to $19,800 (14%) higher than Groves. Rents there are a bit less expensive. Nederland's median monthly rent is $873, which is $97 (11%) lower than Groves.
Central Gardens
Central Gardens is about 6 miles northwest from Groves. Its real estate prices are significantly more expensive. Central Gardens's median home price is $228,500, which is $115,600 (50%) higher than Groves. The rent there is a little less expensive. The median monthly rent in Central Gardens is $911, which is $59 (6%) lower than Groves.
Bridge City
Bridge City is approximately 7 miles northeast of Groves. The real estate prices there are a bit more expensive. The median home in Bridge City costs $134,900, which works out to $22,000 (16%) higher than Groves. Rent there is somewhat more expensive. In Bridge City the median rent is $1,040 per month, which works out to $70 (6%) higher than Groves.
