New Listing
39
$359,500
19360 Magnolia Grove Sq Unit 108
Leesburg, VA 20176
2 bd2 ba1,170 sqft$307/ft²
Condo
Allan Marteney · Fathom Realty
View photos & details
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Leesburg, VA Housing Market
Strong seller's market-0.1% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Leesburg, VA is worth $851,239, held roughly flat 0.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $732,500, -3.6% year over year (through May 2026). With 1.2 months of supply and homes going under contract in about 28 days, Leesburg is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $851,239 home is about $4,544/mo in principal and interest.
Key numbers for Leesburg, VA
Typical home value
$851,239
-0.1% in 12 months
Zillow, August 2026
Typical asking rent
$2,440/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$732,500
-3.6% year over year
Redfin, through May 2026
Days on market
28
Average pace
Redfin, through May 2026
Active listings
87
1.2 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$140,668
Home costs 6.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
101.1%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Leesburg a buyer's or seller's market?
Strong seller's market1.2 months of supply28 days on market101.1% of asking
Leesburg, VA is a strong seller's market, based on 1.2 months of supply and homes selling in about 28 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Leesburg housing market data show?
Every row below is Redfin's final published month for Leesburg, VA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $732,500 |
| Median list price | $772,450 |
| Year-over-year price change | -3.6% |
| Median price per sq ft | $304/sq ft |
| Median days on market | 28 days |
| Active inventory | 87 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 101.1% |
| Homes sold (that month) | 74 |
| New listings (that month) | 80 |
| Listings with a price cut | 19.5% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Leesburg is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Leesburg is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Leesburg home prices moved?
Over the last three years the median sale price in Leesburg, VA rose 21.6%, from $602,500 to $732,500. The live Zillow value series has held roughly flat 0.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. 19.5% of Leesburg listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.2 months while the sale-to-list ratio slips below its current 101.1%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Leesburg?
Priced off the typical home value of $851,239 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $170,248 | $680,991 | $4,544/mo |
| 5% | $42,562 | $808,677 | $5,396/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $4,544, that implies roughly $194,759 a year before you add taxes and insurance. The median household in Leesburg earns $140,668, about $54,091 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.1x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Leesburg in the next 12 months?
Tell us your timeline. We send the Leesburg market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Leesburg?
Typical asking rent in Leesburg, VA is $2,440/mo, against a typical home value of $851,239. That is a price-to-rent ratio of 29.1x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $4,544 a month — $2,104 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Leesburg?
Active listings in Leesburg, VA went from 97 in May 2025 to 87 in May 2026, a -10.3% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 94 | 66 |
| July 2025 | 92 | 63 |
| August 2025 | 101 | 68 |
| September 2025 | 93 | 58 |
| October 2025 | 82 | 57 |
| November 2025 | 71 | 48 |
| December 2025 | 44 | 22 |
| January 2026 | 57 | 41 |
| February 2026 | 52 | 38 |
| March 2026 | 69 | 66 |
| April 2026 | 81 | 78 |
| May 2026 | 87 | 80 |
Redfin, through May 2026
How does Leesburg compare to Virginia and the U.S.?
Leesburg homes sell for $732,500 — 47% above the Virginia median of $499,300. Against the national median of $410,700, Leesburg runs 78% higher. Year-over-year, Leesburg moved -3.6% against Virginia's +3.9% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Leesburg, VA | $732,500 | -3.6% | 28 days |
| Virginia statewide | $499,300 | +3.9% | 28 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Leesburg
What buyers should watch
- Months of supply, currently 1.2. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 19.5%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $852 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $851,239 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Leesburg listing goes under contract in 28 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 101.1% of asking. Price at the number you want and let competition do the rest.
- In the last published month Leesburg added 80 new listings against 74 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -0.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Leesburg varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Leesburg
There are currently 87 homes listed for sale in Leesburg, Virginia. The median listing price is $772K. Featured listings range from $359,500 to $2,295,000.
