Leesburg, VA Foreclosures
How much do homes sell for in Leesburg, VA?
The average home price is currently $951,641.
In Leesburg, VA, how many homes are available?
There are currently 4 active home listings available in Leesburg.
What’s the average rental cost in Leesburg, VA?
The average rental price in Leesburg is $2,554.
What is the most expensive home in Leesburg?
The most expensive home sold in Leesburg had a price of $132,837,264.
What is currently the cheapest priced home in Leesburg, VA?
The cheapest home for sale in Leesburg is priced at $13,199.
Living in Leesburg, VA
Leesburg, Virginia, is a historic town with a vibrant community and modern conveniences. Residents enjoy lush parks, beautiful vineyards, and a rich cultural scene. With good schools and proximity to Washington, D.C., it is an attractive place for families and professionals alike.
Current Market Conditions in Leesburg, VA
The real estate market in Leesburg, VA, remains competitive, with a steady increase in home prices over the last few years. As more families and professionals seek suburban living while maintaining proximity to D.C., the demand for homes in this area has continued to rise, leading to a lower inventory of available properties.
Recent trends show that homes in Leesburg are often receiving multiple offers above the asking price, particularly in desirable neighborhoods. The market has not only seen growth in single-family homes but also an increase in townhome developments catering to different buyer demographics.
Investors and homebuyers should note that new constructions are on the rise, reflecting confident growth in the local economy. As the Loudoun County area continues to develop, it is likely that property values will increase further.
Home Value Estimator For Leesburg, VA
There are currently 26,978 real estate properties
in Leesburg, VA,
with a median automated valuation model (AVM) price
of $824,659.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Leesburg, VA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Leesburg, VA,
is $951,641.00, with the most expensive house
in Leesburg, VA, topping out
at $132,837,264.00 and the cheapest home
in Leesburg, VA,
clocking in at $13,199.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Leesburg, VA!
Rent Prices
In Leesburg, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Leesburg, VA, is on
a rollercoaster ride. The
average rent price in Leesburg, VA,
is $2,554.00. Indeed, when looking to rent in
Leesburg, VA, you can expect to pay as little
as $570.00 or as much
as $7,100.00,
with the average rent median estimated to
be $2,480.00. The good news is that finding
an affordable and desirable property to rent in Leesburg, VA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
