Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Locust area can be challenging. Home prices in Locust are now at a median cost of $199,960, lower than the North Carolina average of $226,477.
The average cost of rent is $790/mo in Locust, primarily driven by the current value of real estate in the Locust area. While nearly 43.13% of residents own their homes outright in Locust, 15.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Locust is $4,664 per month. Households that rent pay about 16.94% of their income on rent here. Locust's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Red Cross, NC: less expensive homes
- Stanfield, NC: equally priced homes
- Georgeville, NC: less expensive homes
- Bloomington, NC: less expensive homes
- Oakboro, NC: equally priced homes
- Midland, NC: higher priced homes
- Frog Pond, NC: less expensive homes
- Mount Pleasant, NC: equally priced homes
- Finger, NC: less expensive homes
- Flows Store, NC: higher priced homes
Cities with Similar Populations
- Erwin, NC: less expensive homes
- Elm Grove, WI: higher priced homes
- Elmore, AL: less expensive homes
- Elon College, NC: less expensive homes
- Elsmere, DE: equally priced homes
- Emerson, NJ: higher priced homes
- Emmitsburg, MD: higher priced homes
- Epping, NH: higher priced homes
- Erath, LA: less expensive homes
- Elm City, NC: less expensive homes
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