Locust, North Carolina.
Typical home $382,194 (+0.1% in a year). Albemarle, NC metro.
to buy the typical home at today's mortgage rate — +$1,137 (+131%) since Jan 2020.
- 1 year
- Up $219 +0%
- $381,975$382,194 since Sep 2025
- 5 years
- Up $70,523 +23%
- $311,671$382,194 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Locust$2,006
- North Carolina$1,743
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in Locust, NC rose 0.1% over the past year — slower than the nation's +1.2%.
Living in Locust, Stanly County, North Carolina
Locust is a city of 4,537 people in Stanly County. Half its households earn more than $76,504 a year and half less, against $60,704 across Stanly County; 9% of its people live below the poverty line. 87% of its homes are lived in by their owners and 13% are rented. Unemployment in Stanly County was 3.1% in August 2026, and the county had 3.0% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Locust is a small city in Stanly County, North Carolina, where nearly everyone owns the home they live in. Household incomes run well above the county's, and a smaller share of people live below the poverty line than you might expect. Winters are cool and summers are hot, with only a little snow in most years and a fair amount of rain through the year.
Work. Many residents work in schools, hospitals and social care, in professional and business services, in the building trades, or in banks, insurance and property. Some of the largest workplaces in Locust are Walmart, the UFP Site Built truss plant, and Builders FirstSource. The typical commute is long, and a good number of people work from home.
Things to do. Clear Creek, a river, is a short drive away. Farther afield, a longer drive brings you to Uwharrie National Forest and Morrow Mountain, both protected areas with room to walk and spend time outdoors, and to High Rock Lake, a reservoir. Charlotte Motor Speedway, a race track, is also a longer drive away.
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- 2,193households
- 22%of adults have a degree
- 9%below the poverty line
- 33 mintypical commute
- 14%work from home
What residents work in
Employed residents by industry, from the Census survey. Stanly County had 23,791 jobs in 2025, 3.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 53° and lows near 29°; warmest in July, with highs near 92° and lows near 69°. About 3 inches of snow and 48 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Concord weather station, 13 miles away (NOAA).
Largest workplaces in Locust
- WalmartWarehouse clubs and supercenters273
- UFP Site Built, LLC, Plant 417 LocustTrusses, wood roof or floor, manufacturing51
- Builders FirstSourceOther building material dealers33
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 357 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsRelatively high
- Strong windRelatively moderate
- HurricanesRelatively moderate
- Inland floodingRelatively moderate
- TornadoesRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Locust’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Stanly County and the Albemarle, NC metro.
Locust home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Locust$382,194
- North Carolina$332,159
- United States$366,157
Sellers are cutting prices on about 1 in 3 Locust listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Locust34.34%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Locust48
New listings per month
Sellers arriving at the market.
- Locust9
Zip codes with a Locust address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Locust — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.