The story of this market
The typical home in ZIP 20175 sells for about $840,000, or $295 per square foot.
Prices are up +5% from a year ago, so sellers still have some momentum. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $2,800 a month.
ZIP 20175 — Leesburg
The Leesburg 20175 housing market remains competitive with a median sale price of $840,000 and a low supply of 1.6 months. High demand for single-family homes and townhouses continues to drive prices upward, though the pace of growth has stabilized compared to previous years.
This ZIP is ideal for families and professionals seeking a blend of historic charm and modern suburban amenities, with strong school districts and proximity to major employment hubs.
Median prices moved up 5.0% year over year.
Homes spend a median of 33 days on market with 1.6 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 101.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 4.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 20175, Loudoun County VA
Leesburg generally maintains a lower crime rate compared to national averages, with property crime being the primary concern in suburban areas.
The area is served by highly-rated public schools within the Loudoun County Public Schools system, known for strong academic performance and college readiness.
The region faces moderate risks from severe thunderstorms and occasional flooding in low-lying areas near the Potomac River, with standard insurance coverage typically required.
Leesburg serves as a major employment hub in Loudoun County, benefiting from proximity to the Dulles technology corridor and ongoing mixed-use development projects.
Property taxes are assessed by Loudoun County based on fair market value, with rates set annually by the Board of Supervisors; no specific ZIP-level tax jurisdiction exists.
Commuters primarily utilize the Dulles Greenway and Route 7 to access employment centers in Tysons and Northern Virginia, with limited direct rail transit access.
The area features extensive access to the W&OD Trail, historic downtown Leesburg shopping and dining, and numerous regional parks including Ida Lee Park.
The rental market is characterized by high demand and low vacancy rates, driven by the area's desirability for professionals working in the tech and government sectors.
The economy is anchored by the technology, government contracting, and professional services sectors, with significant employment provided by Loudoun County Public Schools and local government.
Transportation is heavily reliant on private vehicles, with major corridors including Route 7 and the Dulles Greenway; public transit is limited to bus services.
Development is focused on infill projects and the expansion of mixed-use residential communities to accommodate population growth.
Loudoun County assesses property values annually based on market data to ensure equitable taxation across the county.
Parcels may be subject to various special service districts, including community development authorities and utility service areas.
Property insurance premiums are stable but reflect regional risks associated with severe weather events common in Northern Virginia.
Data retrieved from data.census.gov ZCTA 20175 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
A 45-mile paved trail popular for cycling and walking.
Features a recreation center, indoor/outdoor pools, and sports fields.
Features local boutiques, restaurants, and historic architecture.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).