The LoCo Real Estate Market Report

Leesburg, VA 20175

Single-Family Homes

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Leesburg, VA 20175

Mon Jun 17 2024
This week the median list price for Leesburg, VA 20175 is $1,704,950 with the market action index hovering around 52. This is an increase over last month's market action index of 50. Inventory has decreased to 22. Click here to stay informed with the Leesburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Leesburg, VA 20175

Mon Jun 17 2024
This week the median list price for Leesburg, VA 20175 is $1,704,950 with the market action index hovering around 52. This is an increase over last month's market action index of 50. Inventory has decreased to 22. Click here to stay informed with the Leesburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Leesburg market.
Median List Price $1,704,950
Median Price of New Listings $1,549,900
Per Square Foot $367
Average Days on Market 105
Median Days on Market 35
Price Decreased 32%
Price Increased 14%
Relisted 9%
Inventory 22
Median Rent
Market Action 52
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,500,000 5,131 10 - 20 acres 5 5.5 14 0 0 231
$2,145,000 8,238 1 - 2.5 acres 4 5.5 17 1 1 21
$1,577,500 5,040 1 - 2.5 acres 4 4.8 18 3 2 14
$996,392 3,289 4,500 - 6,500 sqft 5 4 40 1 0 28