The typical owner-occupied home in Middleburg is worth about $777,000, 2.0 times the Virginia median of $383,700 and 2.3 times the national median of $332,700. Owners pay a median $6,156 a year in property taxes, about 0.79% of their home's value, higher than the Virginia rate of 0.73%. The median household earns $104,545 a year, so the median home costs 7.4 times the median income (4.1 times for Virginia). 67% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.
Middleburg at a glance
| Middleburg | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $777,000 | $383,700 | $332,700 |
| Median property tax paid per year | $6,156 | $2,790 | $3,119 |
| Property tax as a share of value | 0.79% | 0.73% | 0.94% |
| Median household income | $104,545 | $93,170 | $80,734 |
| Homes lived in by their owners | 67% | 67% | 65% |
| Owner homes with a mortgage | 55% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $3,189 | $2,127 | $1,963 |
| Those costs as a share of the owners' income | 26.6% | 20.1% | 21.0% |
| Median rent | $1,517 | $1,579 | $1,413 |
| Rent as a share of renters' income | 28.5% | 29.4% | 30.6% |
| Median year homes were built | 1980 | 1984 | 1980 |
| Vacant homes | 8.1% | 8.7% | 10.1% |
| Population | 774 | 8,705,170 | 334,922,499 |
What a typical home costs per month in Middleburg
At this week's average 30-year rate of 7.11%, buying the median Middleburg home of $777,000 with 20% down costs about $5,017 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,436, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $215,007 for the 20%-down payment. That payment is 58% of the median Middleburg household income of $104,545; at that income and 20% down, the 28% guideline points to a home of about $378,000.
The median rent here is $1,517 a month, so owning the median home costs about $3,500 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $155,400 |
|---|---|
| Loan amount | $621,600 |
| Principal and interest | $4,182 |
| Property taxes (0.79% a year) | $512 |
| Homeowners insurance (our estimate, 0.5% a year) | $324 |
| PMI | $0 |
| Total per month | $5,017 |
Change the numbers in the calculator
| Down payment | $27,195 |
|---|---|
| Loan amount | $762,927 |
| Principal and interest | $5,132 |
| Property taxes (0.79% a year) | $512 |
| Homeowners insurance (our estimate, 0.5% a year) | $324 |
| FHA mortgage insurance | $469 |
| Total per month | $6,436 |
Change the numbers in the calculator
Questions about home buying in Middleburg
What is the median home value in Middleburg?
About $777,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Middleburg?
Homeowners pay a median $6,156 a year, which is about 0.79% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Middleburg?
For the median home with 20% down at 7.11%, the payment is about $5,017 a month. Keeping that under 28% of gross income takes about $215,007 a year.
More about Middleburg
- Mortgage Refinance in Middleburg
- Debt Relief in Middleburg
- Home Equity Loans in Middleburg
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data