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Advertise here →Locust, NC · Market Data
Locust, North Carolina real estate market data.
Real estate market data for Locust, NC (Stanly County) — Census median home value $285,800, county listing prices up about 0.6% over the past year.
Locust, NC is in Stanly County, North Carolina — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 5,529, with a median household income of $78,280. Census data puts Locust's median home value at $285,800 (all owner-occupied homes); Stanly County's current median listing price runs $361,950, up about 0.6% over the past year.
At a glance
Locust market snapshot
Population
5,529
Median Household Income
$78,280
Median Home Value (city)
$285,800
Median Listing Price (Stanly County)
$361,950
Median Gross Rent
$887/mo
Price Trend (YoY)
+0.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Locust different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Locust's median home value — across all owner-occupied homes, not just recent sales — at $285,800. Separately, Stanly County's current median listing price (via Realtor.com data, 2026-06-01) runs $361,950. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Stanly County's FHFA house price index shows a 0.99% annual change in 2025.
Population & Income
Locust has an estimated population of 5,529 and a median household income of $78,280, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Locust's Census-reported median home value works out to about 3.7x the area's median household income, and median gross rent runs roughly 14% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Locust FAQ
What are home values like in Locust, NC?
The Census Bureau's American Community Survey puts Locust's median home value at $285,800. Stanly County's current median listing price runs $361,950, up about 0.6% over the past year.
What is the population of Locust, NC?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Locust's population at approximately 5,529.
What's the median rent in Locust, NC?
The Census ACS estimates median gross rent in Locust at approximately $887 per month.
What is the median household income in Locust, NC?
Census ACS data puts the median household income in Locust at approximately $78,280.
Is the Locust housing market growing?
Stanly County's FHFA house price index shows a 0.99% annual change in 2025.
Is Locust, NC affordable relative to income?
Census ACS data puts Locust's median home value at about 3.7 times the median household income, with median gross rent equal to roughly 14% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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