Groveland, Florida

Lake County Real Estate - Groveland

Groveland is in East Central Florida. It's population as recorded in the 2010 Census was 8,729. Groveland is approximately 29 miles from Orlando (population 238,300) and around 27 miles from The Villages (population 51,442).

The median age for residents of Groveland is 33.9. Around 47.5% of Groveland households include school aged children and 22.1% of households include individuals aged 65 years or over. Census records indicate 65.6% of the Groveland population are White, 17% are Black or African American, 1% American Indian, 2.5% Asian and 4.2% are Two or more Races. Groveland has a significant Hispanic population. 25.9% (2,263) of Groveland residents are of Hispanic or Latino origin. Of these 34.9% are of Mexican origin, 33.53% Puerto Rican, 5.92% Cuban and 25.62% are of other Hispanic or Latino origin.

There are 3,369 housing units in Groveland. 506 (15%) of these were reported as vacant in the 2010 Census. There are 710 residential rental units in Groveland. 621 of them were occupied in 2010 providing a residential rental vacancy rate of 12%.

Groveland links:

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Groveland is located in Lake County. It has a population of approximately 8,729 people. The population increased 5.2% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 2.1% for Lake County and a 1.7% increase for the country as a whole. Groveland occupies 14.98 of the 938.38 square miles in Lake County. It had a population density of 582.6 persons per square mile in 2010. This compared to 316.6 for the county, 350.6 for Florida and 87.4 for the country.

2.3% ( 3,369) of the 145,303 housing units in Lake County are in Groveland (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Groveland has a 78.9% homeownership rate compared to Lake County's 77.7% homeownership rate and Florida's rate of 69.0%.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
United States 313,914,040 $14,025,202 1.7% $52,762 132,312,404 $186,200
Florida 18,801,310 $630,738 2.7% $47,827 9,026,965 $188,600
Lake County 297,052 $5,430 2.1% $47,509 145,303 $167,900
Groveland 8,729 $595.2%$53,178 3,369$184,900

Groveland's medium household income in 2011 was $53,178. Lake County's medium household income was $47,509, which is lower than the medium income for Florida as a whole: $47,827. 12.8% of the population in Groveland lives below the poverty line, compared to 14.7% in Florida, 11.4% of the population in Lake County and 14.3% nationwide. Additional Information:

Groveland Economic Activity

The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Groveland. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.

At $59 million, Groveland's economic activity represents 1.09% of Lake County's $5,430MM in economic activity. Lake County represents 0.86% of the Florida economy.

Groveland Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $0 0.0%
Merchant wholesaler sales $0 0.0%
Retail sales $55 92.7%
Accommodation and food services sales $4 7.3%
Total $59100%

Lake County Regional Comparisons

Economic Indicators
CityPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Clermont 28,742 $8192.3%$56,291 12,730$213,000
Eustis 18,558 $2721.8%$45,170 8,871$158,800
Groveland 8,729 $595.2%$53,178 3,369$184,900
Lady Lake 13,926 $3511.2%$35,625 8,865$131,400
Leesburg 20,117 $1,0582.1%$36,061 10,625$133,000
Mascotte 5,101 $101.6%$50,729 1,737$124,400
Mount Dora 12,370 $4953.9%$45,104 6,942$215,400
Tavares 13,951 $1362.1%$39,395 7,598$139,200

Lake County is located in East Central Florida. This region is responsible for 17.0% of Florida's economic activity. Lake County represents 5.1% of the region's economy.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Brevard County 543,376 $16,070 0.7% $50,068 270,512 $171,200
Osceola County 268,685 $7,448 7.0% $46,479 129,830 $170,200
Orange County 1,145,956 $53,843 4.9% $49,731 492,209 $211,100
Seminole County 422,718 $12,124 1.9% $58,908 182,625 $225,500
Lake County 297,052 $5,430 2.1% $47,509 145,303 $167,900
Volusia County 494,593 $10,951 0.5% $44,169 254,981 $172,100
Sumter County 93,420 $1,120 8.8% $44,817 55,988 $186,800
Total 3,369,551 $106,985 3.7% $48,812 1,531,448 $186,400

Groveland Real Estate

There are 6,522 properties in Groveland. The following table shows a summary of them based on 2014 sales data.

