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Locust Grove, VA 22508 Real Estate & Property Data

Locust Grove, VA 22508 Real Estate Market Trends

Last Updated: April 26, 2024

A total of 276 residential properties have been sold over the past 12 months in 22508. With a median sales price of $369,000 in 22508 and a total of 1 foreclosures in Locust Grove, VA 22508. Discover market trends and get the granular level real estate data for Locust Grove, VA 22508 to keep your pulse on the housing market. Curate compelling home reports for Locust Grove, VA 22508 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Locust Grove, VA 22508 Real Estate Market Trends

Get property data for any address in Locust Grove, VA 22508 or the country:

Total Residential Properties 6,757

Total Commercial Properties 104

Avg. Home Age (Single Family Home) 29 Years

Avg. Square Feet (Single Family Home) 2,630

Total 2024 Residential Sales (year-to-date) 41

% of Homes Seriously Underwater (Q2 2024) 0.79%

Total 2023 Residential Sales 249

% of Equity Rich Homes (Q2 2024) 37.33%

Effective 2023 Property Tax 0.46%

Total Foreclosure Filings (year-to-date) 4

Locust Grove, VA 22508 Real Estate Overview

There were 276 residential properties sold in the past year in Locust Grove, VA 22508. The median home value in Locust Grove, VA 22508 is $407,013. There are a total of 6,757 residential properties in the 22508.

Median Sales Price i

$369,000

(Feb 2024)

-11.1%

year-over-year

y-o-y

February '24 Feb '24 $369,000
January '24 Jan '24 $372,500
December '23 Dec '23 $400,000
November '23 Nov '23 $409,750
October '23 Oct '23 $365,000
September '23 Sep '23 $447,500
August '23 Aug '23 $409,000
July '23 Jul '23 $361,970
June '23 Jun '23 $436,200
May '23 May '23 $420,000
April '23 Apr '23 $366,750
March '23 Mar '23 $400,000

Median Down Payment i

$53,350

(Feb 2024)

+605.1%

year-over-year

y-o-y

February '24 Feb '24 $53,350
January '24 Jan '24 $10,646
December '23 Dec '23 $19,300
November '23 Nov '23 $46,012
October '23 Oct '23 $11,250
September '23 Sep '23 $143,750
August '23 Aug '23 $17,948
July '23 Jul '23 $33,750
June '23 Jun '23 $23,511
May '23 May '23 $17,458
April '23 Apr '23 $32,337
March '23 Mar '23 $21,250

Number of Homes Sold i

17

(Feb 2024)

+70%

year-over-year

y-o-y

February '24 Feb '24 17
January '24 Jan '24 24
December '23 Dec '23 14
November '23 Nov '23 12
October '23 Oct '23 17
September '23 Sep '23 33
August '23 Aug '23 22
July '23 Jul '23 37
June '23 Jun '23 29
May '23 May '23 23
April '23 Apr '23 21
March '23 Mar '23 17

Number of Purchase Loans i

17

(Feb 2024)

+41.7%

year-over-year

y-o-y

February '24 Feb '24 17
January '24 Jan '24 21
December '23 Dec '23 18
November '23 Nov '23 14
October '23 Oct '23 15
September '23 Sep '23 20
August '23 Aug '23 18
July '23 Jul '23 30
June '23 Jun '23 25
May '23 May '23 22
April '23 Apr '23 16
March '23 Mar '23 30

Number of REFI Loans i

13

(Feb 2024)

+85.7%

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 14
December '23 Dec '23 12
November '23 Nov '23 12
October '23 Oct '23 28
September '23 Sep '23 24
August '23 Aug '23 28
July '23 Jul '23 4
June '23 Jun '23 4
May '23 May '23 9
April '23 Apr '23 18
March '23 Mar '23 18

Number of HELOC Loans i

6

(Feb 2024)

-14.3%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 3
December '23 Dec '23 3
November '23 Nov '23 5
October '23 Oct '23 7
September '23 Sep '23 3
August '23 Aug '23 5
July '23 Jul '23 43
June '23 Jun '23 51
May '23 May '23 33
April '23 Apr '23 8
March '23 Mar '23 9

Locust Grove, VA 22508 Real Estate Market Overview

Last 30 days

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Locust Grove, VA 22508 Foreclosure Activity

There were a total of 1 Locust Grove, VA 22508 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 3
December '23 Dec '23 2
November '23 Nov '23 3
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 3
July '23 Jul '23 1
June '23 Jun '23 3
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 3

Foreclosure Starts i

1

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 3
December '23 Dec '23 2
November '23 Nov '23 3
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 3
July '23 Jul '23 1
June '23 Jun '23 3
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 3

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 N/A

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