
Home Price Key
These days, finding an affordable place to live in the Locustgrove area can be challenging. Home prices in Locustgrove are now at a median cost of $348,059, higher than the Virginia average of $323,261.
The average cost of rent is $1,432/mo in Locustgrove, primarily driven by the current value of real estate in the Locustgrove area. While nearly 28.93% of residents own their homes outright in Locustgrove, 2.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Locustgrove is $10,918 per month. Households that rent pay about 13.11% of their income on rent here. Locustgrove's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
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