The story of this market
The typical home in ZIP 20184 sells for about $785,000, or $450 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,242 a month.
ZIP 20184 — Upperville
The Upperville housing market is a low-volume, high-value niche characterized by significant secondary-home ownership and limited inventory. Market data is sparse due to the small population, and the high vacancy rate reflects the area's status as a rural retreat rather than a primary residential hub. Prices remain stable but are driven by land value and estate-level demand rather than typical suburban market dynamics.
This ZIP is best suited for high-net-worth individuals seeking rural estates, equestrian properties, or secondary homes, rather than commuters or traditional investors.
Median prices moved up 2.5% year over year.
Homes spend a median of 120 days on market with 8.5 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.2% · poverty 34.0% — elevated distress and economic pressure.
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 3.9%/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 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 20184
Schools serving the Upperville area are generally well-regarded, reflecting the rural, affluent character of the surrounding Loudoun and Fauquier county regions.
The area is primarily rural with standard regional risks for wind and storm damage; flood risk is localized to specific creek beds.
Development is highly restricted by conservation easements and rural zoning, limiting large-scale infrastructure or corporate expansion.
Property taxes are assessed at the county level in Loudoun and Fauquier; the area is characterized by low density and lacks significant special district (MUD/PID) infrastructure.
Commuting to the Northern Virginia employment core is a significant drive, typically exceeding 60 minutes via US-50.
The area is defined by equestrian culture, rolling countryside, and proximity to the Blue Ridge Mountains, with limited commercial shopping within a 3-mile radius.
The rental market is extremely thin with high vacancy rates, often driven by seasonal or secondary-home ownership rather than traditional long-term rental demand.
The local economy is dominated by agriculture, equestrian services, and high-end residential management, with most professional employment located outside the ZIP.
Development is strictly limited by regional land-use policies and conservation easements.
Parcels are primarily served by standard county-level services with minimal special district overlap.
Insurance premiums are influenced by the rural nature of the area and the high value of residential improvements.
Data retrieved from ZCTA-level census tables; vacancy rates reflect high secondary-home ownership.
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 equestrian event that serves as a major cultural anchor for the community.
Nearby state park offering extensive hiking trails and scenic mountain views.
Key-figure check: median price diverges 52.9% 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 $1,200,000 (52.9% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $1,200,000 (+52.9% 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.