Stephenson, Virginia.
Typical home $455,583 (+0.5% in a year), asking rent $2,425 . Winchester, VA-WV metro.
to buy the typical home at today's mortgage rate — +$1,208 (+102%) since Jan 2020.
- 1 year
- Up $2,328 +1%
- $453,255$455,583 since Sep 2025
- 5 years
- Up $64,470 +16%
- $391,113$455,583 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Stephenson$2,391
- Virginia$2,164
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 23 years.
Typical home values in Stephenson, VA rose 0.5% over the past year — slower than the nation's +1.2%.
Living in Stephenson, Frederick County, Virginia
The Census does not count Stephenson on its own, so the figures here are Frederick County's. Half the county's households earn more than $97,606 a year and half less; 7% of the county's people live below the poverty line. 79% of the county's homes are lived in by their owners and 21% are rented. Unemployment in Frederick County was 3.4% in August 2026, and the county had 2.8% fewer jobs in 2025 than the year before. The most people in Frederick County work in schools and health care, then professional services.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Stephenson is a community in Frederick County, in the Shenandoah Valley of northern Virginia. Most homes here are lived in by their owners, and the county's population is middle-aged, with many residents who have settled in for the long run. Winters are cold and summers are warm, and the area gets a good deal of rain and melted snow over the year.
Work. Across Frederick County, the largest groups of workers are in schools, hospitals and social care, professional and business services, manufacturing, and shops. Unemployment crept up slightly over the past year, and the number of jobs dipped a little in the most recent full year. Most residents still travel to a workplace each day, and fewer people work from home than the national picture might suggest.
Things to do. The Shenandoah River is the best known of the nearby waterways, and it is a longer drive away, so it makes a good day trip. Harpers Ferry National Historical Park, a protected area, is also a longer drive away and suits those who enjoy history and open land. For something closer to home, Glen Burnie, a museum a short drive away, is an easy outing.
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- 35,385households
- 40.8median age
- 32%of adults have a degree
- 7%below the poverty line
- 32 mintypical commute
- 12%work from home
What people in Frederick County work in
Employed residents by industry, from the Census survey. Frederick County had 38,290 jobs in 2025, 2.8% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 42° and lows near 21°; warmest in July, with highs near 87° and lows near 63°. About 40 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Winchester Southeast weather station, 3 miles away (NOAA).
Largest workplaces in Frederick County
- AmazonGeneral warehousing and storage952
- TrexWood - composite manufacturing934
- American WoodmarkCabinets, kitchen, stock or custom wood, manufacturing883
- Kraft Heinz Foods Company WinchesterBeverages, fruit and vegetable drinks, cocktails, and ades, manufacturing725
- HP HoodMilk, fluid, manufacturing627
- Laurel Ridge Community CollegeTwo-year college535
- WalmartWarehouse clubs and supercenters398
- Kohl's334
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 110 workplaces with 20 or more staff, 12,786 people in all. Colleges come from IPEDS (NCES, 2023–24). Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- DroughtRelatively moderate
- Winter weatherRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Frederick County, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Frederick County and the Winchester, VA-WV metro.
Stephenson home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Stephenson$455,583
- Virginia$412,252
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Stephenson listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Stephenson35.41%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Stephenson25
New listings per month
Sellers arriving at the market.
- Stephenson9
Zip codes with a Stephenson address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Stephenson — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.