The story of this market
The typical home in ZIP 20115 sells for about $335,000, or $245 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,777 a month.
ZIP 20115 — Marshall
The Marshall housing market is characterized by high price-to-rent ratios and elevated vacancy rates, indicating a cooling trend for investors. While home values remain high, the market is seeing a shift toward more balanced conditions as buyer demand moderates. The area remains a niche market for those prioritizing rural living over proximity to urban employment.
This ZIP is best suited for families and individuals seeking a rural lifestyle who are willing to endure long commutes to Northern Virginia employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 58 days on market with 4.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 12.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 20115, Fauquier County VA
Crime rates in the Marshall area remain low compared to regional averages, with property crime being the primary concern in this rural-transitioning community.
Schools serving the 20115 ZIP code are part of the Fauquier County Public Schools system, which generally maintains solid performance ratings and community support.
The area faces moderate risk from severe thunderstorms and occasional flooding in low-lying areas near local creeks, with standard insurance coverage typically sufficient.
Marshall is experiencing slow, steady growth as a designated service district in Fauquier County, balancing its agricultural heritage with limited residential and commercial expansion.
Property taxes are assessed by Fauquier County based on fair market value; the area is subject to standard county-wide levies without significant special district surcharges.
Commuting from Marshall typically involves a drive of over an hour to reach major employment hubs in Northern Virginia and the D.C. metro area via I-66.
The area offers access to rural outdoor activities, including local parks, equestrian trails, and proximity to the Blue Ridge Mountains, with limited immediate shopping options.
The rental market is relatively thin with a vacancy rate of approximately 9.3%, suggesting a niche demand primarily for single-family home rentals.
The local economy is anchored by agriculture, small businesses, and services, with many residents commuting to larger employment centers in the D.C. metro area.
Transportation is heavily reliant on personal vehicles, with I-66 serving as the primary corridor for regional access.
Development is focused on maintaining the rural character of the area while allowing for limited residential growth within the designated service district.
Fauquier County utilizes a standard annual assessment process to determine property values for tax purposes.
Parcels are subject to standard county-level school and general service district taxes.
Property insurance premiums are stable, though homeowners should account for potential risks associated with rural fire protection and storm exposure.
Data retrieved from census.gov and Repit.org market analysis.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local green space providing recreational facilities for residents.
Hosts regional agricultural events and community gatherings.
Key-figure check: median price diverges 113.8% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $716,074 (113.8% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $716,074 (+113.8% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.