Leesburg, VA—20176
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 $815,000, with a year-over-year change of 1.3%. 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 | $815,000 | 1.3% |
| Single Family | $858,000 | 1.3% |
| Condos | $403,000 | 1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $279,000 | 2.2% |
2 Bed | $426,000 | 1.4% |
3 Bed | $630,000 | 1.4% |
4 Bed | $939,000 | 1.3% |
| 5 Bed | $1,191,000 | 1.4% |
% of Housing Stock
Rental Trends — Leesburg, VA
As of July '25, Rentcast reports the average rent in Leesburg, VA is $3,380, with a year-over-year rent change of 27.5%. Per bedroom, the median rent as of July '25 in Leesburg, VA is studios: $1,600, 1-bedrooms: $1,710, 2-bedrooms: $2,360, 3-bedrooms: $3,150, 4-bedrooms: $3,750. The most common rental property sizes in Leesburg, VA are 2-bedroom and 3-bedroom, accounting for 41.5% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,380 |
| Studio Rent | $1,600 | $1,600 |
| 1 Bed Rent | $1,670 | $1,710 |
| 2 Bed Rent | $2,200 | $2,360 |
| 3 Bed Rent | $3,100 | $3,150 |
| 4 Bed Rent | $3,750 | $3,750 |
% 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 30. This is a increase of 6.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $952,000 | -2.0% |
Listing Count | 184 | 23.0% |
| Listings as % of Homes | 0.5% | 23.0% |
Days on Market | 30 | 6.0% |
Demographics — Leesburg, VA
As of the latest ACS Survey released in 2023, Leesburg, VA has a population of 50,000, which has decreased by -5.7% over the past 5 years. Leesburg, VA is a popular place for families, as children make up 25.3% of the population. The area has a highly educated workforce, with 58.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,000 | -5.7% |
% Under 18 | 25.3% | -10.9% |
% Seniors | 13.0% | 23.8% |
% WFH | 24.9% | 260.9% |
% w/ College Degree | 58.9% | 5.7% |
As of the latest ACS Survey released in 2023, Leesburg, VA is a predominantly white area, with 59.2% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Leesburg, VA is hispanic, making up 14.2% of the population. Foreign-born residents account for 21.0% of the population in Leesburg, VA, and this percentage has decreased by 12.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 59.2% | -2.1% |
% Black | 8.2% | 2.5% |
% Hispanic | 14.2% | -18.9% |
% Asian | 13.7% | 22.3% |
% Foreign Born | 21.0% | -12.1% |
Mortgage and Risk — Leesburg, VA
According to HUD data as of 2023, there were 1035 mortgage originations in Leesburg, VA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Leesburg, VA. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,035 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Leesburg, VA
As of 2024, the percent of homes in Leesburg, VA under the Section 8 program is 4.0%. 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 | 124 |
Total Units Section 8 | 124 |
% Rentals under Section 8 | 4.0% |
% Occupied Section 8 | 67.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $400 | $1,670 | $2,070 |
| 2 Bedroom | $130 | $2,200 | $2,330 |
| 3 Bedroom | -$190 | $3,100 | $2,910 |
| 4 Bedroom | -$310 | $3,750 | $3,440 |
Affordability — Leesburg, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $815,000 |
| Median Household Income | $167,000 |