The story of this market
The typical home in ZIP 20185 sells for about $725,000, or $415 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $3,200 a month.
ZIP 20185 — Upperville
The Upperville housing market remains stable with high price points driven by limited inventory and strong demand for rural estate properties. While sales volume is low, the market is supported by high household incomes and a lack of new construction, keeping prices firm. Buyers should expect a competitive environment for well-maintained properties despite the broader national economic uncertainty.
This ZIP is ideal for affluent families, equestrian enthusiasts, and those seeking a quiet, rural lifestyle while maintaining access to Northern Virginia's economic core.
Median prices moved up 2.4% year over year.
Homes spend a median of 68 days on market with 7.3 months of supply — a balanced-paced market.
18% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 3.2% — 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 5.4%/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 5.4%/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 20185, Virginia
Upperville is a rural community with very low reported crime rates, significantly below both state and national averages.
The area is served by Fauquier County Public Schools, which generally maintain high performance ratings and strong community support.
The ZIP code has a moderate risk of flooding in low-lying areas near Goose Creek and requires standard property insurance coverage for rural Virginia.
Economic momentum is driven by the equestrian industry, high-end residential development, and proximity to Northern Virginia employment hubs.
Property taxes are assessed by Fauquier County based on fair market value; there are no special municipal districts, but agricultural land use exemptions are common.
Commuting to the Washington D.C. metro area is primarily via US-50, with drive times typically exceeding 60-90 minutes depending on traffic.
The area features extensive equestrian trails, proximity to the Blue Ridge Mountains, and historic village shopping in Upperville.
The rental market is limited in depth, consisting mostly of single-family homes and estate properties with low turnover and high demand for luxury rural living.
The local economy is anchored by the equestrian industry, agriculture, and high-end tourism, with many residents commuting to professional services in Northern Virginia.
Transportation is entirely dependent on private vehicles, with US-50 serving as the primary arterial road for regional access.
Development is strictly managed by county zoning to maintain the rural character of the Piedmont region.
Fauquier County assesses property at 100% of fair market value with annual reviews.
Parcels are subject to county-wide school and general government levies; no significant MUD/PID districts exist.
Property insurance premiums are stable but reflect the rural nature of the area and potential for wildfire or storm-related damage.
Net domestic migration is positive, driven by professionals moving from the D.C. metro area for more space.
Virginia is a non-judicial foreclosure state with relatively fast timelines for lenders.
Virginia is a 'caveat emptor' state, though sellers must provide a standard residential property disclosure statement.
Data retrieved from data.census.gov for ZCTA 20185.
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.
Historic annual equestrian event that serves as a major community anchor.
Scenic waterway providing recreational opportunities and protected green space.
Historic site and architectural landmark in the village center.
Key-figure check: median price diverges 72.4% from the nearest retained anchor (published ten-year series (2024)) — 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 $1,250,000 (72.4% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $1,250,000 (+72.4% vs the published ten-year series (2024)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.