Is Leesburg, VA 20175 a buyer’s or seller’s market?

The Leesburg housing market right now

In the three months ending August 31, 2026, 28% of homes in Leesburg, VA 20175 sold above their list price, the typical home went under contract in 39 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 147 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold more slowly (31 days then) and the median sale price rose 12% to $850,382. Overall, Leesburg is about as competitive as it was a year ago.

Within Loudoun County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Leesburg ranks #148 of 358 VA ZIP codes with enough sales (score 65 out of 100).

Nearby, buyers who want less competition could look at Paeonian Springs 20129 (0% sold over asking) or Middleburg 20117 (8% sold over asking), while Upperville 20184 (50% sold over asking) and Sterling 20164 (46% sold over asking) are even more competitive.