How much is a home worth in ZIP code 22601?

The typical home in 22601 is worth $359,219, based on the Zillow Home Value Index.

Are home values rising in 22601?

Home values in 22601 are up 3.6% over the past year, and up 5.6% a year over five years.

What is the typical rent in 22601?

A typical home in 22601 rents for about $1,621 a month, a gross rental yield of 5.4%.

What is the property tax rate in 22601?

The effective property tax rate in 22601 is 0.7% — roughly $2,605 a year on a typical home.

ZIP code 22601 has a population of 29,230 and a median household income of $64,258.

HousingHandbookReference data

…

U.S. ZIP Code · VA22601

Winchester city · Winchester, VA-WV

Typical home value

$359,219^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.6%
5-year / yr: +5.6%
10-year / yr: +6.0%

Relative price

vs U.S.: +26.5%
vs metro: +23.0%
vs state: +9.4%

Price history

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

The typical home in 22601 is worth $359,219 — 23.0% above the Winchester, VA-WV median. Over the past year, values have risen 3.6%. Homes here rent for a typical $1,621 a month — a 5.4% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent: $1,621^[2]
Gross yield: 5.4%^[2]
Cap rate: 3.2%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $2,605^[3]

#Climate risk

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

Overall risk: Very Low^[4]
Riverine flood: Very Low
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively Low
Hurricane: Relatively Low
Tornado: Very Low
Earthquake: Relatively Low
Winter weather: Relatively Low

#Who lives here

Population: 29,230^[3]
Median household income: $64,258^[3]

#Migration

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

Net migration: -43^[5]
Moved in: 1,546
Moved out: 1,589

Schools

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

Public schools: 8
Elementary: 4
Middle: 3
High: 1

John Handley High
High · Grades 9–12 · Winchester City Public Schools
1,355 students
James Wood Middle
Middle · Grades 6–8 · Frederick County Public Schools
834 students
John Kerr Elementary
Elementary · Grades PK–4 · Winchester City Public Schools
604 students
Daniel Morgan Intermediate
Middle · Grades 5–6 · Winchester City Public Schools
600 students
Daniel Morgan Middle
Middle · Grades 7–8 · Winchester City Public Schools
589 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.

Home value$Monthly rent$

Gross yield5.4%

Net yield (after ~40% expenses)3.2%

Annual rent$19,447

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,816

Loan principal$287,375

Down payment$71,844

Total interest paid$366,531

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.44

Monthly cost to own$2,334

Monthly rent$1,621

Renting is meaningfully cheaper month-to-month.

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: 36th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 100th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 22601?: The typical home in 22601 is worth $359,219, based on the Zillow Home Value Index.
Are home values rising in 22601?: Home values in 22601 are up 3.6% over the past year, and up 5.6% a year over five years.
What is the typical rent in 22601?: A typical home in 22601 rents for about $1,621 a month, a gross rental yield of 5.4%.
What is the property tax rate in 22601?: The effective property tax rate in 22601 is 0.7% — roughly $2,605 a year on a typical home.
Who lives in 22601?: ZIP code 22601 has a population of 29,230 and a median household income of $64,258.

#Comparable ZIPs

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

26865 vs 22601 →
WV
Typical home
$314,725
Gross yield
—
22655 vs 22601 →
Stephens City, VA
Typical home
$406,968
Gross yield
6.6%
26711
Capon Bridge, WV
Typical home
$301,600
Gross yield
—
22602
Shawneeland CDP, VA
Typical home
$420,953
Gross yield
5.9%
25437
WV
Typical home
$293,491
Gross yield
—
22654
VA
Typical home
$425,056
Gross yield
—

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 22601 against any other ZIP — full side-by-side table.

Compare 22601 →

#Jump to section

U.S. ZIP Code · VA22601

Get more data on ZIPs like this

Get more data on ZIPs like this