Groves Ph 03
Homes for Sale in Land O Lakes, FL
True comps, carrying-cost math, and listings before the portals.
Groves Ph 03 is a tight, single-era pocket of Land O Lakes — 164 homes built between 2005 and 2007, most landing right around 1,905 square feet. When the housing stock is this uniform, price is driven less by floor plan and more by condition, updates, and lot position. The median sits at $340,000, or about $201 per square foot, and the spread around that number tends to reflect how much work a home does or doesn't need.
The current posture is a buyer's market that isn't panicking. Prices are off 6.1% year over year, and homes are taking a median of 38 days to go under contract — enough time that buyers can be deliberate and sellers can't expect instant offers. For sellers, that means condition and pricing discipline matter; for buyers, there's room to negotiate, especially on homes that need updating.
Groves Ph 03 right now
🟡 Off the recent peak. The trailing-12-month median ($340K) is down 6.1% from the prior 12 months ($362K). With about 2 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 July 13. Confidence: Low (3 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Groves Ph 03 right now
🟡 Off the recent peak. The trailing-12-month median ($340K) is down 6.1% from the prior 12 months ($362K). With about 2 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 July 13. Confidence: Low (3 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Groves Ph 03 market snapshot (as of July 13, 2026): the median sale price is about $340K ($201 per sq ft over the trailing 12 months of closed sales), and a median 38 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).
Groves Ph 03 is a community of 164 homes in Land O Lakes, Pasco County, built between 2005 and 2007 (median 2006.0), with a median living area of about 1,905 square feet. 79% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is a compact, consistent community where nearly every home came out of the mid-2000s at a similar size, so your comparison shopping is really about condition and finish rather than radically different products. The high homestead share (about 79%) points to a stable, owner-occupied core rather than a churn of short-term holds.
Who Groves Ph 03 is best for.
Best for
- Buyers targeting a roughly 1,900-square-foot home priced near the $340,000 median
- Long-hold owner-occupants who value a stable, high-homestead community
- Buyers comfortable renovating who want to negotiate on a dated home in a softer market
Probably not for
- Buyers wanting a wide range of home sizes, ages, or styles in one place
- Sellers expecting last year's pricing or fast, over-ask offers
- Investors counting on quick flips in a market that's moving at a 38-day median pace
Median sale price over the trailing 12 months ending July 13 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($340K) IS the median in the snapshot above, and the move from 2025 ($362K) IS the -6.1% one-year change.
Windows contain 0 to 5 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
The Groves Ph 03 buying strategy.
If we were buying in Groves Ph 03 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 Groves Ph 03.
A single-vintage subdivision
Because Groves Ph 03 was built out over just three years, you're evaluating homes of roughly the same age and layout. That's useful: it makes valuation cleaner and helps you spot which sellers have reinvested and which haven't. At a median of $201 per square foot, updated kitchens, roofs, and HVAC systems are where the real price separation happens — not square footage.
The pace of the market — a median 38 days on the market — gives buyers space to inspect, compare, and structure a reasonable offer. The 6.1% year-over-year decline signals softer footing than a year ago, so sellers who price to the current median rather than last year's expectations are the ones getting to the closing table.
The location and the amenities are priced into every listing in Groves Ph 03. 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 Groves Ph 03 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 (7.4). Basis: Recent Direction -6.1% year-over-year; Owner Commitment 79% owner-occupied; Pricing Power 100.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a community this uniform, the edge comes from reading condition against the $340,000 median line — knowing which updates justify a premium and which cosmetic fixes don't. We track the small closings window here closely, so we can tell you whether a given ask is anchored to today's market or to numbers that no longer hold.
Groves Ph 03 in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- 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 Groves Ph 03 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 Groves Ph 03 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Groves Ph 03, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Groves Ph 03 home worth?
Get a no-obligation home value based on real comparable sales in Groves Ph 03, 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 Groves Ph 03?
How long do homes in Groves Ph 03 take to sell?
How many homes are in Groves Ph 03?
What share of Groves Ph 03 is owner-occupied?
When were the homes in Groves Ph 03 built?
Do cash buyers compete in Groves Ph 03?
Who is the best real estate agent for Groves Ph 03?
How do I find a top Land O Lakes real estate agent who knows Groves Ph 03?
Can Momentum Realty connect me with an agent for Groves Ph 03?
Should you buy in Groves Ph 03?
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 July 13, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34637)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2015 (21 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.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 13 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($340K) IS the median in the snapshot above, and the move from 2025 ($362K) IS the -6.1% one-year change.
Windows contain 0 to 5 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 13, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34637)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2015 (21 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?
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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 your area comps.
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