The story of this market
The typical home in ZIP 30248 sells for about $363,000, or $142 per square foot.
Homes take about 74 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,563 a month.
ZIP 30248 — Locust Grove
The 30248 housing market is currently balanced, with a median sale price of $363,000 and a stable sales pace. Inventory remains limited, and the market is driven by steady demand from families and commuters utilizing the I-75 corridor. Some specific metrics like price cut percentages were not available for this ZIP code.
This ZIP is well-suited for families and commuters seeking suburban housing with access to the Atlanta metro area via I-75.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 74 days on market with 8.5 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 98.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.1% · poverty 8.6% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 30248
Locust Grove is experiencing suburban expansion with significant residential development, supported by its proximity to the I-75 corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Georgia) — Homestead Exemption: Provides a reduction in the assessed value of the property; the state standard exemption is $2,000, which is subtracted from the assessed value before the millage rate is applied. State (Georgia) — Ad Valorem Property Tax Assessment: Taxable tangible property is assessed at 40 percent of its fair market value. The formula for tax due is: ((Fair Market Value * 0.40) - Exemptions) * Millage Rate.
Residents primarily commute via I-75 toward the Atlanta metropolitan employment core.
The area features local parks and proximity to Tanger Outlets Locust Grove for shopping and dining.
The rental market is characterized by single-family home demand with a median asking rent of approximately $2,382.
The local economy is driven by retail, logistics, and suburban services, benefiting from its location along the I-75 logistics corridor.
The area is served by I-75, providing the primary transit corridor for regional commuting.
Ongoing residential development continues to expand the housing stock in the Locust Grove area.
Henry County Tax Assessor manages property valuations for the jurisdiction.
Parcels are subject to Henry County school district taxes and local municipal utility assessments.
Data retrieved from Census Reporter and US Zip Codes.
- Dave & Buster's McDonough4.17.6 mi
- Spivey Splash Water Park4.317.3 mi
- Urban Air Trampoline and Adventure Park4.310.7 mi
- Sky Zone Trampoline Park4.29.9 mi
- High Falls Water Park4.213.5 mi
- EchoPark Speedway4.613.7 mi
- Southern Belle Farm4.77.4 mi
- Dave & Buster's McDonough4.17.6 mi
- Golden Corral Buffet & Grill4.216.9 mi
- Golden Corral Buffet & Grill4.310.2 mi
- Southern Belle Farm4.77.4 mi
- Dave & Buster's McDonough4.17.6 mi
- Indian Springs State Park4.712.2 mi
- Urban Air Trampoline and Adventure Park4.310.7 mi
- Regal McDonough410.3 mi
- Indian Springs State Park4.712.2 mi
- Road To Tara Museum4.619.2 mi
- Stately Oaks4.518.7 mi
- Gallery at Hood Street4.86.8 mi
- Abracadabra Tugz Experience Center4.919.6 mi
- Indian Springs State Park4.712.2 mi
- Dauset Trails Nature Center4.811.9 mi
- Heritage Park4.65.7 mi
- J. P. MOSELEY PARK4.712.5 mi
- Richard Craig Park4.36.1 mi
- Bear Creek Marina4.215.3 mi
- Crystal Lake Golf & Country Club4.511.7 mi
- Eagles Landing Country Club4.412.7 mi
- Georgia National Golf Club4.35.9 mi
- Sun City Peachtree Golf Club4.69.8 mi
- Hickory Hill Golf Course3.88.2 mi
- Tanger Outlets Locust Grove4.42.7 mi
- Southern Belle Farm4.77.4 mi
- Sprouts Farmers Market4.211.5 mi
- Publix Super Market at Paradise Pointe at Lake Dow4.55.5 mi
- Burlington3.97.2 mi
- Hartsfield-Jackson Atlanta International Airport4.127.5 mi
- Noodle4.229.2 mi
- The Club at ATL3.427.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Major regional outlet shopping destination.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).