The median home value in Locust Grove, VA is $449,500. The national median home value is $338,100. The average price of homes sold in Locust Grove, VA is $449,500. Locust Grove real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Locust Grove real estate agent to arrange a tour today!