Locust, NC

Buyer's market-17.2% YoY

Housing market overview · Updated weekly

$350,245median sale price

Homes sold

2

Last 12 weeks

Days on market

109

Average pace

Active listings

46

23.0 months supply

Sale-to-list

95.3%

Below asking

The Locust housing market is currently classified as a buyer's market with a median sale price of $350,245. Prices have fallen 17.2% compared to last year, with homes spending an average of 109 days on market, indicating 23.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Locust

There are currently 46 homes listed for sale in Locust, North Carolina. The median listing price is $400K.

Active listings

46

Homes on market

Median list price

$400K

Avg. days on market

109

Days until sale

New this week

20

Newly listed

Price drops:28.3%of listings
Sale-to-list:95.3%

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Frequently asked questions

What is the average home price in Locust?

The median home sale price in Locust is $350,245, down 17.2% from last year.

How long do homes stay on market in Locust?

Homes typically spend 109 days on market before going under contract.

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

With 23.0 months of supply, Locust is currently a buyer's market.

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