Leesburg, VA—20175
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Leesburg, VA
Home Price Trends — Leesburg, VA
As of Oct '25, the median home price in Leesburg, VA is $818,000, with a year-over-year change of 2.9%. This indicates that home prices in Leesburg, 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 | $818,000 | 2.9% |
| Single Family | $880,000 | 2.8% |
| Condos | $327,000 | 0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $293,000 | 1.4% |
2 Bed | $362,000 | 1.7% |
3 Bed | $614,000 | 2.3% |
4 Bed | $948,000 | 2.9% |
| 5 Bed | $1,181,000 | 3.1% |
% of Housing Stock
Rental Trends — Leesburg, VA
As of July '25, Rentcast reports the average rent in Leesburg, VA is $2,990, with a year-over-year rent change of 13.3%. Per bedroom, the median rent as of July '25 in Leesburg, VA is studios: $1,200, 1-bedrooms: $2,020, 2-bedrooms: $2,340, 3-bedrooms: $3,120, 4-bedrooms: $3,810. The most common rental property sizes in Leesburg, VA are 2-bedroom and 1-bedroom, accounting for 43.4% and 23.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $2,990 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $1,900 | $2,020 |
| 2 Bed Rent | $2,250 | $2,340 |
| 3 Bed Rent | $3,100 | $3,120 |
| 4 Bed Rent | $3,500 | $3,810 |
% of Rental Stock
Property Listings — Leesburg, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Leesburg, VA is 40. This is a increase of 41.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $875,000 | -6.0% |
Listing Count | 118 | 35.0% |
| Listings as % of Homes | 0.5% | 35.0% |
Days on Market | 40 | 41.0% |
Demographics — Leesburg, VA
As of the latest ACS Survey released in 2023, Leesburg, VA has a population of 35,000, which has increased by 3.9% over the past 5 years. Leesburg, VA is a moderately popular place for families, as children make up 24.9% of the population. The area has a highly educated workforce, with 63.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,000 | 3.9% |
% Under 18 | 24.9% | -9.5% |
% Seniors | 9.8% | 14.0% |
% WFH | 30.0% | 305.4% |
% w/ College Degree | 63.7% | 3.9% |
As of the latest ACS Survey released in 2023, Leesburg, VA is a predominantly white area, with 64.0% of the population identifying as white. The white population has shrunk by 16.1% in the last 5 years. The second most common race or ethnicity in Leesburg, VA is hispanic, making up 15.1% of the population. Foreign-born residents account for 16.2% of the population in Leesburg, VA, and this percentage has increased by 33.9% 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 | 64.0% | -16.1% |
% Black | 8.7% | 26.1% |
% Hispanic | 15.1% | 75.6% |
% Asian | 7.7% | 63.8% |
% Foreign Born | 16.2% | 33.9% |
Mortgage and Risk — Leesburg, VA
According to HUD data as of 2023, there were 582 mortgage originations in Leesburg, VA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Leesburg, 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 | 582 |
% 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 — Leesburg, VA
As of 2024, the percent of homes in Leesburg, VA under the Section 8 program is 4.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Leesburg, VA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 137 |
Total Units Section 8 | 137 |
% Rentals under Section 8 | 4.4% |
% Occupied Section 8 | 90.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $1,900 | $2,020 |
| 2 Bedroom | $20 | $2,250 | $2,270 |
| 3 Bedroom | -$260 | $3,100 | $2,840 |
| 4 Bedroom | -$150 | $3,500 | $3,350 |
Affordability — Leesburg, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $818,000 |
| Median Household Income | $168,000 |