New - 3 days on Rocket
$2,375 Closing Credit¹
#2507968, Gina Alvis Watts, Listing Office: RE/MAX Results
Locust Grove Housing Market Report February 2025•Mayes County, Oklahoma
Housing Prices in Locust Grove, OK
How much do homes in Locust Grove, OK cost?
Housing Market Conditions
Is Locust Grove, OK a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Locust Grove is a Buyer's Market
Difference Since February 2024
Since last year, Locust Grove has remained a Buyer's Market.
Insight
Locust Grove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$196,800$125/SqFt
+$26,800
+15.8%
Based on all homes sold in the last 12 months
Insight
Homes in Locust Grove have sold for 15.8% more than they did a year ago.
Summary: The median home sold price in Locust Grove was $196,800 in February 2025, up 15.8% from last year, and the median price per square foot was $125.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $313.5K | $110K | -64.9% |
| 22 Bedrooms | $100.5K | $104.5K | +4.0% |
| 33 Bedrooms | $172.4K | $218.7K | +26.8% |
| 44 Bedrooms | $195K | $253.7K | +30.1% |
| 55+ Bedrooms | - | $300K | N/A |
Summary: Locust Grove housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -64.9%. The home price for 2 bedroom homes increased by +4.0%. The home price for 3 bedroom homes increased by +26.8%. The home price for 4 bedroom homes increased by +30.1%. The home price for 5 bedroom homes did not change.
Housing supply in Locust Grove, OK
How many homes are available in Locust Grove, OK?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthFeb 2025 | ||
| 162 months agoJan 2025 | +18.8 % Change MoMJan – Feb |
Summary: The Locust Grove real estate market had 19 homes for sale in Feb 2025, a 18.8 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthFeb 2025 | ||
| 02 months agoJan 2025 | +100.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 14 | 16 | +14.3% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Locust Grove housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +14.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Locust Grove, OK cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
Insight
If you're buying a home in Locust Grove, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Locust Grove in February 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for Locust Grove, OK
How long does it take to sell a home in Locust Grove, OK?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Locust Grove are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 1 homes were sold in Locust Grove; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 113 DaysThis YearFeb 2025 | ||
| 31 Days1 year agoFeb 2024 | +264.5 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Locust Grove had an average listing age of 113 days in Feb 2025, up by 264.5% compared to the previous year.
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Newest Listings in Locust Grove, OK
What homes are available in Locust Grove, OK?
New - 5 days on Rocket
#2507576, Drew Ary, Listing Office: Keller Williams Advantage
#2506960, Drew Ary, Listing Office: Keller Williams Advantage
#2506667, Kelvin M. Ellis, Listing Office: Chinowth & Cohen
$1,425 Closing Credit¹
#2506511, Suzy Stewart, Listing Office: Chinowth & Cohen
$9,369 Closing Credit¹
#2505314, Danelle Moore, Listing Office: United Country - OK Lifestyle
$3,384 Closing Credit¹
#2503838, Kelly Harris, Listing Office: Lakeland Real Estate NEOK
#2503466, Nicole James, Listing Office: Solid Rock, REALTORS
$4,263 Closing Credit¹
#2503372, Karla J Meislahn, Listing Office: Coldwell Banker Select
$2,374 Closing Credit¹
#2502548, Greg Keirsey, Listing Office: Keirsey Real Estate
#2502462, Jan Jones, Listing Office: Lakeland Real Estate NEOK
$10,000 Closing Credit¹
#2501862, Darren DeLozier, Listing Office: Keller Williams Premier
Nearby markets
Nearby markets aren't available for Locust Grove, OK
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MLS Disclaimers and Copyright
Based on information from MLS Technology Inc., and Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC for the period 03/01/2023 - 03/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater Tulsa Association of Realtors. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Greater Tulsa Association of REALTORS® MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.