The Groveton housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 183.7% in the past month alone. With 4.0 months of supply, Groveton's inventory levels remain relatively tight. Homes are taking about 137 days to sell, which is 0 days longer than this time last year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Groveton market with the affordability index at 1229.2. Based on current market indicators, home prices in Groveton are projected to decrease by approximately 21.1% over the next month.