Fauquier County, Virginia Housing Market

In Fauquier County, Virginia, the median home value is $573,700, with a median monthly rent of $1,613. This places Fauquier County at #94 nationally out of 3134 counties by median home value, and #7 within Virginia.

Median Home Value $573,700
Median Rent $1,613/mo
Owner Occupancy 78.8%
Price/Rent Ratio 29.6

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Fauquier County rose +6.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

19,477
jobs (private sector)
  • Avg weekly wage: $1,247
  • Establishments: 2,469
  • BLS QCEW, 2025
🏗️

Housing Supply

417
new units authorized (2025)
  • Single-family: 417
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1796
net migration (filers, 2021-2022)
  • Inflow: 30,539 (avg $131,477)
  • Outflow: 28,743 (avg $132,085)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Fauquier County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 22742 302.7 — 2025
2 22728 327.8 +10.42% 2025
3 20169 298.6 -1.65% 2025
4 20119 281.5 -2.08% 2025
5 22642 309.2 +12.59% 2025
6 20181 306.7 +5.97% 2025
7 20115 278.2 +12.93% 2025
8 22556 301.4 +5.73% 2025
9 22712 271.2 -1.68% 2025
10 20137 261.6 +4.72% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Fauquier County Compares

MetricFauquier CountyVirginia AverageU.S. Average
Median Home Value $573,700 $295,807 $227,706
Median Gross Rent $1,613 $1,169 $968
Owner Occupancy Rate 78.8% 70.8% 73.3%
Price/Rent Ratio 29.6 20.3 18.7

Market Analysis

The median home value in Fauquier County is 93.9% above the Virginia state average and 151.9% above the U.S. national average. The median rent of $1,613/month is 38.0% above the state average.

With a price-to-rent ratio of 29.6, Fauquier County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Fauquier County has an owner-occupancy rate of 78.8%, compared to 70.8% in Virginia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Gilpin County Colorado $573,900 $1,658
Larimer County Colorado $569,100 $1,716
Suffolk County New York $578,400 $2,255
Morris County New Jersey $582,500 $1,904
Whatcom County Washington $585,800 $1,555

Other Counties in Virginia

CountyMedian Home ValueMedian RentOwner Occ.
Clarke County $550,100 $1,371 81.5%
Prince William County $530,100 $2,067 74.3%
Rappahannock County $506,400 $1,290 73.4%
Goochland County $500,600 $1,614 84.9%
Albemarle County $495,400 $1,692 65.9%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).