
Affordable
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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 $421,503, lower than the Virginia average of $443,089.
The average cost of rent is $1,931/mo in Locustgrove, primarily driven by the current value of real estate in the Locustgrove area. In Locustgrove, 8.94% of households rent, and 15.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Locustgrove is $11,122 per month. Households that rent pay about 17.36% of their income on rent here. Locustgrove’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lake of the Woods, VA: equally priced homes
- Wilderness, VA: less expensive homes
- Indian Town, VA: equally priced homes
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- Lignum, VA: less expensive homes
- Burr Hill, VA: equally priced homes
- Parker, VA: less expensive homes
- Gold Dale, VA: less expensive homes
- Brockroad, VA: equally priced homes
- Rhoadesville, VA: less expensive homes
Cities with Similar Populations
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- Delphi, IN: less expensive homes
- Denair, CA: higher priced homes
- Davidsonville, MD: higher priced homes
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