23507 Zip Code Real Estate Market Hits Weakness in Price Cuts

Over the past 30 days, there have been fewer price cuts in the 23507 zip code market, continuing a three-week declining trend to land at eight. Home sales were also down to seven over the same period. As the number of sellers reducing prices trended down, prices also took a turn lower, with the median sales price falling to a three-month low at $177,000. The 23507 zip code is a solid buyer's market, due to falling prices and a large nine months of inventory left.

If price is the most important factor in your decision, these are some inexpensive homes being listed in the 23507 zip code:

$124K   $162K   $164K  

Get started right now by checking out 23507 homes for sale or reviewing 23507 real estate trends.

Demographic facts about the 23507 zip code:

  • This area has an affordability rating of 37. (Scale: 1 = Worst, 100 = Best)
  • The area gets 47.8 inches of rain a year. (U.S. average: 36.5)
  • This area has an income per capita of $42,989.
  • The area's school rating is 65. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Nancy Chandler Associates Inc.
Snapped 1 home in this area
Nancy Chandler Associates Inc.
Snapped 1 home in this area
Long & Foster Real Estate Inc.
Snapped 2 homes in this area

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