How does the housing market look in Locust? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Locust North Carolina
Median Sale Price
$389,695
6.7%
New Listings
14
50.0%
Number of Homes Sold
11
21.4%
Median Days on Market
Market Overview
All Home Types
In the last 30 days, homes for sale in Locust, NC sold for a median price of $389,695, up 6.7% compared to the same period last year. The median price per square foot was $176.78, down 8.3% year-over-year. There were 11 homes sold, down from 14 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in Locust, NC was 59, down 14.5% compared to last year. In the last 30 days, 14 new homes were listed for sale, down 50% year-over-year. The months of supply was 2.55, up from 1.21 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in Locust, NC had a median sale-to-list-price ratio of 96.75%, down 6.4 pt compared to the same period last year. 18.18% of homes sold above list price, down 39 pt year-over-year. 36.36% of homes listed dropped in price, up 22.1 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get StartedHomes For Sale In Locust
Vickie Spurling Realty Inc • MLS 4009362 • Status: Coming Soon
Adams Homes Realty-NC, Inc. • MLS 4006089 • Status: Active
SDH Charlotte LLC • MLS 4005693 • Status: Active
Realty One Group Revolution • MLS 4003444 • Status: Active
Opendoor Brokerage LLC • MLS 3919669 • Status: Active
Adams Homes Realty-NC, Inc. • MLS 3916892 • Status: Active
Adams Homes Realty-NC, Inc. • MLS 3916860 • Status: Active
Adams Homes Realty-NC, Inc. • MLS 3911849 • Status: Active
EXP REALTY LLC • MLS 3857054 • Status: Active