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Locust Grove, VA 22508 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Locust Grove, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 4343PendingPending sales: 33
Locust Grove, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $465k$465kSoldMedian sold price (last 6 months): $405k$405k
What homes actually sell for in Locust Grove, VA
Distribution of 211 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $361k to $488k
$270k to $342k: 27 sales$270k$342k to $415k: 77 sales77sales$415k to $487k: 44 sales$415k$487k to $560k: 25 sales$560k to $632k: 9 sales$560k$632k to $705k: 5 sales$705k to $777k: 1 sales$705k$777k to $850k: 2 salesMedian $405k

What the numbers say

As of October 26, 2026, Resideline is tracking 43 active listings and 3 pending sales in ZIP code 22508. That pending-to-active ratio of 0.07 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $464,900, while the median of the 211 closed sales Resideline tracked over the last six months was $405,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 22508 for 94 days.

Frequently asked questions

What is the median home price in 22508?

The median closed sale price in Locust Grove, VA 22508 was $405,000 over the last six months, based on 211 closed sales tracked by Resideline. The middle half of those sales ranged from $361,000 to $487,500.

Is 22508 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 43 active listings in 22508, a pending-to-active ratio of 0.07. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 22508 is currently a typical-pace market.

Nearby ZIP code market data

Full Locust Grove, VA housing market report →

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