Market Statistics

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FAAR Monthly Housing Market Press Release

Narrative about the market produced each month by FAAR

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Detailed quarterly report exploring housing, employment, and business data points broken down by locality

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Rent Map Q4 2024
07 11 2025 June Market Statistics

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Market News

Regional home prices tick up again

The regional median home price was up again in June, with all but two localities in the FAAR footprint seeing increases.  The median sold price settled at $480,000 this month compared to $474,093 in June of 2024, representing a 1% year-over-year increase.  Units sold...

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Local real estate market sends mixed signals in May

The local real estate market in May continued to post higher rates of inventory than in the past, but also posted the highest median price ever on record.  May saw the month close out with a chart-topping median price of $489,900 compared to $474,000 a year ago, a...

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Update on King George Downzoning

The King George County Board of Supervisors appointed a subcommittee, the Zoning Ordinance Text Amendment Committee or ZOTAC, to review options for managing growth in the County including the Board's original proposal for a drastic downzoning in the County that would...

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Local Real Estate Prices Continue to Rise Despite Uncertainty

The February real estate market continued the trend of increasing prices paired with varying demand across the local footprint. The regional median price soared nearly 6% in February of 2025, coming in at $460,000 compared to $435,000 last year. While prices remained...

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FAAR Sends Letter of Concern on King George Septic Issue

It has recently come to our attention that Stafford County is no longer accepting wastewater from King George County, forcing local citizens to pay higher costs to have their septic systems pumped or inspected.  Since there is no wastewater processing capacity for...

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