Aerial view of River Groves

River Groves
Homes for Sale in East Palatka, FL

All 15 homes for sale in East Palatka, FL · median $334,000 · 18 homes for sale in 32131 · Putnam County homes for sale

Community in East Palatka · Putnam County · ZIP 32131
199 homesBuilt 1900–2024Median sale $245K
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Built fromLive realMLS data24 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-14, 3 recorded sales closed at a median of $245,000, $145 per square foot, a median 83 days on market, sellers accepting 94% of original asking. At the median price and Putnam County's FY2025-26 rate of 16.89 mills, annual property tax runs about $4,140 ($3,460 with the full homestead exemption).

Live · River Groves Housing Pulse realMLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$245K
Median sold · 12 mo
$145/sf
Sold $/sqft · 12 mo
peak $180 in 2023
93.8%
Sale vs ask
Putnam median: 92.7%
+251%
T12M median vs 2012
from a $70K median in 2012
Tempo
83days
Median DOM · closed
0 days at the 2024 low
3
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
68%
Owner-occupied · River Groves
146 of 216 parcels homesteaded (FL DOR 2025)
32%
Non-owner-occupied · River Groves
incl. 6% trust or LLC-held · 5% out-of-state
199
Homes in the community
plus 17 vacant residential lots · 216 residential parcels (FL DOR 2025)
Track record · 24 years of records
9
Recorded sales · 2024-2025
median $240K · qualified sales on the county roll (FL DOR 2025)
Est. 1900
Community established
homes built 1900-2024, median 1965 (FL DOR 2025)
1,734sqft
Median sold home size
12-mo windows, closed sales
1.5%/yr
Turnover rate
about 3 of 199 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

River Groves is a name that suggests uniformity, but the record doesn't back that up — homes here range from ones built in 1900 to construction completed as recently as 2024. With a median build year of 1965, the value story in this East Palatka pocket is told property by property: age, upkeep, and updates carry far more weight than any shared identity along the street.

The current MLS pull doesn't surface any built-in community amenities, which reframes what a buyer is actually paying for here — the lot and the structure, not a clubhouse or gate. With 67.4% of the 201 homes carrying a homestead exemption, this reads as a base with real staying power rather than a rotating rental pool, which matters for anyone trying to gauge how a purchase here holds up over time.

Nearby homes for sale

No active listings inside River Groves 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.

106 RIVER Drive
$250K · 0.1 mi away
3 bd · 2.5 ba · 1,462 sqft
106 RIVER Drive
Listed by IHEART REALTY INC
209 RIVER Drive
$470K · 0.1 mi away
3 bd · 3 ba · 2,024 sqft
209 RIVER Drive
Listed by MAXREV, LLC
112 PUTNAM Avenue
$215K · 0.4 mi away
3 bd · 2 ba · 1,575 sqft
112 PUTNAM Avenue
Listed by VYLLA HOME
350 HIGHWAY 17
$285K · 1.5 mi away
3 bd · 2 ba · 1,230 sqft
350 HIGHWAY 17
Listed by RE/MAX UNLIMITED
705 OLIVE Street
$35K · 1.7 mi away
2 bd · 1 ba · 606 sqft
705 OLIVE Street
Listed by PUBLIC SERVICES REALTY
520 RIVER Street
$800K · 1.8 mi away
4 bd · 3.5 ba · 3,132 sqft
520 RIVER Street
Listed by CENTURY 21 BECKHAM REALTY

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

River Groves market snapshot (as of September 14, 2026): the median sale price is about $245K ($145 per sq ft over the trailing 12 months of closed sales), and a median 83 days on market for closed sales.

In ZIP 32131 (East Palatka), 13 homes closed in the last 12 months at a median of $257K ($189/sq ft), down 0.4% year over year, with a median 49 days on market. See the live ZIP 32131 housing market and the Putnam County market.

County records show 9 qualified sales in River Groves across 2024–2025 (3 in 2024, 6 in 2025), median $240,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

River Groves is a community of 199 homes in East Palatka, Putnam County, built between 1900 and 2024 (median 1965), with a median living area of about 1,860 square feet. 68% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

River Groves in East Palatka is a 201-home pocket of Putnam County spanning building vintages from 1900 to 2024, with a median build year of 1965 and median living space of 1,860 square feet — a spread wide enough that no two blocks read quite the same.

Best for

  • Buyers prioritizing land and structure over a clubhouse or organized amenities.
  • Buyers comfortable evaluating older housing stock (some homes date to 1900) alongside newer builds up to 2024.
  • Buyers who want a settled, owner-occupied base rather than a heavy rental or turnover market.

Probably not for

  • Buyers who want a guaranteed move-in-ready home without doing individual condition diligence.
  • Buyers specifically seeking gated, resort-style, or clubhouse amenities.
  • Buyers who need uniform, single-era construction rather than a mixed vintage streetscape.

Windows contain 2 to 7 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Source: Data provided by realMLS. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K$300K20122014201620182020202220242026
Every sale since 2002 · price vs size
$0$200K$400K$600K2k3k
83 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$50$100$15020122014201620182020202220242026
Up from $42 in 2012 to a $180 peak in 2023; $145 now.
Median days on market · closed sales
05010015020122014201620182020202220242026
0 days at the 2024 low; 83 now.
Sale price vs original ask · median
85%90%95%100%20122014201620182020202220242026
93.8% now vs Putnam 92.7%.
Homes sold per 12-mo window
024620122014201620182020202220242026
2 to 7 a year; 3 in the current window.
Indexed since 2012 · River Groves vs Putnam
200400Putnam +329%River Groves +251%20122014201620182020202220242026
Same realMLS record, indexed to 100 at 2012.
How much local inventory is already under contract

5% of homes for sale in ZIP 32131 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).

