Locust Grove, GA—30234
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Locust Grove, GA
Home Price Trends — Locust Grove, GA
As of Oct '25, the median home price in Locust Grove, GA is $259,000, with a year-over-year change of -2.6%. This indicates that home prices in Locust Grove, GA are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $259,000 | -2.6% |
| Single Family | $259,000 | -2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $272,000 | -2.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Locust Grove, GA
As of July '25, Rentcast reports the average rent in Locust Grove, GA is $2,390, with a year-over-year rent change of 8.6%. Per bedroom, the median rent as of July '25 in Locust Grove, GA is 4-bedrooms: $2,390. The most common rental property sizes in Locust Grove, GA are 2-bedroom and 3-bedroom, accounting for 92.3% and 7.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,390 | $2,390 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,390 | $2,390 |
% of Rental Stock
Property Listings — Locust Grove, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Locust Grove, GA is 63. This is a decrease of -52.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $315,000 | -40.0% |
Listing Count | 12 | 93.0% |
| Listings as % of Homes | 0.2% | 93.0% |
Days on Market | 63 | -52.0% |
Demographics — Locust Grove, GA
As of the latest ACS Survey released in 2023, Locust Grove, GA has a population of 1,920, which has decreased by -6.8% over the past 5 years. Locust Grove, GA is a moderately popular place for families, as children make up 17.3% of the population. The area has a poorly educated workforce, with 14.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,920 | -6.8% |
% Under 18 | 17.3% | -46.4% |
% Seniors | 22.9% | 116.0% |
% WFH | 1.6% | -84.0% |
% w/ College Degree | 14.7% | 50.0% |
As of the latest ACS Survey released in 2023, Locust Grove, GA is a predominantly black area, with 64.4% of the population identifying as black. The black population has grown by 70.4% in the last 5 years. The second most common race or ethnicity in Locust Grove, GA is white, making up 32.2% of the population. Foreign-born residents account for 0.2% of the population in Locust Grove, GA, and this percentage has decreased by 80.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 32.2% | -46.3% |
% Black | 64.4% | 70.4% |
% Hispanic | 0.8% | -42.9% |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.2% | -80.0% |
Mortgage and Risk — Locust Grove, GA
Locust Grove, GA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Locust Grove, GA
Locust Grove, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,250 |
| 2 Bedroom | N/A | N/A | $1,490 |
| 3 Bedroom | N/A | N/A | $1,990 |
| 4 Bedroom | -$20 | $2,390 | $2,370 |
Affordability — Locust Grove, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $259,000 |
| Median Household Income | $46,400 |