Loudoun County VA Real Estate
From the lush green countryside to high-tech corridors, Loudoun County, Virginia has seen a remarkable transformation. Once known for its dairy farms and elite equestrian traditions, this part of northern Virginia has benefited from the growth of government contractors and new industries. As a result, the population has exploded – there's now over 320,000 residents compared to 80,000 two decades ago. Make no mistake though, Loudoun County will never be confused with urban inner-cities. It's still about nice homes and a quality way of life. Popular communities include Ashburn, Leesburg, Sterling, Hamilton, Round Hill, Purcellville, South Riding and Waterford. Read more about Loudoun County VA real estate.
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A recent Forbes article reported on what Virginians have long known – Loudoun is the nation's richest county with a median household income of $123,966. In fact, four of the top ten counties are in Virginia. Number two by a nose is Falls Church with Fairfax coming in third. A lot has to do with the proximity to our nation's capitol – the Washington Metro area is the beneficiary of federal government contract spending in a big way and when companies like Verizon, AOL and Orbital Sciences found out, they were happy to join the crowd. It wasn't long before this part of the country was being referred to as Silicon Valley East.
The Loudoun County real estate market is in good shape with single-family home values continuing to rebound from their lows during the nation housing crisis that began around 2007. That said, there was a slight dip in sales prices in 2016. Condos and townhouses are also selling briskly. This is an area known for luxury homes with some very impressive properties. You'll find a wide arrange of styles, including all the various Colonial subsets, plus Arts & Crafts, Tudors, French Country, Cape Cod and new custom contemporary
Despite its growth, Loudoun hasn't changed as dramatically as some might think. There's been an increase in local wineries in recent years and the equestrian industry is still a major presence, with an emphasis on the English riding disciplines. There's weekend soccer games and farmers markets, and a tourist industry centered on the region's rich history. Loudoun is bordered by Fairfax to the south and Maryland and Washington to the east, across the Potomac River. Often referred to as LoCo by locals, there's much for potential buyers to explore. From restored antiques to new suburban contemporaries, from town homes to city lofts, Loudoun has it all.
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Listing information last updated on July 19th, 2019 at 6:45am EDT.