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Locust Grove, GA

Full City Profile · Georgia · Henry County County

2.9 /5.0
C+ Fair
9,931 Population 805/sq mi density
$72,563 Median Income $33,797 per capita
$261,500 Home Value $322,613 Zillow
$1,490 Median Rent 29.8% income on rent
62°F Avg Temperature 304 sunny days/yr
316 Violent Crime/100K 6,329 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$72,563 median income, 6.4% unemployment
A+
Affordability
4.7 / 5.0
$261,500 home value, $1,490/mo rent
F
Safety
1.0 / 5.0
316 violent crimes/100K
B
Education
3.0 / 5.0
25.5% bachelor's degree or higher

Housing Overview

Median Home Value
$261,500
7% below
US avg: $281,900
Median Rent
$1,490/mo
28% above
US avg: $1,163/mo
Homeownership Rate
82.3%
26% above US avg (65.4%)
Total Housing Units
3,233
Median year built: 2003

Home Value by Source

Census Median
$261,500
Zillow (ZHVI)
$322,613
Median Sale Price
$347,400
Median List Price
$371,850
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.3%
Owner-Occupied
17.7%
Renter-Occupied
82%
18%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$979/mo
1 Bedroom
$1,023/mo
2 Bedroom
$1,203/mo
3 Bedroom
$1,524/mo
4 Bedroom
$1,775/mo
Census median rent: $1,490/mo · Zillow rent: $2,102/mo

Market Indicators (Redfin)

Median Days on Market
82 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
34.2%
of listings with price reduction
Price Per Sq Ft
$146
Active Inventory
114
homes for sale

Affordability & Housing Stock

Rent Burden
29.8%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
82.3%

Complete Housing Data

Home Values

Census Median Value$261,500
Zillow Home Value (ZHVI)$322,613
Median Sale Price$347,400
Median List Price$371,850
Price Per Sq Ft$146

Rent

Census Median Rent$1,490
Zillow Rent (ZORI)$2,102
FMR Studio$979
FMR 1-Bedroom$1,023
FMR 2-Bedroom$1,203
FMR 3-Bedroom$1,524
FMR 4-Bedroom$1,775

Market

Days on Market82
Sale-to-List Ratio1.0%
Price Drops34.2%
Homes Sold20
Active Inventory114
Price Per Sq Ft$146

Ownership & Stock

Owner-Occupied82.3%
Renter-Occupied17.7%
Homeownership Rate82.3%
Total Housing Units3,233
Median Year Built2003
Rent Burden29.8%