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Locust Grove, VA 22508 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Locust Grove, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 4646PendingPending sales: 66
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): $450k$450kSoldMedian sold price (last 6 months): $400k$400k
What homes actually sell for in Locust Grove, VA
Distribution of 257 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $366k to $490k
$250k to $341k: 38 sales$250k$341k to $431k: 109 sales109sales$431k to $522k: 52 sales$431k$522k to $612k: 18 sales$612k to $703k: 9 sales$612k$703k to $794k: 3 sales$794k to $884k: 3 sales$794k$884k to $975k: 1 salesMedian $400k

What the numbers say

As of September 14, 2026, Resideline is tracking 46 active listings and 6 pending sales in ZIP code 22508. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $449,950, while the median of the 257 closed sales Resideline tracked over the last six months was $400,000. 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 70 days.

Frequently asked questions

What is the median home price in 22508?

The median closed sale price in Locust Grove, VA 22508 was $400,000 over the last six months, based on 257 closed sales tracked by Resideline. The middle half of those sales ranged from $365,999 to $489,900.

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

Resideline is currently tracking 6 pending sales against 46 active listings in 22508, a pending-to-active ratio of 0.13. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 22508 currently looks like a balanced market.

Nearby ZIP code market data

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