Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | 1 | 1 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 4 |
Acreage buckets
The median price for land in Locust Grove, Arkansas is currently $5K per acre. For a typical parcel, the median sale price is $108K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $35K while premium lots reached $174K.
Locust Grove, Arkansas is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Locust Grove, Arkansas currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The median land price in Locust Grove, Arkansas stands at $108K. This translates to roughly $5K per acre for the typical parcel size. The average price is $105K, showing a fairly consistent market.
Over the past 12 months, Locust Grove, Arkansas saw 4 properties sold, totaling $421K in sales volume. In just the last 3 months, 1 properties changed hands.
The 3-month absorption rate in Locust Grove, Arkansas is 6.7%. The 12-month rate is 6.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Locust Grove, Arkansas averages $5K per acre. The median price per acre is $5K, which may be more representative of typical transactions. Most parcels sold are around 23.8 acres.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
