Purcellville First-Time Homebuyer Report for October

Purcellville ranks as the fastest growing city in Virginia at a 10-year growth rate of 96.9%. However, its population only ranks 143rd in size with 7,727 people. With a median age of 13 years, homes in Purcellville tend to be relatively new. Heading the list of top schools in the city is Lincoln Elementary School.

Price Range

The median value of homes in Purcellville is $395,100, making it one of the most valuable areas in Virginia. At the same time, the average list price of available homes is presently $471,076. The Purcellville market got good news in this week's report, as the number of home sales rose 9.1%, pushing the total to 12 homes sold over the last 30 days.

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

$459K   $504K   $549K  

Typical Dwelling

The typical dwelling in Purcellville is a four-bedroom detached home worth about $494,336. To purchase a similar home, a buyer with good credit and a $98,867 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,116 monthly payment. The property tax rate is $9.61 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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