Much like its surrounding areas, it's a bit less expensive compared to the rest of the country. However it is substantially less expensive compared to the city of Washington.
Home prices
Louisa's median home value is $201,800. In comparison to its surrounding areas this is is very similar.It is about $15,700 (7%) lower in comparison to the rest of the country, and compared to the city of Washington is roughly $399,700 (66%) lower.
Rents
In Louisa the median rent is $875 a month. It is approximately $225 (20%) lower in comparison to nearby areas.It is roughly $187 (17%) lower compared to the entire nation, and in comparison to the city of Washington it is approximately $666 (43%) lower.
Nearby places
Mineral
Mineral is approximately 4 miles east of Louisa. Its housing prices are somewhat less expensive. The median home in Mineral is valued at $177,000, which comes out to $24,800 (14%) lower than Louisa. Rent there is fairly similar. The median rent in Mineral is $845 per month, which is $30 (3%) lower than Louisa.
Blue Ridge Shores
Blue Ridge Shores is about 6 miles north of Louisa. Housing prices there are fairly similar. The median home in Blue Ridge Shores is valued at $196,200, which works out to $5,600 (2%) lower than Louisa. Rents there are a bit more expensive. The median rent in Blue Ridge Shores is $1,197 a month, which is $322 (26%) higher than Louisa.
Gordonsville
Gordonsville is approximately 11 miles northwest of Louisa. Its real estate prices are pretty similar. Gordonsville's median home price is $192,300, which works out to $9,500 (4%) lower than Louisa. The rent there is a little more expensive. The median monthly rent in Gordonsville is $941, which works out to $66 (7%) higher than Louisa.
Orange
Orange is approximately 16 miles north of Louisa. The real estate prices there are a little more expensive. The median home price in Orange is $220,800, which is $19,000 (8%) higher than Louisa. Rents there are somewhat more expensive. Orange's median monthly rent is $946, which comes out to $71 (7%) higher than Louisa.
Lake Monticello
Lake Monticello is approximately 17 miles southwest of Louisa. Real estate prices there are a little more expensive. The median home in Lake Monticello costs $228,900, which works out to $27,100 (11%) higher than Louisa. The rent there is substantially more expensive. In Lake Monticello the median rent is $1,571 per month, which comes out to $696 (44%) higher than Louisa.
