ZIP Code 22485 Housing Market

📝 Local Market Notes

ZIP code 22485 in King George County, Virginia, demonstrates a robust and consistent upward price trajectory over the past five years. The FHFA House Price Index (HPI) has risen from 208.15 in 2021 to 285.75 in 2025, representing a cumulative appreciation of approximately 37.3%. This steady climb indicates sustained demand within the sub-market, with annual gains accelerating modestly as interest rates remain elevated. The most recent year-over-year increase of 6.29% reflects continued resilience in home values despite the challenging mortgage environment. When compared to broader regional metrics, ZIP 22485 aligns closely with its parent county, which posted a 6.32% year-over-year gain. However, both figures significantly outpace the Virginia state average of 3.03%. This divergence suggests that King George County is experiencing localized demand drivers that exceed the state’s general market conditions. The near-identical performance between the ZIP and the county implies that 22485 is not an outlier but rather a representative segment of the county’s overall housing strength. In contrast, nearby ZIP 22443 shows a 3.74% decline, highlighting the specific resilience of the 22485 sub-market relative to other parts of the same jurisdiction. The sub-market character appears to be a stable, owner-occupied community with above-average income levels. With a median household income of $116,884 and a 76.2% owner occupancy rate, the area supports a strong base of equity holders. The county’s median home value of $428,300, combined with the high HPI index, suggests a market positioned above entry-level, catering to established households rather than first-time buyers or heavy rental populations. For prospective buyers or residents, the data indicates a market with strong value retention and low volatility. The consistent appreciation and alignment with county trends signal a reliable environment for long-term investment, though the 7.40% mortgage rate requires careful budgeting to maintain affordability relative to the rising price points.

Based on FHFA House Price Index data.