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Land Foreclosures in Locust Grove, VA

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Locust Grove, VA Foreclosures

Current Market Conditions in in Locust Grove, VA As of February 2026?
In the past month, Locust Grove has witnessed a slight increase in home sales, suggesting positive movement in the market. Homes that are well-maintained and priced appropriately are receiving offers quickly, often above asking price due to competition. This trend reflects a broader interest in suburban living as families prioritize space and a connection to nature. The average time on the market is decreasing, indicating sellers are capitalizing on favorable conditions.
How much do homes sell for in Locust Grove, VA?
The average home price is currently $460,232.
What’s the average rental cost in Locust Grove, VA?
The average rental price in Locust Grove is $2,502.
What is the most expensive home in Locust Grove?
The most expensive home sold in Locust Grove had a price of $5,138,226.
What is currently the cheapest priced home in Locust Grove, VA?
The cheapest home for sale in Locust Grove is priced at $15,814.

Living in Locust Grove, VA

Locust Grove, VA, is a charming community known for its beautiful landscapes and a friendly atmosphere. With great access to outdoor activities, quality schools, and local amenities, it’s perfect for those seeking a peaceful lifestyle while being close to modern conveniences. The community is vibrant and engages in numerous local events, making it an inviting place to call home.

Buyer vs Seller Market in Locust Grove, VA

The real estate market in Locust Grove remains steady, with a consistent demand for homes. As more people seek suburban living while maintaining connectivity to urban amenities, this region has seen an uptick in home buying. Inventory levels are moderate, providing a balanced market for both buyers and sellers.

Buyers are increasingly attracted to the area due to its affordability compared to neighboring towns, making it a favorable investment opportunity. Recent development projects indicate a growing interest in further enhancing the community, thereby attracting new residents.

Home Value Estimator For Locust Grove, VA

There are currently 7,084 real estate properties in Locust Grove, VA, with a median automated valuation model (AVM) price of $419,902.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Locust Grove, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Locust Grove, VA, is $460,232.00, with the most expensive house in Locust Grove, VA, topping out at $5,138,226.00 and the cheapest home in Locust Grove, VA, clocking in at $15,814.00. In other words, there’s something for every potential homebuyer or savvy investor in Locust Grove, VA!

Rent Prices In Locust Grove, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Locust Grove, VA, is on a rollercoaster ride. The average rent price in Locust Grove, VA, is $2,502.00. Indeed, when looking to rent in Locust Grove, VA, you can expect to pay as little as $570.00 or as much as $5,140.00, with the average rent median estimated to be $2,570.00. The good news is that finding an affordable and desirable property to rent in Locust Grove, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Locust Grove, VA Land


Market Trend for Locust Grove, VA

Total Listings Available: 0

Market Values:

Home Prices from $15,814 to $5,138,226

Average Sales Price: $460,232

Rental Values:

Rental from $570 to $5,140

Average Rent Value: $2,502 / month

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