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Locust, NC
Full City Profile · North Carolina · Cabarrus County County
3.2
/5.0
B
Good
5,529
Population
673/sq mi density
$78,280
Median Income
$31,392 per capita
$285,800
Home Value
$380,320 Zillow
$887
Median Rent
40.0% income on rent
60°F
Avg Temperature
310 sunny days/yr
114
Violent Crime/100K
2,848 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$78,280 median income, 2.1% unemployment
A+
Affordability
4.6 / 5.0
$285,800 home value, $887/mo rent
F
Safety
1.0 / 5.0
114 violent crimes/100K
C+
Education
2.5 / 5.0
18.9% bachelor's degree or higher
Housing Overview
Median Home Value
$285,800
1% above
US avg: $281,900
Median Rent
$887/mo
24% below
US avg: $1,163/mo
Homeownership Rate
88.1%
35% above US avg (65.4%)
Total Housing Units
2,102
Median year built: 1999
Home Value by Source
Census Median
$285,800
Zillow (ZHVI)
$380,320
Median Sale Price
$350,245
Median List Price
$400,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.1%
Owner-Occupied
11.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$887/mo
Market Indicators (Redfin)
Median Days on Market
109 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
28.3%
of listings with price reduction
Price Per Sq Ft
$203
Active Inventory
46
homes for sale
Affordability & Housing Stock
Rent Burden
40.0%
of renters spending 30%+ of income on housing
29% above US avg (31.0%)
Median Year Built
1999
Average age of housing stock: 27 years
Homeownership Rate
88.1%
Complete Housing Data
Home Values
| Census Median Value | $285,800 |
| Zillow Home Value (ZHVI) | $380,320 |
| Median Sale Price | $350,245 |
| Median List Price | $400,000 |
| Price Per Sq Ft | $203 |
Rent
| Census Median Rent | $887 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
| Days on Market | 109 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.3% |
| Homes Sold | 2 |
| Active Inventory | 46 |
| Price Per Sq Ft | $203 |
Ownership & Stock
| Owner-Occupied | 88.1% |
| Renter-Occupied | 11.9% |
| Homeownership Rate | 88.1% |
| Total Housing Units | 2,102 |
| Median Year Built | 1999 |
| Rent Burden | 40.0% |