Loudoun County First-Time Homebuyer Report for January

Loudoun County has one of the largest populations in Virginia with 312,311 residents. On top of being the fifth-most populated county, it also ranks first for growth with an 84.2% increase over the last 10 years. Leesburg is the largest city in terms of population. The Loudoun County market is primarily made up of detached homes, currently accounting for 74% overall. The best school in the county is Waterford Elementary School.

Culture

If you are interested in some outdoor fun, Foursquare says that Redskins Park and Belmont Country Club are the most popular places in Loudoun County. For arts and entertainment, you'll find Regal Cinemas Countryside 20 and Cobb Village 12 Cinemas. And finally, Fire Works Pizza, Tuscarora Mill, and Magnolias at the Mill are frequently visited spots to eat.

Price Range

Loudoun County has some of the more expensive homes in the state with a median home value of $374,500 and a current average list price of $604,689.

Out of all the listings in Loudoun County, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$1.8M   $2.7M   $1.3M  

Typical Dwelling

The typical dwelling in Loudoun County is a three-bedroom townhouse worth about $392,691. To purchase a similar home, a buyer with good credit and a $78,538 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,195 monthly payment. The property tax rate is $9.61 per $1,000 of taxable assessed value.

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


Data reported through 1/5/2017

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