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Locust Market Trends

Today, November 28, 2009

Median Sales Price in Locust

Embed Info
1 yr 5 yr Max
Locust median sales prices
Number of sold homes in Locust
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms$128,000-40.5%$152,000$215,000$168,000
4 bedrooms-----
All properties$170,000-5.3%$152,000$179,500$177,250
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Locust Summary

The median sales price for homes in Locust NC for Aug 09 to Oct 09 was $170,000. This represents an increase of 11.8%, or $18,000, compared to the prior quarter and a decrease of 5.3% compared to the prior year. Sales prices have depreciated 4.1% over the last 5 years in Locust.

The average listing price for Locust homes for sale on Trulia was $317,817 for the week ending Nov 18, which represents an increase of 4.8%, or $14,564, compared to the prior week and an increase of 5.8%, or $17,530, compared to the week ending Oct 28. Average price per square foot for Locust NC was $85, an increase of 3.7% compared to the same period last year.

 

Average Listing Price in Locust

Embed Info
1 yr 5 yr Max
Locust average property price
Locust – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom-----
2 bedrooms$258,5380.0%$258,538$245,911$249,598
3 bedrooms$288,804+0.7%$286,776$287,450$279,870
4 bedrooms$329,408-0.3%$330,544$332,955$333,733
All properties$317,817+4.8%$303,253$304,746$300,287
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Average Price Per Sqft for Homes in Locust

Embed Info
1 yr 5 yr Max
Locust average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms$86-15.7%$85$102$103
4 bedrooms-----
All properties$85+3.7%$78$82$96
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Homes for Sale in Locust

24561 Millingport Road, Locust NC
24561 Mill…
$149,500
 
20211 Ridgebrook Lane, Locust NC
20211 Ridg…
$315,000
4 br  2 ½ ba
102 Tanglewood Drive, Locust NC
102 Tangle…
$139,500
3 br  2 ba
305 Simpson Road, Locust NC
305 Simpson…
$349,900
4 br  3 ba
8430 Meadowcreek Village Drive, Locust NC
8430 Meado…
$148,000
4 br  2 ½ ba
1205 Meadow Creek Church Road, Locust NC
1205 Meadow…
$375,000
2 br  2 ½ ba
View all Locust Homes for Sale
 
Stats & Trends
Locust

Real Estate Overview

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Nearby Cities

Cities
Median
sales price
Average
listing price
Stanfield
$110,000
$242,423
Oakboro
$124,000
$241,458
Midland
$137,222
$399,844
Mount Pleasant
$160,038
$289,193
Albemarle
$90,000
$184,443
Concord
$150,000
$251,343
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Advice

Recent Q&A in Locust, NC

Q: I heard that 10001 Coley Store Rd. was purchased by contractor for possible auction.Is this true? 1 answer
Q: Do you know of any house for sale on Old Salisbury Rd in New London, NC? 2 answers
Q: Neighbor has a few acres to sell. Who would be responsible for paying for survey? 3 answers
Q: Would love more info on this property: 108 Big Meadows Pl, Chapel Hill.? 6 answers
Q: homes for sale near yadkin river 4 answers

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Nearby Cities Real Estate

  • Stanfield Real Estate
  • Oakboro Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Stanfield Home Prices
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Locust Stats & Trends

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Our real estate market trends page gives you a valuable overview of the Locust real estate market. Find Locust properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Locust average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Locust housing statistics are available for each Locust, NC neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.