Locust Grove, OK housing market
The typical Locust Grove home is worth about $188,000, up 1.7% in a year, 16% below the Oklahoma typical home.
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
Typical home value, 2016–2026
Show as a table
| January | Locust Grove | Oklahoma |
|---|---|---|
| 2017 | $101,000 | $130,000 |
| 2018 | $108,000 | $134,000 |
| 2019 | $118,000 | $139,000 |
| 2020 | $127,000 | $148,000 |
| 2021 | $139,000 | $163,000 |
| 2022 | $173,000 | $185,000 |
| 2023 | $179,000 | $203,000 |
| 2024 | $177,000 | $210,000 |
| 2025 | $186,000 | $217,000 |
| 2026 | $185,000 | $221,000 |
| August 2026 | $188,000 | $223,000 |
3.8 years of income
The typical Locust Grove home costs about 3.8 years of the town's median household income, more than across Oklahoma (3.4 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $940
HUD's Fair Market Rent for a two-bedroom in Locust Grove is $940 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Locust Grove pay a median of $650, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.
Studio $730 · 4 bedrooms $1,410
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (74352; Tulsa, OK 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.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.