menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Lovettsville, VA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Lovettsville, VA Housing Market Trends

With a population of 2,723, 747 total housing units (homes and apartments), and a median house value of $758,151, Lovettsville house prices are not only among the most expensive in Virginia, Lovettsville real estate also is some of the most expensive in all of America.

Lovettsville is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Lovettsville than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lovettsville. Owner-occupied housing accounts for 85.94% of Lovettsville's homes, and 70.82% have either three or four bedrooms, which is average sized relative to America.

Lovettsville homes and real estate are some of the newest in America. 61.48% of Lovettsville's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Lovettsville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 19.97%), and between 1940-1969 ( 10.77%). There's also some housing in Lovettsville built before 1939 ( 7.78%).

Lovettsville Home Appreciation Rates

Lovettsville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Lovettsville during the period has been just 5.00%, which is lower than 80% of US communities.

Over the last year, Lovettsville appreciation rates have trailed the rest of the nation. In the last twelve months, Lovettsville's appreciation rate has been 4.45%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lovettsville were at 3.11%, which equates to an annual appreciation rate of 13.04%.

Importantly, this makes Lovettsville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Virginia, our data show that Lovettsville's latest annual appreciation rate is lower than 70% of the other cities and towns in Virginia.

Average Home Values

Median Home Value

$758,151

Lovettsville, VA Home Prices
> $1,301,000
$975,001 - $1,301,000
$650,001 - $975,000
$520,001 - $650,000
$390,001 - $520,000
$260,001 - $390,000
$130,001 - $260,000
$65,001 - $130,000
$0 - $65,000
5.5%
5.5%
13.5%
13.5%
47.6%
47.6%
16.1%
16.1%
8.1%
8.1%
5.4%
5.4%
2.0%
2.0%
1.3%
1.3%
0.4%
0.4%
0% 100.0%
% of Homes
Very High

for Virginia

Very High

for nation

Number of Homes And Apartments:

747

Lovettsville Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,024 / per month

Homeownership Rate

Owners
Renters
85.9%
85.9%
14.1%
14.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.1%
3.1%
96.9%
96.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
61.5%
61.5%
20.0%
20.0%
10.8%
10.8%
7.8%
7.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
86.0%
86.0%
9.9%
9.9%
3.8%
3.8%
0.4%
0.4%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
0.0%
0.0%
10.1%
10.1%
30.5%
30.5%
40.3%
40.3%
19.1%
19.1%
0% 100.0%
% of Homes