Front Royal, VA22630

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$387,000
3.0% YoY Growth
Median Household Income
$84,500
31.2% 5-Year Growth
Days on Market
40
16.0% Shorter than last year
Home Price Forecast
-0.2%
Median Rent
$2,600
17.9% YoY Growth
1-Bed Rent
$1,150
12.7% YoY Growth
2-Bed Rent
$1,600
0.6% YoY Growth
3-Bed Rent
$2,600
17.1% YoY Growth

Property Listings — Front Royal, VA

As of Oct '25, Realtor.com reports that the median days on market for a home in Front Royal, VA is 40. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$484,000-6.0%
Listing Count
1853.0%
Listings as % of Homes0.9%3.0%
Days on Market
40-16.0%
Loading chart...

Demographics — Front Royal, VA

As of the latest ACS Survey released in 2023, Front Royal, VA has a population of 35,200, which has increased by 8.7% over the past 5 years. Front Royal, VA is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 25.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
35,2008.7%
% Under 18
20.7%-8.4%
% Seniors
17.9%13.3%
% WFH
13.4%106.2%
% w/ College Degree
25.9%20.5%
Loading chart...

As of the latest ACS Survey released in 2023, Front Royal, VA is a predominantly white area, with 81.2% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Front Royal, VA is hispanic, making up 6.6% of the population. Foreign-born residents account for 6.5% of the population in Front Royal, VA, and this percentage has increased by 75.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
81.2%-4.0%
% Black
5.7%32.6%
% Hispanic
6.6%15.8%
% Asian
2.2%120.0%
% Foreign Born
6.5%75.7%
Loading chart...

Mortgage and Risk — Front Royal, VA

According to HUD data as of 2023, there were 689 mortgage originations in Front Royal, VA, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Front Royal, VA. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
689
% Conventional Loans
69.0%
% Government Loans
31.0%
% Investor Loans
2.0%
% Second Loans
2.0%
% Cash Out Refinance
15.0%

Loan Activity

Loading chart...
Loading chart...

Rentals and Section 8 — Front Royal, VA

As of 2024, the percent of homes in Front Royal, VA under the Section 8 program is 6.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Front Royal, VA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
225
Total Units Section 8
225
% Rentals under Section 8
6.3%
% Occupied Section 8
92.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$170$1,150$980
2 Bedroom-$320$1,600$1,280
3 Bedroom-$890$2,600$1,710
4 Bedroom-$650$2,800$2,150

Affordability — Front Royal, VA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4
Median Home Price$387,000
Median Household Income$84,500

Front Royal, VA — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions