October's First-Time Homebuyer Report for Louisa County

Louisa County is a county that is growing slightly faster than others in Virginia at a 10-year growth rate of 29.3%. It also has a larger than average population of 33,153 people. Louisa and Mineral are the two largest cities in terms of population. Homes in Louisa County are of moderate age with a median age of 19 years. Heading the list of top schools in the county is Stony Point Elementary School.

Culture

According to Foursquare, Food Lion Grocery Store, Walgreens, and cvs are the most popular retail spots in Louisa County. If you like outdoor activities, some popular spots are Lake Anna and Spring Creek Golf Club. You could also go see the popular Goochland Drive-In Theater if you're interested in arts and entertainment.

Price Range

The median value of homes in Louisa County is $154,100, making the area almost identical to others in Virginia. At the same time, the average list price of available homes is presently $283,178. The Louisa County market looked active this week as sales climbed 5.9% to hit 54 homes sold over the last 30 days.

Curious as to which homes have been getting the most attention in Louisa County? These listings have stirred up interest and produced the most views:

$299K   $599K   $369K  

Typical Dwelling

The typical dwelling in Louisa County is a three-bedroom detached home worth about $239,678. To purchase a similar home, a buyer with good credit and a $47,936 cash down payment could obtain a mortgage with a 3.95% interest rate and a $952 monthly payment. The property tax rate is $6.44 per $1,000 of taxable assessed value.

Get started right now by checking out Louisa County homes for sale or reviewing Louisa County real estate trends.


Data reported through 10/13/2016

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