Groveland Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 676 10.36 16 $236,650 $119February 1st, 2014August 1st, 2014
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 109 1.67 0n/an/an/an/a
Hotel & Motel 2 0.03 1 $1,590,000 $37January 1st, 2014January 1st, 2014
Industrial 70 1.07 0n/an/an/an/a
Miscellaneous Property 7 0.11 0n/an/an/an/a
Mobile/Manufactured 701 10.75 28 $75,750 $54January 1st, 2014August 1st, 2014
Multifamily 38 0.58 1 $9,700 $2May 1st, 2014May 1st, 2014
Office 34 0.52 0n/an/an/an/a
Residential 4,747 72.78 292 $140,000 $77January 1st, 2014September 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 89 1.36 3 $2,094,400 $227January 1st, 2014February 1st, 2014
Special Purpose 45 0.69 0n/an/an/an/a
Sports & Entertaining 4 0.06 0n/an/an/an/a

Agricultural Real Estate in Groveland, Florida

676( 10.36%) of the properties in Groveland are classified as Agricultural. 16 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $4,751,700. The median sales price was $236,650. In 2014 the median sales price for Agricultural in Groveland was $119 per sq ft.

Commercial Real Estate in Groveland, Florida

0( .00%) of the properties in Groveland are classified as Commercial.

Government Real Estate in Groveland, Florida

109( 1.67%) of the properties in Groveland are classified as Government.

Hotel & Motel Real Estate in Groveland, Florida

2( .03%) of the properties in Groveland are classified as Hotel & Motel. 1 of them sold between January 1st, 2014 and January 1st, 2014. The total value of these sales was $1,590,000. The median sales price was $1,590,000. In 2014 the median sales price for Hotel & Motel in Groveland was $37 per sq ft.

Industrial Real Estate in Groveland, Florida

70( 1.07%) of the properties in Groveland are classified as Industrial.

Miscellaneous Real Estate in Groveland, Florida

7( .11%) of the properties in Groveland are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Groveland, Florida

701( 10.75%) of the properties in Groveland are classified as Mobile/Manufactured. 28 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $2,771,800. The median sales price was $75,750. In 2014 the median sales price for A Class Mobile/Manufactured in Groveland was $90 per sq ft, B Class properties sold for $54/ft and C Class $41/ft.

Multifamily Real Estate in Groveland, Florida

38( .58%) of the properties in Groveland are classified as Multifamily. 1 of them sold between May 1st, 2014 and May 1st, 2014. The total value of these sales was $9,700. The median sales price was $9,700. In 2014 the median sales price for Multifamily in Groveland was $2 per sq ft.

Office Real Estate in Groveland, Florida

34( .52%) of the properties in Groveland are classified as Office.

Residential Real Estate in Groveland, Florida

4,747( 72.78%) of the properties in Groveland are classified as Residential. 292 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $80,386,100. The median sales price was $140,000. In 2014 the median sales price for A Class Residential in Groveland was $111 per sq ft, B Class properties sold for $77/ft and C Class $36/ft.

Residential Real Estate in Groveland, Florida

0( .00%) of the properties in Groveland are classified as Residential.

Retail Real Estate in Groveland, Florida

89( 1.36%) of the properties in Groveland are classified as Retail. 3 of them sold between January 1st, 2014 and February 1st, 2014. The total value of these sales was $4,246,400. The median sales price was $2,094,400. In 2014 the median sales price for Retail in Groveland was $227 per sq ft.

Special Purpose Real Estate in Groveland, Florida

45( .69%) of the properties in Groveland are classified as Special Purpose.

Sports & Entertaining Real Estate in Groveland, Florida

4( .06%) of the properties in Groveland are classified as Sports & Entertaining.