Schools

In short
  • Putnam County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Palatka Jr.-Sr. High School (Putnam County School District); verify by address · High
  • Palatka Jr.-Sr. High School (grades 7 to 12, combined campus); verify by address · Middle
  • James A. Long Elementary School (verify by address)FLDOE grade B · Elementary

Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year and can change; always confirm with Putnam County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any River Groves address.

If we were buying in River Groves today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 River Groves.

Best Buy
Buyers who want to evaluate a home on its own merits rather than lean on a shared amenity package.
Biggest Risk
Wide vintage spread — homes built anywhere from 1900 to 2024 means condition varies sharply from property to property.
Sweet Spot
A median build year of 1965 paired with 1,860 square feet of living space describes the community's typical home, not any single listing.
Avoid If
You're shopping specifically for a gated or amenity-rich community — none are identified in current MLS listings for River Groves.

A Wide Build-Year Spread

The numbers on River Groves describe layered development rather than a single build-out. Structures date to 1900 on the early end and 2024 on the newest, with the median falling at 1965 — meaning a meaningful share of the 201 homes predate mid-century construction norms while others are essentially new. Median living space sits at 1,860 square feet, a workable middle ground, but that figure means very different things depending on whether the specific home in question was built in 1965 or in 2024.

Current MLS listings show no community amenities identified for River Groves — no clubhouse, pool, or organized recreation tied to the neighborhood itself. That's a meaningful data point for anyone comparing this pocket to a planned or amenitized community elsewhere in Putnam County. What the numbers do show is stability on the ownership side: 67.4% of homes carry a homestead exemption, pointing to a base of owner-occupants rather than a market dominated by short-term holds.

The location and the amenities are priced into every listing in River Groves. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.5B · Buy Score
Long-Term Appreciation10.0/10
Owner Commitment6.8/10
Pricing Power5.9/10

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 (7.5). Basis: Long-Term Appreciation +251% since 2012; Owner Commitment 68% owner-occupied; Pricing Power 93.8% sale-to-list. Refreshed with each data update.

Why work with Momentum here

A community spanning building years from 1900 to 2024 with no listed amenities to lean on rewards an agent who reads a property's age and condition rather than sells off a brochure. Momentum's Northeast Florida team walks River Groves listings individually — vintage by vintage — so buyers know what they're purchasing and sellers know how to position a home built well before 1965 differently from one built decades later.

River Groves in 15 seconds.

Best forBuyers who want to evaluate a home on its own merits rather than lean on a shared amenity package.
Biggest advantageOwnership stability — 67.4% of River Groves homes carry a homestead exemption.
Biggest riskWide vintage spread — homes built anywhere from 1900 to 2024 means condition varies sharply from property to property.
Sweet spotA median build year of 1965 paired with 1,860 square feet of living space describes the community's typical home, not any single listing.
Avoid ifYou're shopping specifically for a gated or amenity-rich community — none are identified in current MLS listings for River Groves.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed River Groves sales matched to your home.

What is your River Groves home worth?

Get a no-obligation home value based on real comparable sales in River Groves, 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 River Groves?
The median sale price in River Groves was $245K over the 12 months ending September 14, 2026 (3 closed sales, realMLS).
How long do homes in River Groves take to sell?
Homes that closed in the 12 months ending September 14, 2026 took a median 83 days on market (3 sales, realMLS).
How many homes are in River Groves?
The Florida DOR 2025 assessment roll shows 199 homes plus 17 vacant residential lots in River Groves (public records).
What share of River Groves is owner-occupied?
68% of River Groves parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in River Groves built?
Homes in River Groves were built between 1900 and 2024, with a median year built of 1965 (FL DOR 2025 roll).
Have River Groves home prices gone up?
The trailing-12-month median is up 251% since 2012, from $70K to $245K (realMLS closed records).
What schools serve River Groves?
River Groves is served by Putnam County Public Schools, typically Palatka Jr.-Sr. High School (Putnam County School District); verify by address, Palatka Jr.-Sr. High School (grades 7 to 12, combined campus); verify by address and James A. Long Elementary School (verify by address). Confirm the exact zoning by address with the district.
Who is the best real estate agent for River Groves?
The best agent for River Groves is one who actively works East Palatka and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for River Groves.
How do I find a top East Palatka real estate agent who knows River Groves?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows River Groves and the wider East Palatka area.
Can Momentum Realty connect me with an agent for River Groves?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your River Groves purchase or sale - no call center and no pressure.
Buyers prioritizing land and structure over a clubhouse or organized amenities.Excellent fit
Buyers comfortable evaluating older housing stock (some homes date to 1900) alongside newer builds up to 2024.Excellent fit
Buyers who want a settled, owner-occupied base rather than a heavy rental or turnover market.Excellent fit
Buyers who want a guaranteed move-in-ready home without doing individual condition diligence.Probably not
Buyers specifically seeking gated, resort-style, or clubhouse amenities.Probably not
Buyers who need uniform, single-era construction rather than a mixed vintage streetscape.Probably not

Data sources & freshness

Community market statsrealMLS closed sales, 12-month windows ending September 14, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32131/32132))
Under-contract sharesrealMLS records, as of 2026-09-12
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2002 (83 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 realMLS 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 realMLS member average and 8 days faster, and we’ll price yours against live local comps.

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Nearby Communities

Explore more neighborhoods near River Groves with Momentum Realty’s local guides.

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Thinking of selling in River Groves? 3 recorded closings; median 83 days on market (window ending 2026-09-14). See the Putnam County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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