Zip Code:

20148, Ashburn, VA

20148 is a Virginia Zip code within the city of Ashburn and the county of Loudoun County. Its population is roughly 51,243.

The Real Estate Market in Ashburn, VA in the Year 2014

The zip code of Ashburn, VA includes a population of approximately 229,000 people. The median home value in this zip code is $269,000 and the median home equity is $143,000. This indicates that the majority of homes in this zip code are valued at more than $200,000. In addition, the average home price has increased by 5% since 2013. This suggests that there is strong demand for housing in this area and that prices are likely to continue to rise in the near future.

One reason for this trend may be the increasing number of families who are choosing to live in Ashburn. The percentage of families living in Ashburn has increased from 62% to 68% over the past five years. This suggests that more families are looking for quality housing close to their jobs and other important amenities. Additionally, many new homes being built in Ashburn are luxury homes which may also contribute to rising prices.

Despite these positive trends, there are some areas where prices may not continue to increase as quickly as they have recently done. For example, prices have increased faster among single-family homes than among multi-family homes over the past year or two. This could be due to limited supply or higher demand for single-family homes relative to multi-family homes. Additionally, while prices have increased significantly since 2013 among all types of housing (single family, multi-family units and condos), they have risen more rapidly among single family units than among other types of housing units over this period

Price Index: Washington-Arlington-Alexandria, DC-VA-MD-WV (MSAD)

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