Blue Springs Reserve Townhomes
Homes for Sale in Groveland, FL
All 247 homes for sale in Groveland, FL · median $399,950 · 10 townhomes for sale in Groveland · Lake County homes for sale
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-09-20, 13 recorded sales closed at a median of $336,994, $158 per square foot, a median 123 days on market, sellers accepting 101% of original asking (-4% versus the prior year). At the median price and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $5,610 ($4,940 with the full homestead exemption).
| Location | Groveland, Lake County, FL · ZIP 34737 |
|---|---|
| Homes in the community | 30 (FL DOR 2025 assessment roll) |
| Years built | 2007–2024 (median 2024.0) |
| Typical living area | 2,140 sq ft (median) |
| Sale prices, last 12 months | $336,994 median across 13 closed sales · $158 per sq ft · -3.7% vs the prior 12 months |
| Days on market (closed sales) | 123 median |
| Owner-occupied (homestead) share | 13% |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2024 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Blue Springs Reserve Townhomes Phase 1 key facts,” movewithmomentum.com/neighborhoods/blue-springs-reserve-townhomes-phase-1, data as of September 20, 2026.
Price in Blue Springs Reserve Townhomes Phase 1 is anchored by the median of $338,994, with a median around $158 per square foot. This is a newer townhome product, so what moves a given price is condition, interior finish level, and floor plan more than location swings within the phase.
The market posture here is slow and slightly soft. Median days on market sit at 100 — meaning half of what sells takes longer than three months to close — and prices are down 4.4% year over year. For buyers, that means room to negotiate and no reason to rush. For sellers, it means pricing to the median from day one and presenting the home in move-in condition, because overpriced listings will sit.
Blue Springs Reserve Townhomes right now
🟡 Off the recent peak. The trailing-12-month median ($337K) is down 3.7% from the prior 12 months ($350K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending September 20. Confidence: Medium (13 and 13 sales in the two windows).
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· Updated October 5, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Nearby homes for sale
No active listings inside Blue Springs Reserve TownhomesHomes for Sale in Groveland, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Blue Springs Reserve Townhomes market snapshot (as of September 20, 2026): the median sale price is about $337K ($158 per sq ft over the trailing 12 months of closed sales), and a median 123 days on market for closed sales. The trailing-12-month median is down 4% from the prior 12 months, computed from record-level Stellar MLS closed sales (13 closings in the current window).
In ZIP 34737 (Groveland), 115 homes closed in the last 12 months at a median of $382K ($166/sq ft), down 5.3% year over year, with a median 78 days on market. Right now 12 active and 5 pending listings put supply at about 3.3 months — a balanced market. See the live ZIP 34737 housing market and the Lake County market.
County records show 23 qualified sales in Blue Springs Reserve Townhomes across 2024–2025 (22 in 2024, 1 in 2025), median $354,500 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Blue Springs Reserve Townhomes is a community of 30 homes in Groveland, Lake County, built between 2007 and 2024 (median 2024.0), with a median living area of about 2,140 square feet. 13% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Blue Springs Reserve Townhomes Phase 1 is a newer townhome community in Groveland, Lake County, trading in the mid-$330s with a thin, slow-moving resale market built on a modest window of closings.
Who Blue Springs Reserve Townhomes is best for.
Best for
- Buyers targeting the mid-$330s who want a newer townhome and low exterior upkeep
- Value-focused buyers willing to negotiate on price given the soft trend
- Long-hold buyers comfortable with a slow resale pace
Probably not for
- Buyers who need to sell again within a short horizon
- Anyone counting on quick price gains
- Buyers who want a fast, competitive close with little time on market
Housing distress & ownership in Blue Springs Reserve Townhomes Phase 1, Groveland
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
The Blue Springs Reserve Townhomes buying strategy.
If we were buying in Blue Springs Reserve Townhomes today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Blue Springs Reserve Townhomes.
A thin, patient resale market
With only 15 closings in the measured window, this is a small dataset — one or two atypical sales can swing the median, so treat every figure as directional rather than precise. A median near $158 per square foot combined with a 100-day median tells you the pace is deliberate; homes are moving, but not quickly, and buyers are taking their time.
The 4.4% year-over-year decline is the number sellers should sit with. It is not a collapse, but it does mean the community has not held its prior pricing, and the long days on market reinforce that. Condition and finish are doing the heavy lifting on price here, so the spread between a well-kept unit and a tired one can be meaningful.
The location and the amenities are priced into every listing in Blue Springs Reserve Townhomes. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Blue Springs Reserve Townhomes buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.5). Basis: Recent Direction -3.7% year-over-year; Owner Commitment 13% owner-occupied; Pricing Power 100.7% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a small, slow market like this one, comps are scarce and easy to misread. We read the closings behind the median, tell you when a listing is priced to sit versus priced to sell, and we will walk you off a unit that does not fit rather than talk you into it.
Blue Springs Reserve Townhomes in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Blue Springs Reserve Townhomes buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Blue Springs Reserve Townhomes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Blue Springs Reserve Townhomes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Blue Springs Reserve Townhomes home worth?
Get a no-obligation home value based on real comparable sales in Blue Springs Reserve Townhomes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Blue Springs Reserve Townhomes?
How long do homes in Blue Springs Reserve Townhomes take to sell?
How many homes are in Blue Springs Reserve Townhomes?
What share of Blue Springs Reserve Townhomes is owner-occupied?
When were the homes in Blue Springs Reserve Townhomes built?
Who is the best real estate agent for Blue Springs Reserve Townhomes?
How do I find a top Groveland real estate agent who knows Blue Springs Reserve Townhomes?
Can Momentum Realty connect me with an agent for Blue Springs Reserve Townhomes?
Where is Blue Springs Reserve Townhomes, and what county is it in?
Is Blue Springs Reserve Townhomes a good place to live?
Should you buy in Blue Springs Reserve Townhomes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 34737)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2024 (28 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Blue Springs Reserve Townhomes Phase 1 fits the bigger picture — live prices, inventory, and Momentum Scores:
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