The LoCo Real Estate Market Report

Purcellville, VA

Single-Family Homes

www.LoCoMusings.com



Purcellville, VA

Thu May 21 2026
This week the median list price for Purcellville, VA is $1,312,500 with the market action index hovering around 48. This is an increase over last month's market action index of 43. Inventory has increased to 28. Click here to stay informed with the Purcellville market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Purcellville, VA

Thu May 21 2026
This week the median list price for Purcellville, VA is $1,312,500 with the market action index hovering around 48. This is an increase over last month's market action index of 43. Inventory has increased to 28. Click here to stay informed with the Purcellville market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Purcellville market.
Median List Price $1,312,500
Median Price of New Listings $1,365,000
Per Square Foot $310
Average Days on Market 51
Median Days on Market 18
Price Decreased 21%
Price Increased 0%
Relisted 4%
Inventory 28
Median Rent
Market Action 48
Strong Seller's Market

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
$1,925,000 8,009 10 - 20 acres 5 5.5 12 0 1 84
$1,499,900 5,356 1 - 2.5 acres 4 4.5 21 4 0 0
$1,050,000 3,992 1 - 2.5 acres 4 4 11 2 0 14
$784,900 2,386 0.25 - 0.5 acre 3 2 53 0 3 28