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LOCUST GROVE, VA 22508

Real Estate Market Report  ·  Orange County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LOCUST GROVE, VA real estate market (22508) currently shows 137 active listings, with 53 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 38 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 34 days on market compared to 32 days last year.

The median listing price has fallen 7.3% year-over-year, from $495,000 to $458,675.

Whether you are buying or selling in LOCUST GROVE, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 15,384  ·  Density: 103.2/mi²  ·  Median household income: $109,107

Typical home value: $346,379  ·  Homeownership: 95.0%

Market Overview

Active Listings
137
⇧ 38.4% vs 99 last year
Pending
53
39% pending ratio
Median Price
$458,675
⇩ 7.3% vs $495,000 last year
Average Price
$516,073
⇩ 2.7% vs $530,655 last year
Days on Market
34
⇧ 6.3% vs 32 days last year

Price Per Square Foot

Median $/sqft
$211
⇩ 4.5% vs $221/sqft last year
Median Home Size
2,162 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 137 this year vs 99 last year
  • Days on market: 34 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $458,675 (-7.3% YoY)
  • Average: $516,073 (-2.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.2 miles — 651 listings ($415,014,998 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22508Locust Grove, VA 225080.0 mi117$56,138,589$442,200$479,817
22726Lignum, VA 227266.0 mi2$598,000$299,000$299,000
22553Spotsylvania, VA 225539.0 mi44$27,062,288$504,225$615,052
22741Stevensburg, VA 227419.8 mi1$465,000$465,000$465,000
22718Elkwood, VA 2271810.7 mi8$7,265,680$974,900$908,210
22407Fredericksburg, VA 2240711.6 mi194$123,584,402$562,475$637,033
22733Rapidan, VA 2273313.9 mi7$6,567,344$622,150$938,192
22701Culpeper, VA 2270114.0 mi118$74,189,668$512,450$628,726
22714Brandy Station, VA 2271415.1 mi2$7,735,000$3,867,500$3,867,500
22401Fredericksburg, VA 2240116.5 mi63$43,889,832$576,960$696,664
22534Partlow, VA 2253417.4 mi6$3,039,000$514,700$506,500
22728Midland, VA 2272818.9 mi9$21,406,275$807,450$2,378,475
22408Fredericksburg, VA 2240820.2 mi80$43,073,920$472,750$538,424

Frequently Asked Questions

How many homes are for sale in LOCUST GROVE, VA 22508?

As of March 2026, there are 137 active listings in LOCUST GROVE, VA (zip code 22508), compared to 99 the prior year.

What is the median home price in LOCUST GROVE, VA 22508?

The median listing price in LOCUST GROVE, VA 22508 is $458,675 as of March 2026, a 7.3% decrease from $495,000 the prior year.

How long do homes stay on the market in LOCUST GROVE, VA?

Homes in LOCUST GROVE, VA 22508 spend an average of 34 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in LOCUST GROVE, VA 22508?

Based on current inventory and days-on-market data as of March 2026, LOCUST GROVE, VA 22508 is currently a Buyer's Market. Inventory has increased compared to last year, with 38 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 34 days on market compared to 32 days last year.

How much can I save on real estate commission in LOCUST GROVE, VA?

With SELL123.com's maximum 3% commission, sellers in LOCUST GROVE, VA 22508 save an estimated $9,174 compared to a typical 5% commission on the median listing price of $458,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.