Affordability evidence
Leesburg, VA home values, income, and owner costs
A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Leesburg, VA.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
The local figures answer the first question: In Leesburg, VA, the 2024 ACS reports a median owner-occupied home value of $667,800, median household income of $145,205, and median selected monthly owner costs of $3,062 for owners with a mortgage. For borrower planning, together, those three reference points can help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $3,062 measure combines recurring ownership expenses in place of real estate taxes alone. A useful affordability review starts with $667,800, $145,205, and $3,062, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.
Leesburg, VA's $667,800 median home-value estimate is above the statewide $383,700 estimate, with a reported city-to-state gap of 74.0%. For borrower planning, that 74.0% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Leesburg, VA.