Locust Grove, VA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Locust Grove short-term rental market based on reliable data.

Listings

25 / 52

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$50,459

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$427,287

Median Home Sale Price

Top Earners

$72,843

Top-Earners Revenue

Locust Grove

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Locust Grove.

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D

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.

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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.

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