Homes under $500K in Northern Virginia
Half a million dollars is a real Northern Virginia budget: solid townhomes across Loudoun and Prince William, the occasional older single-family in the outer suburbs, and condos in stronger locations.
FHA and conventional both work well in this range. We’ll show you where your money buys the most home and the best commute.
- Where it lands: Ashburn, Leesburg, Sterling, Herndon, Manassas, Bristow, Gainesville
- Property types: Townhomes, some single-family (outer), condos
- What to expect: A strong townhome budget; single-family homes are older or farther out.
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What can I buy for under $500K in Northern Virginia?
A strong townhome budget; single-family homes are older or farther out. Typically that means townhomes, some single-family (outer), condos in areas like Ashburn, Leesburg, Sterling, Herndon, Manassas, Bristow, Gainesville. The exact mix shifts with the market — we’ll send you what’s actually available today.
What’s the monthly payment on a $500K home?
At $500K with 10% down at 6.5% over 30 years, the estimated total payment is about $3,490/month including taxes, insurance, and PMI. Your actual payment depends on your rate, down payment, HOA, and loan program.
Should I look at new construction under $500K?
Often yes — builder incentives (closing-cost credits, rate buydowns) can make a new home’s true monthly cost competitive with resale. Always verify current incentives directly with the builder, and compare the real numbers side by side.
See what’s available under $500K
Get matched homes for your budget and timeline — Raoul Shah represents you through the offer and closing.
Price ranges are illustrative and not a guarantee of available inventory. Monthly estimates are informational only, not a loan approval.