Locust Grove, VA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Locust Grove short-term rental market based on reliable data.
Listings
21 / 52
Reliable / Active
Cap Rate
11%
Middle-Earners Gross Yield
Revenue
$47,752
Middle-Earners Revenue
Occupancy
54%
Middle-Earners Occupancy
Home Value
$424,270
Median Home Sale Price
Top Earners
$69,887
Top-Earners Revenue
Locust Grove
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Locust Grove.
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Unfriendly to Investors
Locust Grove Regulations
STRs currently permitted but banned by Sep 1, 2025; heavy anti-STR covenants with penalties; only narrow Board-created exceptions remain; high investor risk.
Local STR Agent
STR specialist · Locust Grove, VA
About Locust Grove
Locust Grove is an unincorporated community in eastern Orange County, Virginia, United States. Its ZIP code is 22508, the population of the ZIP Code Tabulation Area was 7,605 at the time of the 2000 census and increased by 60% to 12,696 by the 2010 census, making it the largest population center within the county. While Locust Grove has historically been centered on the intersection of State Routes 20 and 611, most of the current population and commercial activity is located along the State Route 3 corridor, several miles to the east. It is named after the Black Locust trees common to the area.