Leesburg, VA

Population: 44,400
Average annual home appreciation rate: 6.40%
Total of homes for sale in this market:
Median home price: $414,482
Median Rent: $1,237 per room
Home price range: 28.30% of homes are between $516,001 – $774,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 45.62% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.88%
Number of renters: 25.31%
Number of owner occupied: 74.69%
Number people living below poverty level: 6.46%
Unemployment rate: 4.10%
Is this area perfect for real estate deals going on right now? Investors and home owners in general have benefited from high appreciation rates for the past 10 years. Market data shows that it doesn’t seem to be changing any time soon.

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