Leesburg real estate sits at the heart of Loudoun County, one of the wealthiest counties in the United States by median household income. Median home prices hover around $600,000, with single-family homes in sought-after communities like Lansdowne, River Creek, and Tuscarora Village ranging from $550,000 to over $900,000. Price-per-square-foot typically lands between $220 and $300, reflecting the premium tied to Loudoun County's top-rated school system and proximity to the Dulles Technology Corridor.
Why buyers choose Leesburg over other DC suburbs
Leesburg offers a compelling alternative to Fairfax County and Arlington for buyers willing to commute via the Silver Line Métro extension, which reached Loudoun in 2022. Property taxes in Loudoun County run approximately 0.97% of assessed value — lower than many comparable suburban jurisdictions. The rental market is active, with cap rates on townhomes and condos averaging 4.5–5.5%, appropriate for a high-demand corridor where appreciation historically outpaces Virginia's statewide average.
The downtown Leesburg historic district attracts buyers looking for character homes — craftsman bungalows and colonial-style properties on tree-lined streets list from $450,000 to $700,000. New construction communities on the northern and eastern edges of the city offer 4-bedroom detached homes at $650,000–$850,000, often with HOA amenities that include pools, trails, and fitness centers. HOA fees in Leesburg range from $100 to $400/month depending on community type and services included.
