The LoCo Real Estate Market Report

Purcellville, VA

Single-Family Homes

www.LoCoMusings.com



Purcellville, VA

Sun Aug 31 2025
This week the median list price for Purcellville, VA is $1,150,000 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has decreased to 46. 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.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Purcellville, VA

Sun Aug 31 2025
This week the median list price for Purcellville, VA is $1,150,000 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has decreased to 46. 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.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Purcellville market.
Median List Price $1,150,000
Median Price of New Listings $445,000
Per Square Foot $308
Average Days on Market 133
Median Days on Market 84
Price Decreased 61%
Price Increased 0%
Relisted 7%
Inventory 46
Median Rent
Market Action 38
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$2,043,499 6,988 10 - 20 acres 6 6 27 0 0 112
$1,295,000 3,775 5 - 10 acres 4 3.5 21 0 3 91
$921,500 3,325 2.5 - 5 acres 4 3.3 30 0 0 77
$715,000 1,904 0.25 - 0.5 acre 3 2 69 1 1 56