Is Locust Grove, VA 22508 a buyer’s or seller’s market?
Locust Grove is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Competition score46/ 100
More competitive than 46% of U.S. ZIP codes, and #264 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply4.1Under 4 months = seller’s market
Sold above original list26.1%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market56Listing to accepted offer
Median price per sq ft$207▼ −4.1% vs. last year
Run the numbers for 22508
Nearby markets
Burr Hill 22433 $156 /sq ftMontpelier Station 22957 — /sq ftOrange 22960Balanced $202 /sq ftRhoadesville 22542Seller’s market $264 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology