Real Estate Market Update for Locust Grove, GA
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Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 11% from one year earlier, and down 9% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 190-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 30%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 160-thousand dollars. The number of units sold increased 25% year-over-year, and increased 10% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Locust Grove, GA
Area Information for Locust Grove, GA
  • Population: 5,748
  • Median Age: 32.95 yr
  • Median Commute Time: 30.82 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 539/sq mi
  • Population Change Since 2000: 93.8%
  • Closest Airport: Hartsfield - Jackson Atlanta International
  • Closest College: Devry University Henry County
  • Closest Jr. College: Southern Cresent Tech Clg-griffin Campus
  • Median Household Income: $65,717
  • Annual Residential Turnover: 19.94%
  • Median Years in Residence: 3.29 yr
  • Median Home Sales Price: $82,000
  • Closest Major Sports Team: Braves
  • Change Avg. Household Income Since 2000: 28%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Locust Grove, GA
Median Age: 32.95 Married: 33% Number of Households: 1,921 Households with Children: 1,004
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Locust Grove, GA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Locust Grove Elementary School 1.3 mi Public K-5 2 4
      Strong Rock Christian School 1.4 mi Private PRESCHOOL-12 0 0
      Unity Grove Elementary School 2.5 mi Public K-5 3-5 4
      Bethlehem Elementary School 2.7 mi Public K-5 3 5
      Locust Grove High School 3.0 mi Public 9-12 3 0
      Locust Grove Middle School 3.0 mi Public 6-8 3 0
      Heritage Baptist Christian School 3.4 mi Private K-9 0 5
      Luella Middle School 5.4 mi Public 6-8 3-5 3
      New Hope Elementary School 5.8 mi Public PRESCHOOL-5 4 3
      Luella High School 6.0 mi Public 9-12 2-5 3
      Luella Elementary School 6.0 mi Public K-K 3-5 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Locust Grove, GA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.