Home prices
Locust's median home cost is $171,600. It is approximately $13,180 (7%) lower compared to its nearby areas.In comparison to the entire country it is approximately $45,900 (21%) lower, and is approximately $48,700 (22%) lower compared to the city of Charlotte.
Rents
The median rent in Locust is $885 per month. Compared to its surrounding areas this is approximately $77 (9%) higher.In comparison to the nation as a whole it is roughly $177 (16%) lower, and it is approximately $250 (22%) lower in comparison to the city of Charlotte.
Nearby places
Stanfield
Stanfield is Locust's neighbor to the south. Housing prices there are a bit more expensive. The median home cost in Stanfield is $202,700, which comes out to $31,100 (15%) higher than Locust. The rent there is a little less expensive. The median monthly rent in Stanfield is $838, which is $47 (5%) lower than Locust.
Red Cross
Red Cross is Locust's neighbor to the east. The real estate prices there are a bit less expensive. The median home in Red Cross is valued at $155,500, which comes out to $16,100 (10%) lower than Locust. Rents there are a lot less expensive. The median monthly rent in Red Cross is $631, which works out to $254 (40%) lower than Locust.
Midland
Midland is Locust's neighbor to the west. Its housing prices are a bit more expensive. The median home value in Midland is $210,500, which comes out to $38,900 (18%) higher than Locust. Its rents are fairly similar. In Midland the median rent is $857 a month, which is $28 (3%) lower than Locust.
Oakboro
Oakboro is about 5 miles southeast from Locust. Real estate prices there are a bit less expensive. The median home in Oakboro is valued at $161,300, which is $10,300 (6%) lower than Locust. Its rents are similar. The median rent in Oakboro is $846 a month, which is $39 (4%) lower than Locust.
Mount Pleasant
Mount Pleasant is roughly 7 miles north of Locust. Its housing prices are a little more expensive. Mount Pleasant's median home value is $193,900, which works out to $22,300 (11%) higher than Locust. The rent there is pretty similar. In Mount Pleasant the median rent is $868 a month, which comes out to $17 (1%) lower than Locust.
