House Prices

House Prices & Home Values Locust Grove, AR 2026


Average Data

average house price$293,030
average size per house2040 ft²
average price per ft²144 $ / ft²

04/18/2026 - The value range (VR) for house prices in Locust Grove, AR is $158/ sqft to $158/ sqft. An average home with 2040 sqft costs approximately $322,320 to $322,320. Locust Grove, AR includes 1 ZIP codes and it is located in Independence county. The lowest prices are found in ZIP 72550, while the highest are in ZIP 72550. The average price per sqare feet is $144. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Locust Grove

72550144 $ / ft²




Historical development of home values in Locust Grove

Year Estimated value (USD) Change vs. 2025
2010 $136,088 -53.6%
2011 $130,826 -55.4%
2012 $130,474 -55.5%
2013 $135,350 -53.8%
2014 $142,081 -51.5%
2015 $149,373 -49.0%
2016 $157,168 -46.4%
2017 $165,651 -43.5%
2018 $174,809 -40.3%
2019 $182,915 -37.6%
2020 $192,371 -34.4%
2021 $218,801 -25.3%
2022 $255,073 -13.0%
2023 $268,986 -8.2%
2024 $284,547 -2.9%
2025 $293,030 0.0%

Graph: estimated home values in Locust Grove over time (USD)



Example: 100% financing house in Locust Grove

Loan amount: $293,030

Interest rate: 6.00%

Fixed monthly payment: $1,756.86

Breakdown in the 1st month:
Interest portion: $1,465.15  –  Principal portion: $291.71

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $17,483.91 $3,598.44 $289,431.56
2 $17,261.97 $3,820.39 $285,611.17
3 $17,026.33 $4,056.02 $281,555.15
4 $16,776.17 $4,306.19 $277,248.96
5 $16,510.57 $4,571.78 $272,677.18
6 $16,228.59 $4,853.76 $267,823.42
7 $15,929.23 $5,153.13 $262,670.29
8 $15,611.39 $5,470.96 $257,199.33
9 $15,273.95 $5,808.40 $251,390.93
10 $14,915.71 $6,166.65 $245,224.28
11 $14,535.36 $6,546.99 $238,677.28
12 $14,131.56 $6,950.80 $231,726.49
13 $13,702.85 $7,379.51 $224,346.98
14 $13,247.69 $7,834.66 $216,512.31
15 $12,764.47 $8,317.89 $208,194.43
16 $12,251.44 $8,830.92 $199,363.51
17 $11,706.77 $9,375.59 $189,987.93
18 $11,128.50 $9,953.85 $180,034.07
19 $10,514.57 $10,567.78 $169,466.29
20 $9,862.77 $11,219.58 $158,246.71
21 $9,170.77 $11,911.58 $146,335.13
22 $8,436.09 $12,646.26 $133,688.87
23 $7,656.10 $13,426.26 $120,262.61
24 $6,828.00 $14,254.36 $106,008.25
25 $5,948.82 $15,133.53 $90,874.72
26 $5,015.42 $16,066.94 $74,807.78
27 $4,024.44 $17,057.91 $57,749.87
28 $2,972.35 $18,110.01 $39,639.86
29 $1,855.36 $19,226.99 $20,412.87
30 $669.48 $20,412.87 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Locust Grove, AR


1500 sqft3900 sqft
Ø selling price$261,361$555,984
Ø fast selling$237,601$500,386
Ø high price sale$285,120$611,583

In 2026, houses in Locust Grove, AR will be offered at an average price of $144 per square foot. A 1,500 sqft home priced at $261,361 is 20.95% more expensive per square foot than a 3,900 sqft home priced at $555,984. Home prices in Locust Grove, AR vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $384,913. Sellers who can wait longer may achieve a higher price of up to $470,449.


Discover Locust Grove, AR

Overview

Locust Grove, AR is a small unincorporated community in Independence County known for rural charm and easy access to nearby amenities.
Set amid the Ozark foothills, it offers a quiet pace, scenic views, and a welcoming community spirit.

Location & Access

Situated at the junction of Arkansas Highways 14, 25, and 230, Locust Grove provides convenient connections to Batesville and other regional destinations.
The community is served by a local post office under ZIP code 72550.

Outdoors & Attractions

Outdoor enthusiasts appreciate proximity to the White River, area lakes, and wooded trails for fishing, paddling, and hiking.
Birding, scenic drives, and seasonal foliage make it a photogenic base for nature lovers across north-central Arkansas.

Real Estate & Living

Housing options often include spacious lots and modestly priced homes that suit buyers seeking a country setting.
Residents value low traffic, open spaces, and strong community ties throughout Independence County.

Plan Your Visit

Plan a day trip to nearby Batesville for shopping, dining, and historic sites, then return to the quiet comforts of Locust Grove.
With its blend of natural beauty and practical convenience, Locust Grove stands out as a hidden-gem destination in Arkansas.



FAQ – Home Values in Locust Grove

What is the median home value in Locust Grove in 2026?

In 2026, the typical home value in Locust Grove is about $293,030 for an average home size of 2040 square feet. This corresponds to an average price of roughly $144 per square foot.

What is the average cost per square foot in Locust Grove?

In 2026, homes in Locust Grove sell for an average of around $144 per square foot, with a typical range between $158 and $158 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Locust Grove is about 2040 square feet, with an estimated 2026 value around $293,030.



Locations close to Locust Grove, AR

Magness, AR151 $ / ft²
Mammoth Spring, AR85 $ / ft²
Marcella, AR116 $ / ft²
Ida, AR89 $ / ft²
Henderson, AR182 $ / ft²
Heber Springs, AR121 $ / ft²
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