Commercial Real Estate Market in Locust Grove, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
16 active listings and 340 off-market properties in Locust Grove, GA.
Market Trends
Locust Grove, GA spans 70.7 square miles in Henry County, Georgia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Locust Grove, GA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Locust Grove, GA runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Locust Grove, GA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Locust Grove, GA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Locust Grove, GA has 29,502 residents in 11,435 households. Density runs 417 people per square mile. Median household income here is $85,458 and median gross rent $1,470 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| McDonough | $245 | $16.82 |
| Hampton | $341 | — |
| Griffin | $115 | $14.18 |
Commercial property in Locust Grove, GA asks $544/SF. The 3 bordering markets run from $115/SF in Griffin to $341/SF in Hampton, and the city sits above their $245/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Locust Grove?
How does Locust Grove compare to nearby markets on price?
Where does Realmo's Locust Grove market data come from?
Methodology & data sources
- Asking prices and medians
- There are 9 active for-sale and 7 active for-lease listings in Locust Grove, GA. The sale median is based on 5 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
