The story of this market
The typical home in ZIP 22560 sells for about $300,000, or $185 per square foot.
Prices are up +1.5% from a year ago, so sellers still have some momentum. Homes take about 59 days to sell. HUD's fair market rent for a two-bedroom is $977 a month.
ZIP 22560 — Tappahannock
The 22560 housing market is currently stable, characterized by moderate inventory levels and steady pricing. Demand is supported by local employment anchors, though the rural nature of the area limits rapid appreciation. Most activity is driven by local buyers seeking single-family homes with river access.
This ZIP is well-suited for families and retirees seeking a quiet, river-oriented lifestyle. It appeals to those who value community-focused living over urban density and are comfortable with a rural commute.
Median prices moved up 1.5% year over year.
Homes spend a median of 59 days on market with 4.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 10.8% — a stable, low-distress profile.
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 5.5%/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 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 22560, Essex County VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Tappahannock are generally consistent with rural Virginia averages, with property crime being the primary concern. Local law enforcement maintains a visible presence in the town center to mitigate risks.
Schools serving the area are part of the Essex County Public Schools system, which provides foundational education for the region's youth. Performance metrics are generally aligned with state averages for rural districts.
The area faces moderate flood risk due to its proximity to the Rappahannock River. Property owners should consult FEMA flood maps for specific parcel-level exposure.
Economic momentum is driven by local government, healthcare, and retail services centered in Tappahannock. Infrastructure improvements along the Richmond Highway corridor support regional connectivity.
Property taxes are assessed by Essex County based on fair market value. The jurisdiction utilizes a standard real estate tax rate applied to all residential parcels, with no major special district surcharges reported.
Commuters typically face a 30-40 minute drive to reach larger employment hubs in the region. Public transit options are limited, necessitating personal vehicle reliance.
The area offers significant riverfront access, including public boat ramps and beaches along the Rappahannock. Local parks and historic sites in Tappahannock provide primary outdoor and cultural amenities.
The rental market is characterized by moderate demand and limited inventory. Vacancy pressure remains low, with a mix of long-term residential rentals and limited short-term vacation interest.
The local economy is anchored by the public sector, healthcare services, and regional retail. It serves as the primary commercial hub for Essex County.
Transportation is dominated by the Richmond Highway (US-17) corridor, which serves as the main artery for regional travel.
Development is focused on maintaining the historic character of Tappahannock while allowing for modest residential expansion.
The Essex County Commissioner of the Revenue oversees property assessments, which are conducted periodically to reflect market value changes.
Parcels are subject to standard county-level school and general fund levies; no significant MUD or PID districts are currently active.
Property insurance premiums are influenced by the area's flood risk profile, with standard coverage available through regional providers.
Virginia is a non-judicial foreclosure state, allowing for relatively efficient trustee sales following proper notice periods.
Virginia requires sellers to provide a residential property disclosure statement, though it is largely a 'caveat emptor' state regarding the condition of the property.
Data retrieved from US Census Bureau and SimpleMaps ZCTA-level datasets.
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.
Provides boating, fishing, and recreational beach access.
Central green space for community events and recreation.
Local 18-hole course serving the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.