Groveville, NJ
Full City Profile · New Jersey · Mercer County County
3.7
/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
54°F
Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$108,362 median income, 12.3% unemployment
A+
Affordability
4.9 / 5.0
$347,900 home value, $1,207/mo rent
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
Redfin Median Sale
$500,000
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
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 Sale Price
$500,000
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 |
| Redfin Median Sale | $500,000 |
| 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 Market | 67 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 3 |
| Price Per Sq Ft | $238 |
Ownership & Stock
| Owner-Occupied | 72.3% |
| Renter-Occupied | 27.7% |
| Homeownership Rate | 72.3% |
| Total Housing Units | 1,067 |
| Median Year Built | 1957 |
| Rent Burden | 51.0% |