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Featured local agent — Locust Grove, GA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Locust Grove, GA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Locust Grove, GA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Locust Grove, GA Housing Market & Real Estate

Buyer's market+4.4% YoY

Housing market overview · Updated monthly ·

$294,000median sale price

How is the Locust Grove, GA housing market right now?

The median home sale price in Locust Grove, GA is $294,000, up 4.4% year-over-year. Homes sell in an average of 84 days with 99 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Locust Grove a buyer's or seller's market?

Buyer's market8.3 months of supply84 avg. days on market

Locust Grove, GA is currently a buyer's market, based on 8.3 months of supply and homes selling in about 84 days. How we determine this →

Homes sold

12

Last 12 weeks

Days on market

84

Average pace

Active listings

99

8.3 months supply

Sale-to-list

97.1%

Below asking

What does the Locust Grove housing market data show?

Current housing market statistics for Locust Grove, GA
MetricValue
Median sale price$294,000
Median list price$349,800
Year-over-year price change+4.4%
Average days on market84 days
Active inventory99 listings
Months of supply8.3 months
Sale-to-list price ratio97.1%
Median price per sq ft$144/sq ft
Homes sold (latest month)12
New listings (latest month)19
Listings with a price cut43.4%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Locust Grove by property type?

How the Locust Grove, GA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Locust Grove, GA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$294,000$144/sq ft1284 days
Townhouse$269,450$160/sq ft245 days

Source: Redfin · Updated monthly

The Locust Grove housing market is currently classified as a buyer's market with a median sale price of $294,000. Prices have risen 4.4% compared to last year, with homes spending an average of 84 days on market, indicating 8.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Locust Grove

There are currently 99 homes listed for sale in Locust Grove, Georgia. The median listing price is $350K.

Active listings

99

Homes on market

Median list price

$350K

Avg. days on market

84

Days until sale

New this week

19

Newly listed

Price drops:43.4%of listings
Sale-to-list:97.1%

Who lives in Locust Grove?

Population

9,931

Median income

$72,563/yr

Median age

35 years

Owner-occupied

82.3%

College grads

25.5%

Avg commute

34.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Locust Grove?

Zillow home value

$325,874

Zillow rent index

$2,154/mo

Price-to-rent ratio

12.6x

Price-to-income

4.5x

Source: Zillow Research

What is it like to live in Locust Grove?

Locust Grove is a community of approximately 10K residents with a median age of 35 years.The median household income is $72,563, which represents a working-class community with solid middle-income opportunities. 25.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 82.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Locust Grove offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Locust Grove?

9 schools tracked · 8,115 students

The largest public schools serving Locust Grove, GA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Locust Grove High

Grades 9-12 · 1,632 students

Public

Luella High School

Grades 9-12 · 1,353 students

Public

Locust Grove Middle

Grades 6-8 · 1,066 students

Public

Luella Middle School

Grades 6-8 · 851 students

Public

Unity Grove Elementary School

Grades PK-5 · 844 students

Public

Luella Elementary School

Grades PK-5 · 652 students

Public

New Hope Elementary

Grades PK-5 · 646 students

Public

Locust Grove Elementary School

Grades PK-5 · 599 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Locust Grove, GA?

Want a head-to-head view? Compare Locust Grove side-by-side with any other U.S. city using our market-comparison tool.

Is Locust Grove a good real estate investment market?

For investors evaluating Locust Grove, the price-to-rent ratio of 12.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 4.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Locust Grove's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Locust Grove's median home price.

Frequently asked questions

What is the average home price in Locust Grove?

The median home sale price in Locust Grove is $294,000, up 4.4% from last year.

How long do homes stay on market in Locust Grove?

Homes typically spend 84 days on market before going under contract.

What is the median income in Locust Grove?

The median household income is $72,563 per year.

Is Locust Grove a buyer's or seller's market?

With 8.3 months of supply, Locust Grove is currently a buyer's market.

What is the Zillow home value estimate for Locust Grove?

The Zillow Home Value Index (ZHVI) for Locust Grove is $325,874, representing the typical home value in the area.

How much does a single-family home cost in Locust Grove?

The median single-family home price in Locust Grove, GA is $294,000 (about $144 per square foot).

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