The Locust Grove housing market is very competitive. The median sale price of a home in Locust Grove was $639K last month, up 82.6% since last year. The median sale price per square foot in Locust Grove is $324, down 4.8% since last year.
What is the housing market like in Locust Grove today?
In March 2024, Locust Grove home prices were up 82.6% compared to last year, selling for a median price of $639K. On average, homes in Locust Grove sell after 14 days on the market compared to 31 days last year. There were 11 homes sold in March this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$639,000
+82.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Locust Grove, VA
$639,000
+82.6%
United States
To compare other locations to the Locust Grove and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Charlottesville add value to a home.
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How hot is the Locust Grove housing market?
Locust Grove is very competitive. Homes sell in 10 days.
0
100
87
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 10 days.
Hot homes
can sell for about 3% above list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Locust Grove housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Locust Grove.
Risk Factor
Flood Factor - Major
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Locust Grove has a major risk of flooding. 63 properties in Locust Grove are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Locust Grove. Flood risk is increasing slower than the national average.
79% of properties are at risk of wildfire over the next 30 years
Fire Factor
Locust Grove has a moderate risk of wildfire. There are 843 properties in Locust Grove that have some risk of being affected by wildfire over the next 30 years. This represents 79% of all properties in Locust Grove.
99% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Locust Grove has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Locust Grove is most at risk from hurricanes. 1,057 properties in Locust Grove have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 51 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 60 mph.