Loudoun, VA County has some of the highest housing median values in the United States, with an average value of $707,500 compared to the US house median value of $338,100. This is reflective of the strong growth that has been seen in this area, with a 1 year house appreciation rate of 13.79%, much higher than the national average of 8.27%. With such high prices and strong appreciation, Loudoun is becoming one of the most sought-after places to live and own a home in the country.
The median home cost in Loudoun County is $707,500. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Loudoun County is up 8.1%.
Average Age of Homes
- The median age of Loudoun County real estate is 18 years old
The Rental Market in Loudoun County
- Renters make up 22.0% of the Loudoun County population
- 0.8% of houses and apartments in Loudoun County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.