22656 — Stephenson, VA Home Values
Typical home value $488,124 as of June 2026 · 2nd of 28 in Winchester, VA-WV
Blue: typical home value (Zillow ZHVI) in ZIP code 22656, June 2021 to June 2026. This page shows observed data only; no forecast.
How 22656 compares in the Winchester, VA-WV area
ZIP code 22656 (Stephenson, VA) has a typical home value of $488,124 as of June 2026, ranking 2nd of 28 ZIP codes tracked in the Winchester, VA-WV area, more expensive than about 96% of ZIP codes in the metro. Prices here have moved +0.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +20.5%, from $405,156 in June 2021 to $488,124 in June 2026. Against observed rent, the typical home here sells for 16.2× the annual rent ($2,517/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Winchester, VA-WV forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Winchester.
Population and demographics
ZIP code 22656 has a population of 5,162, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 75.6% White, 9.7% Asian, 7.3% Black or African American, 5.1% Hispanic or Latino, and 2.4% two or more races.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Jordan Springs Elementary | 315 Flyfoot Drive, Stephenson, VA | 0.6 mi |
| Redbud Run Elementary | 250 First Woods Dr, Winchester, VA | 2.1 mi |
| Stonewall Elementary | 3165 Martinsburg Pike, Clear Brook, VA | 2.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 22656?
$488,124 as of June 2026, the latest month Zillow has published observed data for.
Is 22656 an expensive ZIP code in the Winchester, VA-WV area?
22656 ranks 2nd of 28 ZIP codes in the Winchester, VA-WV area by typical home value, more expensive than about 96% of ZIP codes in the metro.
How much have home values in 22656 changed over the past year?
+0.7% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 22656?
The typical home price is 16.2× the observed annual rent in this ZIP code ($2,517/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 22656?
5,162, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 22656?
Jordan Springs Elementary (0.6 mi), Redbud Run Elementary (2.1 mi), Stonewall Elementary (2.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 22656?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Winchester, VA-WV forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.