Question 1

What is the median sold price in Grove Meadows?

Accepted Answer

The median sold price in Grove Meadows is $430,000 based on 49 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Grove Meadows?

Accepted Answer

The average sold price in Grove Meadows is $417,627. Note that the average ($417,627) is lower than the median ($430,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Grove Meadows?

Accepted Answer

Home prices in Grove Meadows range from $260,000 to $640,000 based on recent sales data. This $380,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Grove Meadows selling above or below asking price?

Accepted Answer

On average, homes in Grove Meadows are selling at 100.0% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Grove Meadows?

Accepted Answer

Homes in Grove Meadows are selling in an average of 43 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Grove Meadows?

Accepted Answer

The average price per square foot in Grove Meadows is $326. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $652,000.

Question 7

How active is the real estate market in Grove Meadows?

Accepted Answer

The Grove Meadows market has seen 49 home sales over the past 2 years, with 1 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

How many new listings are coming to market in Grove Meadows?

Accepted Answer

There have been 1 new listings in Grove Meadows during February 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

Are home prices rising or falling in Grove Meadows?

Accepted Answer

Home prices in Grove Meadows have decreased by 7.8% over the past 2 years. The average sold price moved from $466,300 to $430,000. This downward trend may present buying opportunities for purchasers.

Question 10

Is Grove Meadows a buyer's or seller's market?

Accepted Answer

Based on current data, Grove Meadows is a slight seller's market. Homes are selling in 43 days on average and at 100.0% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 11

What percentage of homes sell above asking price in Grove Meadows?

Accepted Answer

In Grove Meadows, 43% of homes sold above asking price, while 51% sold below asking. This indicates a competitive market where bidding wars are common.

Question 12

What size homes are selling in Grove Meadows?

Accepted Answer

Homes selling in Grove Meadows range from 894 to 2,250 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Grove Meadows?

Accepted Answer

Grove Meadows shows relatively consistent pricing with a standard deviation of $68,447 around the average price of $417,627. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 14

How do I find out how much a house sold for in Grove Meadows?

Accepted Answer

Simply search our Grove Meadows sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 15

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Grove Meadows will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Grove Meadows?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Grove Meadows. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Recently Sold Homes in Grove Meadows, Spruce Grove

Grove Meadows Sold Data Overview

1 Recently Sold Homes in Grove Meadows (Last 30 days • Updated February 24, 2026 at 2:56 PM)

Understanding the Grove Meadows Market

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2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Grove Meadows vs Spruce Grove

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