Housing in Locust, NC

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$340,000

Median List Price

$369,990

Price Per Sq Ft

$179

Days on Market

97

Active Inventory

45

Months of Supply

5.0

Balanced market

Zillow Home Value

$379,189

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 18.6%List Price 10.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

98.6%

Buyer's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
26.7%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

10

Pending Sales

5

Homes Sold 60.9%New Listings 44.4%Pending 58.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$179

Median List $/SF

$189

Sale $/SF 0.6%List $/SF 1.6%Mar 24Jan 26

Locust vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Locust is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$285,800

Median Rent

$887

Total Housing Units

2,099

Vacancy Rate

10.1%

Owner Occupied

88.1%

Renter Occupied

11.9%

Median Property Tax

$1,963

per year

Monthly Cost (w/ Mortgage)

$1,027

Housing Types

Single Family
84.6%
Multi-Family
5.2%
Mobile Home
10.2%

The current median sale price in Locust, NC is $340,000 according to Redfin data. Homes spend a median of 97 days on the market. 33.3% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $179. The median rent is $887 per month (Census ACS). About 88.1% of housing units are owner-occupied. The median year homes were built is 2001. There are 2,099 total housing units.