HousingHandbookReference data

U.S. ZIP Code · VA20198

Fauquier County · Washington-Arlington-Alexandria, DC-VA-MD-WV

Typical home value

$961,288[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.6%
5-year / yr
+4.9%
10-year / yr
+5.3%

Relative price

vs U.S.
+238.4%
vs metro
+63.7%
vs state
+192.8%
ZIP 20198 location in VA
Location of ZIP 20198 in VA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 20198 is worth $961,288 — 63.7% above the Washington-Arlington-Alexandria, DC-VA-MD-WV median. Over the past year, values have risen 5.6%. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.6%[3]
Typical annual tax
$5,295[3]

#Climate risk

FEMA National Risk Index ratings for Fauquier County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Relatively Low
Tornado
Very Low
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
2,251[3]
Median household income
$106,518[3]

#Migration

Household moves in and out of Fauquier County over a year, from IRS tax-return data.

Net migration
+83[5]
Moved in
2,463
Moved out
2,380

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • W.G. Coleman Elementary

    Elementary · Grades PK–5 · Fauquier County Public Schools

    318 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$4,861
Loan principal$769,030
Down payment$192,258
Total interest paid$980,855

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$6,102
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
78th percentile[1]
Rental yield
[2]
Property tax
12th percentile[3]

Frequently asked

How much is a home worth in ZIP code 20198?
The typical home in 20198 is worth $961,288, based on the Zillow Home Value Index.
Are home values rising in 20198?
Home values in 20198 are up 5.6% over the past year, and up 4.9% a year over five years.
What is the property tax rate in 20198?
The effective property tax rate in 20198 is 0.6% — roughly $5,295 a year on a typical home.
Who lives in 20198?
ZIP code 20198 has a population of 2,251 and a median household income of $106,518.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Rectortown CDP, VA

    Typical home
    $971,455
    Gross yield
  • Idylwood CDP, VA

    Typical home
    $946,013
    Gross yield
    3.2%
  • Ashton-Sandy Spring CDP, MD

    Typical home
    $982,936
    Gross yield
  • Hamilton, VA

    Typical home
    $984,064
    Gross yield
  • Fort Hunt CDP, VA

    Typical home
    $992,913
    Gross yield
  • Ashton-Sandy Spring CDP, MD

    Typical home
    $925,871
    Gross yield

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