The housing market in Locust Grove, OK (zip code 74352) is quite strong, with the median house value being $161,400. This is significantly lower than the US housing median of $338,100, but the 1 year house appreciation rate in the area is 13.34%, much higher than the 8.27% national average. This would suggest that investing in a property in Locust Grove could be a wise decision for prospective homeowners or investors.
The median home cost in Locust Grove (zip 74352) is $161,400. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Locust Grove (zip 74352) is up 14.5%.
Average Age of Homes
- The median age of Locust Grove (zip 74352) real estate is 36 years old
The Rental Market in Locust Grove (zip 74352)
- Renters make up 18.6% of the Locust Grove (zip 74352) population
- 0.9% of houses and apartments in Locust Grove (zip 74352), 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.