Located just west of Leesburg on Route 7, the community of Round Hill, VA is steeped in history and features great natural beauty as well as an excellent quality of life. Located atop a hill that was used by both Confederate and Union troops during the Civil War as a signal post for its location atop a hill, Round Hill was not incorporated as a town until 1900. Before that, the area served as the end of a Washington-Ohio rail line, which made shipping agricultural products into the Washington, DC area convenient.
Round Hill is a part of western Loudoun County and is less than an hour's drive from Washington DC. This part of the county also offers breathtaking views of the Blue Ridge Mountains and Loudoun Valley. The community has undergone a considerable amount of growth and is currently home to over 3,000 residents. Round Hill has also become a popular destination for families thanks to its rural atmosphere, excellent schools, low crime rate and spectacular beauty. While primarily residential in nature, all of the amenities of a major metropolitan area are just minutes away in Leesburg and Washington, DC, with plenty of shopping, cultural activities and entertainment facilities.
The real estate market in this area is diverse. Contemporary housing developments coexist with 18th century mansions and Victorian structures along with sprawling, scenic horse farms. The market is made up primarily of single-family homes, although some golf course homes and horse properties are available, as are lots and land for custom homes.
Round Hill Real Estate Market Info - Prices of Houses for Sale in Round Hill
Prospective buyers looking to call Round Hill home will find that the area's real estate market is quite diverse in terms of pricing with the current average real estate price hovering in the $640,000 range. Single-family homes in Round Hill currently start at $300,000, which can buy you a 3 bedroom/2 bathroom residence in a peaceful neighborhood, to upwards of $3.5 million for a 4 bedroom/3.5 bathroom home in the Bluemont subdivision. Investment opportunities are abundant in Round Hill, especially for those who are looking to custom build their dream home or real estate development as land prices start as low as $90,000.
Round Hill Real Estate Stats and Trends for the week of August 15th, 2016: homes priced around $664,069 compared to $664,569 the previous week, for a slight decrease of less than -1%. For Thursday, August 25th, the current national mortgage rate for a 30 year fixed mortgage is 3.40%; the 15 year fixed rate is at 2.67%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 3.80%, while the 15 year jumbo rate currently is at 3.40%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Round Hill VA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Round Hill to help you find the best home!