Groves Ph 04
Homes for Sale in Land O Lakes, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Price here is driven by a fairly uniform housing stock. The homes went up in a tight window in the mid-2000s and cluster around 1,675 square feet, so what separates one sale from the next is mostly condition and updates rather than square footage or vintage. The median sits at $275,000, or roughly $211 per square foot, and the spread around that number tends to be condition-driven — updated interiors pull ahead, deferred maintenance drags.
The current posture favors buyers. Prices are down 11.3% year over year and homes are taking a median of 82 days to sell, which is a slow, patient market by any measure. A heat score of 15 says the same thing in different words: there is little urgency and room to negotiate. Sellers should price to the current market, not to last year's, and expect the listing to sit for the better part of three months. Buyers have time to inspect, compare, and hold their number.
Groves Ph 04 right now
🔴 Off the recent peak. The trailing-12-month median ($275K) is down 11.3% from the prior 12 months ($310K). With about 3 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).
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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 04 market snapshot (as of July 13, 2026): the median sale price is about $275K ($211 per sq ft over the trailing 12 months of closed sales), and a median 82 days on market for closed sales. The trailing-12-month median is down 11% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).
Groves Ph 04 is a community of 128 homes in Land O Lakes, Pasco County, built between 2005 and 2007 (median 2006.0), with a median living area of about 1,675 square feet. 73% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Groves Ph 04 is a small, cohesive pocket of 128 homes built between 2005 and 2007 in Land O Lakes. With most homes owner-occupied, turnover is limited, so inventory is thin and each listing carries weight in how the neighborhood is read.
Who Groves Ph 04 is best for.
Best for
- Buyers with a budget around the mid-$200s looking for a predictable mid-2000s home
- Patient buyers who want negotiating leverage in a slow market
- Owner-occupants planning to hold, who value a stable, low-turnover street
Probably not for
- Sellers who need to move quickly and cannot absorb roughly three months on market
- Buyers seeking new construction or a wide range of floor plans and sizes
- Short-term flippers counting on rapid appreciation in a declining market
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 ($275K) IS the median in the snapshot above, and the move from 2025 ($310K) IS the -11.3% one-year change.
Windows contain 0 to 10 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 04 buying strategy.
If we were buying in Groves Ph 04 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 04.
A uniform stock in a slow market
The defining feature here is consistency. A build range of just 2005 to 2007 and a median around 1,675 square feet means you are largely comparing like to like. That makes the appraisal math cleaner and gives buyers a real basis for judging value: the question is almost always about the condition of a specific home, not whether it is fundamentally larger or newer than its neighbors.
Owner-occupancy runs high, with roughly three-quarters of homes homesteaded. That points to a neighborhood held by long-term occupants rather than churned by investors, which tends to keep the streetscape stable but also keeps listings scarce. Combined with an 82-day median time on market and a double-digit year-over-year decline, the takeaway is a market where good homes still transact but nothing moves in a hurry.
The location and the amenities are priced into every listing in Groves Ph 04. 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 04 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 (3.9). Basis: Recent Direction -11.3% year-over-year; Owner Commitment 73% owner-occupied; Pricing Power 86.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a slow, condition-driven market like this one, pricing and presentation decide everything. We read the comps on a home-by-home basis rather than leaning on a single neighborhood average, and we set expectations honestly on timing — three months is a normal listing life here, not a failure. For buyers, we help you use the soft market and long days on market as leverage. For sellers, we position the home so it stands out in a thin, patient inventory.
Groves Ph 04 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 04 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 04 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 04, 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 04 home worth?
Get a no-obligation home value based on real comparable sales in Groves Ph 04, 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 04?
How long do homes in Groves Ph 04 take to sell?
How many homes are in Groves Ph 04?
What share of Groves Ph 04 is owner-occupied?
When were the homes in Groves Ph 04 built?
Do cash buyers compete in Groves Ph 04?
Who is the best real estate agent for Groves Ph 04?
How do I find a top Land O Lakes real estate agent who knows Groves Ph 04?
Can Momentum Realty connect me with an agent for Groves Ph 04?
Should you buy in Groves Ph 04?
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 (2 streets, ZIP 34637)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2010 (35 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.
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