23702 Zip Code's October First-Time Homebuyer Report

23702 is a zip code that is growing slower than others in Virginia at a 10-year growth rate of -5.3%. It also has a larger than average population of 11,291 people. The 23702 zip code is made up of homes that are considered older than most with a median of 55 years. Heading the list of top schools in the zip code is Moyock Elementary School.

Price Range

Homes in the 23702 zip code are generally less expensive than others in the state with a median home value of $87,500 and an average list price of $119,871. While home sales in the 23702 zip code market have been above average, in this week's report they slid 5.6% to 17 homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 23702 zip code:

$139K   $170K   $120K  

Typical Dwelling

The typical dwelling in the 23702 zip code is a three-bedroom detached home worth about $101,076. To purchase a similar home, a buyer with good credit and a $20,215 cash down payment could obtain a mortgage with a 3.95% interest rate and a $702 monthly payment. The property tax rate is $12.48 per $1,000 of taxable assessed value.

Get started right now by checking out 23702 homes for sale or reviewing 23702 real estate trends.


Data reported through 10/13/2016

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Long & Foster Real Estate Inc.
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