Louisa, VA—23093
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Louisa, VA
Louisa, VA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $362,000 | 2.6% |
| Single Family | $362,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $241,000 | 0.8% |
3 Bed | $359,000 | 2.6% |
4 Bed | $439,000 | 3.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Louisa, VA
As of July '25, Rentcast reports the average rent in Louisa, VA is $2,150, with a year-over-year rent change of -1.8%. Per bedroom, the median rent as of July '25 in Louisa, VA is 2-bedrooms: $1,380, 3-bedrooms: $1,980, 4-bedrooms: $3,100. The most common rental property sizes in Louisa, VA are 2-bedroom and 3-bedroom, accounting for 51.8% and 27.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $2,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,240 | $1,380 |
| 3 Bed Rent | $1,700 | $1,980 |
| 4 Bed Rent | $3,000 | $3,100 |
% of Rental Stock
Property Listings — Louisa, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Louisa, VA is 62. This is a increase of 18.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $416,000 | -2.0% |
Listing Count | 103 | 61.0% |
| Listings as % of Homes | 0.9% | 61.0% |
Days on Market | 62 | 18.0% |
Demographics — Louisa, VA
As of the latest ACS Survey released in 2023, Louisa, VA has a population of 14,200, which has increased by 3.9% over the past 5 years. Louisa, VA is a moderately popular place for families, as children make up 20.3% of the population. The area has a moderately educated workforce, with 25.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,200 | 3.9% |
% Under 18 | 20.3% | 2.0% |
% Seniors | 19.3% | 14.9% |
% WFH | 9.3% | 55.0% |
% w/ College Degree | 25.8% | 14.7% |
As of the latest ACS Survey released in 2023, Louisa, VA is a predominantly white area, with 71.4% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Louisa, VA is black, making up 16.6% of the population. Foreign-born residents account for 3.8% of the population in Louisa, VA, and this percentage has increased by 31.0% 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 | 71.4% | -2.9% |
% Black | 16.6% | -7.3% |
% Hispanic | 3.2% | 60.0% |
% Asian | 0.4% | 33.3% |
% Foreign Born | 3.8% | 31.0% |
Mortgage and Risk — Louisa, VA
According to HUD data as of 2023, there were 308 mortgage originations in Louisa, VA, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Louisa, VA. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 308 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Louisa, VA
Louisa, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 122 |
Total Units Section 8 | 94 |
% Rentals under Section 8 | 7.5% |
% Occupied Section 8 | 94.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,280 |
| 2 Bedroom | $280 | $1,240 | $1,520 |
| 3 Bedroom | $210 | $1,700 | $1,910 |
| 4 Bedroom | -$650 | $3,000 | $2,350 |
Affordability — Louisa, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $362,000 |
| Median Household Income | $67,600 |