Housing in Locust Grove, GA is highly desirable. The median value of a house in Locust Grove is $322,100 which is significantly lower than the US median value of $338,100. Despite the lower median value, the appreciation rate of housing in Locust Grove is much higher than the US average at 19.85%, while the US average is 8.27%. This serves as a testament to the desirability of homes in this area and emphasizes that now may be a good time to purchase or invest in property in Locust Grove.
The median home cost in Locust Grove is $322,100. Home appreciation the last 10 years has been 148.3%. Home Appreciation in Locust Grove is up 26.5%.
Average Age of Homes
- The median age of Locust Grove real estate is 17 years old
The Rental Market in Locust Grove
- Renters make up 25.1% of the Locust Grove population
- 4.0% of houses and apartments in Locust Grove, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.