Purcellville, VA—20132
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Purcellville, VA
As of Oct '25, the median home price in Purcellville, VA is $869,000, with a year-over-year change of 3.4%. This indicates that home prices in Purcellville, VA are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $869,000 | 3.4% |
| Single Family | $871,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $556,000 | 3.3% |
3 Bed | $665,000 | 2.6% |
4 Bed | $931,000 | 3.1% |
| 5 Bed | $1,134,000 | 3.9% |
% of Housing Stock
Rental Trends — Purcellville, VA
As of July '25, Rentcast reports the average rent in Purcellville, VA is $3,170, with a year-over-year rent change of 6.7%. Per bedroom, the median rent as of July '25 in Purcellville, VA is studios: $1,250, 2-bedrooms: $3,620, 3-bedrooms: $3,100, 4-bedrooms: $3,620. The most common rental property sizes in Purcellville, VA are 2-bedroom and 3-bedroom, accounting for 38.3% and 38.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,400 | $3,170 |
| Studio Rent | $1,250 | $1,250 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $3,500 | $3,620 |
| 3 Bed Rent | $3,300 | $3,100 |
| 4 Bed Rent | $3,400 | $3,620 |
% of Rental Stock
Property Listings — Purcellville, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Purcellville, VA is 35. This is a increase of 31.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,060,000 | 1.0% |
Listing Count | 73 | 22.0% |
| Listings as % of Homes | 0.6% | 22.0% |
Days on Market | 35 | 31.0% |
Demographics — Purcellville, VA
As of the latest ACS Survey released in 2023, Purcellville, VA has a population of 19,200, which has increased by 3.4% over the past 5 years. Purcellville, VA is a popular place for families, as children make up 28.9% of the population. The area has a highly educated workforce, with 60.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,200 | 3.4% |
% Under 18 | 28.9% | -2.7% |
% Seniors | 11.5% | -5.7% |
% WFH | 26.2% | 151.9% |
% w/ College Degree | 60.1% | 7.7% |
As of the latest ACS Survey released in 2023, Purcellville, VA is a predominantly white area, with 77.9% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Purcellville, VA is hispanic, making up 11.9% of the population. Foreign-born residents account for 8.5% of the population in Purcellville, VA, and this percentage has increased by 18.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.9% | -4.8% |
% Black | 4.3% | -12.2% |
% Hispanic | 11.9% | 43.4% |
% Asian | 2.4% | -11.1% |
% Foreign Born | 8.5% | 18.1% |
Mortgage and Risk — Purcellville, VA
According to HUD data as of 2023, there were 546 mortgage originations in Purcellville, VA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Purcellville, VA. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 546 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Purcellville, VA
Purcellville, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 20 |
% Rentals under Section 8 | 5.4% |
% Occupied Section 8 | 67.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,050 |
| 2 Bedroom | -$1,190 | $3,500 | $2,310 |
| 3 Bedroom | -$410 | $3,300 | $2,890 |
| 4 Bedroom | $10 | $3,400 | $3,410 |
Affordability — Purcellville, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $869,000 |
| Median Household Income | $181,000 |