23927 Zip Code First-Time Homebuyer Report for October

The 23927 zip code has a much younger population than other areas in Virginia with a median age of 51 years. It is also somewhat affluent with a median income of $47,115 per household. The 23927 zip code market almost exclusively consists of detached houses, accounting for 95% of the current homes in the area.

Price Range

Home values in the 23927 zip code are generally in line with others in the state with a median home value of $155,000 and an average list price of $299,166. With three homes sold in the 23927 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with seven new listings for buyers to choose from.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 23927 zip code:

$340K   $339K   $187K  

Typical Dwelling

A three-bedroom detached home valued around $304,376 is considered a typical dwelling in the 23927 zip code. If a buyer was looking for a similar home, they would need good credit and a $60,875 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $634 and the property tax rate is $4.29 per $1,000 of taxable assessed value.

Get started right now by checking out 23927 homes for sale or reviewing 23927 real estate trends.


Data reported through 10/13/2016

Comments:


©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.