Locust Grove, GA housing market
The typical Locust Grove home is worth about $321,000, down 2% in a year, close to the Georgia typical home. Homes typically sell in 84 days, below asking.
Home values, sales, trends and how Locust Grove compares with the towns next door — updated as new data is published.
Locust Grove at a glance
A buyer's market
More homes are for sale than are selling — about 8 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Locust Grove | Georgia |
|---|---|---|
| 2017 | $173,000 | $172,000 |
| 2018 | $186,000 | $186,000 |
| 2019 | $202,000 | $202,000 |
| 2020 | $216,000 | $215,000 |
| 2021 | $240,000 | $240,000 |
| 2022 | $306,000 | $292,000 |
| 2023 | $341,000 | $323,000 |
| 2024 | $340,000 | $334,000 |
| 2025 | $336,000 | $339,000 |
| 2026 | $324,000 | $332,000 |
| August 2026 | $321,000 | $331,000 |
222 new homes permitted in 2025
Builders were permitted 222 new homes in Locust Grove in 2025, all single-family houses, worth about $136.9 million to build. That's 21 per 1,000 residents, faster than across Georgia (6). Over the past 10 years, Locust Grove has permitted 2,459 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Locust Grove gained 3,545 residents while 1,128 new homes were permitted: about 3.1 new residents per new home. Building and growth moved roughly in step. Across Georgia: 2.6 new residents per new home.
How Locust Grove ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 174 | 174 | 0 | $114.3 million |
| 2025 | 222 | 222 | 0 | $136.9 million |
| 2024 | 215 | 215 | 0 | $127 million |
| 2023 | 204 | 204 | 0 | $98.8 million |
| 2022 | 206 | 206 | 0 | $84.4 million |
| 2021 | 403 | 403 | 0 | $162.4 million |
| 2020 | 235 | 235 | 0 | $90.2 million |
| 2019 | 304 | 304 | 0 | $60.3 million |
| 2018 | 393 | 393 | 0 | $74.1 million |
| 2017 | 181 | 181 | 0 | $28.3 million |
| 2016 | 96 | 96 | 0 | $11.4 million |
| 2015 | 53 | 53 | 0 | $5.7 million |
| 2014 | 24 | 24 | 0 | $2.5 million |
| 2013 | 6 | 6 | 0 | $818,000 |
| 2012 | 1 | 1 | 0 | $92,000 |
| 2011 | 66 | 0 | 66 | $4.8 million |
| 2010 | 4 | 4 | 0 | $515,000 |
| 2009 | 4 | 4 | 0 | $617,000 |
| 2008 | 14 | 14 | 0 | $3.8 million |
| 2007 | 135 | 135 | 0 | $12.2 million |
| 2006 | 200 | 200 | 0 | $12.6 million |
| 2005 | 195 | 195 | 0 | $15 million |
| 2004 | 149 | 149 | 0 | $9.5 million |
How Locust Grove ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4.3 years of income
The typical Locust Grove home costs about 4.3 years of the town's median household income, about the same as across Georgia (4.3).
How Locust Grove ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,680
HUD's Fair Market Rent for a two-bedroom in Locust Grove is $1,680 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Locust Grove pay a median of $1,573. A two-bedroom takes about 27% of the town's median household income.
Studio $1,460 · 4 bedrooms $2,420
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (30234, 30248, 30253; Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Locust Grove
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.