New Listing
$500,000
S King St
Leesburg, VA 20175
Land41,382 sqft lot
Nancy Yahner · Keller Williams Realty
View photos & details
New Listing
$559,000
734 Hetzel Ter SE
Leesburg, VA 20175
2 bd3 ba1,754 sqft$319/ft²
Townhouse3,049 sqft lot
Katrina Funkhouser · Coldwell Banker Realty
View photos & details
New Listing
13
$579,000
43609 McDowell Sq
Leesburg, VA 20176
3 bd3 ba2,558 sqft$226/ft²
Condo
Tom Compton · Crossroads Realtors
View photos & details
New Listing
61
$725,000
1211 Musket Ct NE
Leesburg, VA 20176
4 bd4 ba3,064 sqft$237/ft²
House6,970 sqft lot
Allison Welch Taylor · Redfin Corporation
View photos & details
New Listing
20
$750,000
40246 Thomas Mill Rd
Leesburg, VA 20175
3 bd3 ba2,621 sqft$286/ft²
House4.98 acres
Paul Herrick · Real Broker, LLC
View photos & details
New Listing
2
$774,900
43569 Wild Indigo Ter
Leesburg, VA 20176
3 bd4 ba2,010 sqft$386/ft²
Townhouse2,178 sqft lot
Angela Allison · Houwzer, LLC
View photos & details
New Listing
2
$800,000
306 Lounsbury Ct NE
Leesburg, VA 20176
4 bd2 ba2,452 sqft$326/ft²
House11,761 sqft lot
Claudia Viana · Weichert, REALTORS
View photos & details
New Listing
2
$825,000
43676 Chicacoan Creek Sq
Leesburg, VA 20176
4 bd4 ba3,748 sqft$220/ft²
Townhouse3,485 sqft lot
Dale Repshas · Long & Foster Real Estate, Inc.
View photos & details
New Listing
38
$1,060,000
18444 Camelback Ter
Leesburg, VA 20176
4 bd3 ba2,951 sqft$359/ft²
Townhouse6,534 sqft lot
Jenny Whitney · Long & Foster Real Estate, Inc.
View photos & details
New Listing
82
$1,075,000
18714 Drummond Pl
Leesburg, VA 20176
5 bd4 ba4,754 sqft$226/ft²
House10,019 sqft lot
Eve Weber · Long & Foster Real Estate, Inc.
View photos & details
New Listing
56
$2,295,000
18911 Shropshire Ct
Leesburg, VA 20176
7 bd8 ba8,061 sqft$285/ft²
House14,810 sqft lot
Jean Garrell · Keller Williams Realty
View photos & details
Looking to buy in Leesburg?
Get connected with a local real estate expert — free, no obligation.
Active listings
87
Homes on market
Median list price
$772K
Avg. days on market
28
Days until sale
New this week
80
Newly listed
Price drops:19.5%of listings
Sale-to-list:101.1%
How much do homes cost in Leesburg by property type?
How the Leesburg, VA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $959,514 | $284/sq ft | 32 | 30 days |
| Condo / co-op | $459,690 | $361/sq ft | 12 | 17 days |
| Townhouse | $587,500 | $303/sq ft | 30 | 27 days |
Who lives in Leesburg?
American Community Survey estimates for Leesburg. U.S. Census ACS, 2023
Population
48,788
Households
16,767
Median income
$140,668/yr
Median age
35.6 years
Owner-occupied
69.1%
Median home value
$617,700
Median gross rent
$1,980/mo
Mean commute
26.9 min
69.1% of occupied homes in Leesburg are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $617,700 against Zillow's $851,239 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,980/mo, below Zillow's $2,440/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Leesburg?
23 schools tracked · 15,477 students
The largest public schools serving Leesburg, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Riverside High
Grades 9-12 · 1,749 students
Heritage High
Grades PK-12 · 1,508 students
Tuscarora High
Grades PK-12 · 1,437 students
Loudoun County High
Grades 9-12 · 1,406 students
Belmont Ridge Middle
Grades 6-8 · 1,071 students
Harper Park Middle
Grades 6-8 · 880 students
J. Lupton Simpson Middle
Grades 6-8 · 874 students
Smart's Mill Middle
Grades 6-8 · 869 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Leesburg, VA?
Ordered by distance from Leesburg, not by size. Compare Leesburg side by side with any of them.
Which ZIP codes are in Leesburg?
These are the ZIP codes we see on active Leesburg listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Leesburg housing market FAQ
Is Leesburg a buyer's or seller's market?
Leesburg, VA is currently a strong seller's market. That read comes from 1.2 months of supply, homes going under contract in about 28 days, and sellers getting 101.1% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Leesburg?
The typical home in Leesburg, VA is worth $851,239 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $732,500, about $304 per square foot.
Is Leesburg cheaper than the rest of Virginia?
Leesburg's median sale price of $732,500 is 47% higher than the Virginia statewide median of $499,300, and 78% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Leesburg?
Homes in Leesburg, VA spent a median of 28 days on market before going under contract, versus 28 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Leesburg?
At the current 30-year fixed rate of 7.03%, 20% down on a $851,239 home is about $4,544 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $194,759 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $140,668.
Are home prices rising in Leesburg?
The typical home value in Leesburg, VA held roughly flat 0.1% over the last 12 months, from $852,230 to $851,239 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Leesburg?
Leesburg ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Leesburg?
That depends on your timeline, not on a headline. What the data says today: Leesburg, VA is a strong seller's market with 1.2 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 29.1x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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