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These days, finding an affordable place to live in the Locust Hill area can be challenging. Home prices in Locust Hill are now at a median cost of $287,558, lower than the Virginia average of $443,089.
The average cost of rent is $1,205/mo in Locust Hill, primarily driven by the current value of real estate in the Locust Hill area. In Locust Hill, 8.08% of households rent, and 54.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Locust Hill is $7,008 per month. Households that rent pay about 17.19% of their income on rent here. Locust Hill’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stormont, VA: equally priced homes
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- Hartfield, VA: higher priced homes
- Wake, VA: equally priced homes
- Saluda, VA: equally priced homes
- Urbanna, VA: higher priced homes
- Harcum, VA: higher priced homes
- Glenns, VA: higher priced homes
Cities with Similar Populations
- Stony Hill, MO: less expensive homes
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- Eagle Village, NY: higher priced homes
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- St. Rosa, MN: higher priced homes
- Stallo, MS: less expensive homes
- Star, TX: higher priced homes
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