Is Locust Grove, OK 74352 a buyer’s or seller’s market?
Locust Grove is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Locust Grove housing market right now
In the three months ending August 31, 2026, 0% of homes in Locust Grove, OK 74352 sold above their list price, the typical home went under contract in 86 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (43 days then) and the median sale price rose 22% to $234,898. Overall, Locust Grove is less competitive than a year ago, which gives buyers more room.
Within Mayes County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Langley 74350 (50% sold over asking) and Chouteau 74337 (25% sold over asking) are even more competitive.
Run the numbers for 74352
Nearby markets
Adair 74330Buyer’s market $190 /sq ftChouteau 74337Buyer’s market $153 /sq ftDisney 74340Balanced $277 /sq ftLangley 74350 $110 /sq ft Browse all markets →Towns like Locust Grove nearby
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Questions about Locust Grove real estate
Is Locust Grove a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Locust Grove, OK 74352 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Locust Grove?
The typical home went under contract in 86 days in the latest three months.
Do homes in Locust Grove sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.6% of the list price.
What are property taxes in Locust Grove?
About 0.65% of a home’s value a year in Mayes County, or roughly $2,600 on a $400,000 home.
What is the median home price in Locust Grove?
The median sale price was $234,898 in the three months ending August 31, 2026, about $160 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology