22701 Zip Code's October First-Time Homebuyer Report

The 22701 zip code is a zip code in Virginia with a median income of $57,421 per household. Besides being affluent, its population is much older than others with a median age of 36 years. The 22701 zip code market is almost exclusively made up of detached houses, which currently account for 95% of the homes for sale in the area. The top school in the zip code is Emerald Hill Elementary School.

Culture

If you're into the outdoors, great attractions in 22701 include Yowell Meadow Park and Powell Wellness Center, according to Foursquare. You might also try Regal Cinemas Culpeper 4 and State Theatre, a few popular destinations for entertainment. And finally, recommended places to eat are Chick-fil-A, Glory Days Grill, and It's About Thyme.

Price Range

Home values in the 22701 zip code are generally in line with others in the state with a median home value of $175,000 and an average list price of $316,741. The number of homes coming into the 22701 zip code market climbed to 52 listings over the last 30 days, while sales remained right where they were as once again 40 homes were sold over the same period.

Make sure you take a look at these eye-catching homes in the 22701 zip code that generated the most views from potential buyers:

$280K   $224K   $1.6M  

Typical Dwelling

A three-bedroom detached home valued around $343,497 is considered a typical dwelling in the 22701 zip code. If a buyer was looking for a similar home, they would need good credit and a $68,699 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,259 and the property tax rate is $7.29 per $1,000 of taxable assessed value.

Get started right now by checking out 22701 homes for sale or reviewing 22701 real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Fathom Realty
13 reviews
Long & Foster Real Estate, Inc.
Snapped 15 homes in this area
Snapped 3 homes in this area

Agents that specialize in this area
3 snaps in this area
2 snaps in this area
2 snaps in this area
1 snap in this area
1 snap in this area
1 snap in this area
1 snap in this area
1 snap in this area
1 snap in this area
1 snap in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.