Locust Grove, OK Real Estate
According to census data in the year 2000 there were 550 housing units in Locust Grove.
This represents a 5.2% growth from 523 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 550 were located in what is classified as a rural area.
Homeownership rate in Locust Grove is about 62%.
Locust Grove's vacancy rate, including seasonal lodging, is about 8.2%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Locust Grove were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 12.50% |
| Two Bedrooms | 44% |
| Three Bedrooms | 34.50% |
| Four Bedrooms | 6% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $48,500 |
| Median Price asked for vacant units | $42,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $313 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 0.70% |
| Home Equity Loan | 4.10% |
| Simple Mortgage | 47% |
| Debt Free | 47.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
