New Downward Trend in Price Cuts for 22727 Zip Code Real Estate Market

The 22727 zip code market saw sales remain steady this week at three homes sold over the last 30 days, while it undergoes an emerging downward trend in price reductions, with five in the same time frame. While the number of sellers reducing prices were soft, months of inventory hit 17, extending an upward trend to nearly three months. With decreasing sales and the availability of so much inventory, the 22727 zip code is a solid buyer's market.

Want to get a head start on other buyers? Check out these new listings in the 22727 zip code:

$265K   $395K   $189K  

Get started right now by checking out 22727 homes for sale or reviewing 22727 real estate trends.

Demographic facts for the 22727 zip code:

  • The median value of all homes is $132,000.
  • The area gets 99 rainy days a year. (U.S. average: 100)
  • The area's unemployment rate is 4.3%.
  • For every teacher there are 12.6 students in this area. (15.3 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Better Homes & Gardens Real Estate III
Snapped 2 homes in this area
Roy Wheeler Realty Co.
Snapped 6 homes in this area
RE/MAX New Horizons
Snapped 2 homes in this area

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