Groveland, Lake County Market Data

Groveland Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 603 916,184
Government Property 110 88,497
Hotel & Motel 3 54,591
Industrial 68 3,227,111
Land 1,639 52,992
Miscellaneous Property 4 0
Mobile/Manufactured 677 907,869
Multifamily 36 122,835
Office 31 104,937
Residential 5,436 8,973,457
Retail 77 550,020
Special Purpose 55 293,873
Sports & Entertaining 4 33,546

Groveland Median Property Values per Sq Ft

Groveland Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Camp 2016 $229$37 $98$17 $50$7
Airport (private or commercial), bus terminal, marine terminal, pier or marina. 2016 $229$12 $98$9 $50$6
Auto sales, auto repair and storage or auto service shop 2016 $229$17 $98$10 $50$7
Church 2016 $344$12 $150$9 $80$6
Club, lodge or union hall 2016 $344$12 $150$9 $80$6
Community Shopping Center 2016 $352$17 $117$10 $49$7
Condominium 2016 $96$16 $48$16 $27$16
County Owned 2016 $344$30 $150$15 $80$7
Cropland soil capability Class III 2016 $130$16 $43$12 $21$8
Department Store 2016 $352$17 $117$10 $49$7
Drive-in Restaurant 2016 $229$17 $98$10 $50$7
Federal Owned 2016 $344$30 $150$15 $80$7
Financial institution (bank, saving and loan company, mortgage company, credit services) 2016 $229$17 $98$10 $50$7
Golf course or driving range 2016 $229$37 $98$17 $50$7
Government Undefined 2016 $344$30 $150$15 $80$7
Grazing land soil capability Class I 2016 $130$16 $43$12 $21$8
Grazing land soil capability Class III 2016 $344$16 $150$12 $80$8
Grazing land soil capability Class IV 2016 $344$16 $150$12 $80$8
Grazing land soil capability Class V 2016 $344$16 $150$12 $80$8
Grazing land soil capability Class VI 2016 $344$16 $150$12 $80$8
Hotel or motel 2016 $229$33 $98$33 $50$33
Improved agricultural 2016 $130$16 $43$12 $21$8
Light manufacturing 2016 $130$8 $43$5 $21$3
Mixed use - store and office or store and residential or residential combination 2016 $352$17 $117$10 $49$7
Mobile Home 2016 $96$6 $48$6 $27$6
Mortuary, cemetery or crematorium 2016 $344$12 $150$9 $80$6
Multi-family - 10 units or more 2016 $96$10 $48$8 $27$6
Multi-family - less than 10 units 2016 $96$10 $48$8 $27$6
Municipal Owned 2016 $344$30 $150$15 $80$7
Nightclub, cocktail lounge or bar 2016 $229$37 $98$17 $50$7
Office building, non-professional service building, one story 2016 $229$15 $98$12 $50$9
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 2016 $130$8 $43$5 $21$3
Orchard Groves, Citrus, etc. 2016 $344$16 $150$12 $80$8
Ornamentals, miscellaneous agricultural 2016 $344$16 $150$12 $80$8
Orphanage, other non-profit or charitable services 2016 $344$12 $150$9 $80$6
Poultry, bees, tropical fish, rabbits, etc. 2016 $344$16 $150$12 $80$8
Private school or college 2016 $344$12 $150$9 $80$6
Professional service building 2016 $229$15 $98$12 $50$9
Public county school 2016 $344$30 $150$15 $80$7
Repair service shop (excluding automotive) 2016 $229$17 $98$10 $50$7
Restaurant, cafeteria 2016 $229$17 $98$10 $50$7
Service station 2016 $229$17 $98$10 $50$7
Single Family 2016 $130$16 $93$16 $67$16
State Owned 2016 $344$30 $150$15 $80$7
Store, one story 2016 $352$17 $117$10 $49$7
Timberland - site index 60 to 69 2016 $130$16 $43$12 $21$8
Timberland - site index 70 to 79 2016 $130$16 $43$12 $21$8
Timberland - site index 90 and above 2016 $130$16 $43$12 $21$8
Undefined - Reserved for Use by Department of Revenue 2016 $96$16 $48$16 $27$16
Utility 2016 $344$42 $150$15 $80$6
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $130$8 $43$5 $21$3
Wholesale outlet, produce house or manufacturing outlet 2016 $229$17 $98$10 $50$7