Market Summary

Locust Grove, Charlottesville City, VA

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Median Home Price Price

$439,354 $439.4K

Median Monthly Rent Rent

$2,008 $2K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Charlottesville City County

Region Price Rent GRM Display
$493,970 $1,950 21.0x
$385,881 $1,944 17.0x
$403,588 $1,980 17.0x
$411,667 $2,108 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Charlottesville City County

Home prices

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Monthly rent

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GRM

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Similar markets outside of VA

Region Price Rent GRM Display
$509,700 $1,891 22.0x
$783,414 $2,034 32.0x
$265,206 $2,094 11.0x
$280,209 $2,059 11.0x
$520,600 $1,882 23.0x
$247,540 $1,507 14.0x
$471,445 $1,742 23.0x
$249,523 $1,867 11.0x
$166,652 $1,742 8.0x
$273,930 $1,441 16.0x
$546,061 $2,017 22.0x
$627,931 $2,007 26.0x
$207,978 $1,445 12.0x
$585,197 $1,892 26.0x
$253,317 $1,312 16.0x
$71,915 $1,090 5.0x
$678,358 $1,993 28.0x
$227,150 $1,330 14.0x

Home prices

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Monthly rent

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GRM

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Locust Grove

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Trend Insights

Median Rent in Locust Grove, VA is $2,008, with MoM change +$18 and YoY change +$91 pointing to positive momentum while volatility is low (std $19).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Locust Grove, VA.

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Metric
Base market Locust Grove, VA
Compare market Select a market
Delta vs base
Median rent
$2,008
N/A
Median price
$439,354
N/A
YoY change
+$91
N/A
Price-to-rent
18.2x
Data unavailable
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