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Groveville, NJ

Full City Profile · New Jersey · Mercer County County

3.2 /5.0
B Good
3,007 Population 1,361/sq mi density
$108,362 Median Income $39,585 per capita
$347,900 Home Value $708,005 Zillow
$1,207 Median Rent 51.0% income on rent
53°F Avg Temperature 275 sunny days/yr
26 Violent Crime/100K 230 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$108,362 median income, 7.3% unemployment
A+
Affordability
4.9 / 5.0
$347,900 home value, $1,207/mo rent
F
Safety
1.0 / 5.0
26 violent crimes/100K
C+
Education
2.8 / 5.0
23.0% bachelor's degree or higher

Housing Overview

Median Home Value
$347,900
23% above
US avg: $281,900
Median Rent
$1,207/mo
4% above
US avg: $1,163/mo
Homeownership Rate
72.3%
11% above US avg (65.4%)
Total Housing Units
1,067
Median year built: 1957

Home Value by Source

Census Median
$347,900
Zillow (ZHVI)
$708,005
Median Sale Price
$500,000
Median List Price
$369,999
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.3%
Owner-Occupied
27.7%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $1,207/mo

Market Indicators (Redfin)

Median Days on Market
67 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$238
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
72.3%

Complete Housing Data

Home Values

Census Median Value$347,900
Zillow Home Value (ZHVI)$708,005
Median Sale Price$500,000
Median List Price$369,999
Price Per Sq Ft$238

Rent

Census Median Rent$1,207
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market67
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold2
Active Inventory3
Price Per Sq Ft$238

Ownership & Stock

Owner-Occupied72.3%
Renter-Occupied27.7%
Homeownership Rate72.3%
Total Housing Units1,067
Median Year Built1957
Rent Burden51.0%