Market Overview
Home Prices in Locust Grove, VA
The median home value in Locust Grove, VA is $436,913 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Locust Grove are priced7% above average. Locust Grove is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area.
Over the past five years, Locust Grove home values have risen by approximately22.0%, reflecting strong long-term appreciation in this market.
Price History
Locust Grove Home Price Trend
City Comparison
Locust Grove vs. National Median
At $436,913, homes in Locust Grove cost 7% above the national median of $410,000. Buyers in Locust Grove should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Locust Grove?
20% Down Payment
$87,383
on $436,913
Monthly P&I
$2,279/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,894/mo
incl. taxes & insurance
Income Needed
$115,760
gross annual (30% rule)
10% Down Option
$43,691
+ PMI applies
Loan Amount (20% dn)
$349,530
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Locust Grove, VA?
The median home value in Locust Grove is $436,913 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Locust Grove?
Over the past year, home values in Locust Grove have increased by 0.7%. Over five years, prices have risen approximately 22.0%.
How much do I need to earn to buy a home in Locust Grove?
To comfortably afford the median home price of $436,913 with a 20% down payment ($87,383) at today's rates (6.8%), you'd need a gross annual income of approximately $115,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Locust Grove compare to the national average home price?
The national median home value is approximately $410,000. At $436,913, homes in Locust Grove are 7% above the national average.
What metro area is Locust Grove part of?
Locust Grove is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.