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Groveland city, FL

ZIP 34737 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 34737

Median Home Value
$348,700
Median Rent
$1,419
Affordability Snapshot
$96,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,240/mo PITI).

25%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

20.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 34737 in Groveland city, FL, a household would need roughly $96,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,240. That is about 43% above the local median household income ($67,237), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
88.6%+35% vs US avg
x
Vacancy Rate
8.9%-14% vs US avg
x
Broadband Access
94.1%+8% vs US avg
x
4+ Bedrooms
5.8%-61% vs US avg
x
Built Pre-1939
1.4%-89% vs US avg
x
Built Post-2014
3.5%-49% vs US avg
x
Rent Burden >30%
24.6%-50% vs US avg
x
Mortgage-Free
31.3%-18% vs US avg
x
$348,700
Home Value
$1,419
Rent
2001
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached87.7%
  • 1-unit attached2.1%
  • 2-9 units5.8%
  • 10+ units0.0%
  • Mobile home & other4.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$348,700
Median rent$1,419
Owner-occupied88.6%
Vacant8.9%
Price-to-income5.2x
Est. income to buy$96,000