Housing Insights for ZIP Code 20115 (Marshall, VA)

Housing Summary for ZIP Code 20115

Homeowners

The median home value in ZIP Code 20115 (Marshall, VA) is $468,100. Approximately 70.9% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 2.3%.

The average occupancy of owner-occupied units in ZIP Code 20115 is 2.80 occupants, while owner-occupied units have an aggregate average size of 3.16 bedrooms per housing unit.

Renters

In the 20115 ZIP Code, an estimated 29.1% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 2.98 occupants, while renters in this Fauquier County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 20115

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 20115.

ZIP 20115 Virginia U.S.
Median Home Value $468,100 $402,453 $365,011
Owner-Occupied Housing Units 70.9% 66.3% 64.0%
Homeowner Vacancy Rate 2.3% 1.5% 1.6%
Average Size of Owner-Occupied Unit 2.80 2.67 2.70
Average # of Bedrooms Per Unit 3.16 2.97 2.75
Median Housing Rent $0 $1,234 $1,062
Renter-Occupied Housing Units 29.1% 33.7% 36.0%
Rental Vacancy Rate 0.0% 5.4% 6.0%
Average Size of Renter-Occupied Unit 2.98 2.48 2.49
Percent of Income Spent on Rent 0% 29.45% 29.83%

Home Values in ZIP Code 20115 (Marshall, VA)

The median home value in ZIP Code 20115 is $468,100. That median value is about 71% higher than the median home value of $273,100 in Virginia overall, and is 115% higher than the $217,500 the median home value in the entire U.S. Approximately 43.4% of homes in ZIP Code 20115 are valued $300,000 to $499,999. That is 76% higher than in the state ofVirginia, where 24.6% of homes are valued at $300,000 to $499,999, and is about 125% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 20115 homes fall into is $100,000 to $149,999 (0.0% of homes).

Home Values in ZIP Code 20115

This chart visualizes the breakdown of home values in ZIP Code 20115, Virginia, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 20115 vs. home values in both the state of Virginia and in the U.S. overall.

Home Values in ZIP Code 20115

See the table below for a regional comparison of home values in ZIP Code 20115.

Home Value ZIP 20115 Virginia U.S.
Less than $50,000 0.2% 4.3% 6.9%
$50,000 to $99,999 0.0% 6.7% 12.0%
$100,000 to $149,999 0.0% 9.7% 13.3%
$150,000 to $199,999 2.3% 13.0% 14.0%
$200,000 to $299,999 8.9% 21.7% 19.6%
$300,000 to $499,999 43.4% 24.6% 19.3%
$500,000 to $999,999 30.2% 17.1% 11.4%
$1,000,000 or more 15.1% 2.9% 3.4%

Home Ages in ZIP Code 20115 (Marshall, VA)

Approximately 27.1% of homes in this Marshall, VA region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 20115 is about 266% higher than percentage of homes built in this time period in Virginia overall (7.4% of homes), and is 115% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 16.5% of local homes were built in 1980 to 1989. On the other end of the scale, just 1.1% of homes in this Fauquier County ZIP Code were built in 2010 to 2013 in ZIP Code 20115. In comparison, 3.2% of homes in Virginia overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 20115

A detailed regional comparison of home ages in ZIP Code 20115.

Year Built ZIP 20115 Virginia U.S.
2014 or later 2.3% 2.6% 2.5%
2010 to 2013 1.1% 3.2% 2.7%
2000 to 2009 14.3% 15.2% 14.0%
1990 to 1999 14.0% 15.8% 13.9%
1980 to 1989 16.5% 16.4% 13.4%
1970 to 1979 12.7% 15.7% 15.2%
1960 to 1969 6.4% 10.6% 10.6%
1950 to 1959 3.4% 8.8% 10.3%
1940 to 1949 2.2% 4.4% 4.9%
1939 or earlier 27.1% 7.4% 12.6%

Age of Homes in ZIP Code 20115

See the chart below for details on the age of homes in ZIP Code 20115, Virginia, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 20115

Frequently asked questions about housing in this Marshall, VA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 20115.

1

What is the average home value ZIP Code 20115?

The median home value in ZIP Code 20115 (Marshall, VA) is $468,100.
2

Are homes expensive in ZIP Code 20115?

The median home value in 20115 ($468,100) is an estimated 71% higher than the aggregate median value of $273,100 in Virginia, and is 115% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 20115?

The vacacy rate for owner-occupied housing in ZIP Code 20115 is 2.3%. This rate is 53% higher than the overall Virginia owner-occupied vacancy rate of 1.5%. Additionally, the 20115 vacancy rate is 44% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 20115 have older homes or newer construction?

In ZIP Code 20115, about 27.1% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 16.5% of homes in the region were built in 1980 to 1989. In contrast, 1.1% of homes in 20115 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 20115? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 20115 than renter-occupied housing. Owner-occupied units make up 70.9% of housing, compared to 29.1% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 20115?

The vacacy rate for rental units in ZIP Code 20115 is 0.0%. This rate is 100% lower than the overall Virginia vacancy rate of 5.4%. Additionally, the 20115 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.