New Growth Trend in Price Cuts for 22724 Zip Code Real Estate Market

The number of price cuts in the 22724 zip code market climbed to three over the last 30 days, furthering an identifiable positive trend. Perhaps due to the decreases in list prices, sales increased to seven homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices went up in the 22724 zip code, with the median for this period rising from $332,750 to $395,000. With just one month of inventory available and sales going up, the 22724 zip code is a strong seller's market.

Looking to get the most out of your money? Check out these bargain listings in the 22724 zip code that recently had price cuts:

$412K   $425K   $400K  

Get started right now by checking out 22724 homes for sale or reviewing 22724 real estate trends.

Demographic facts for the 22724 zip code:

  • The average age of the population is 42 years old.
  • The health cost index score in this area is 101.9. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (11.2%), 15-29 min (23.9%), 30-44 min (8.1%), 45-59 min (13.1%), >60 min (43.6%).

Data reported through 10/12/2016


Ask a local expert about this area:
Fathom Realty
13 reviews
Berkshire Hathaway HomeServices Select Realty
Snapped 2 homes in this area
Berkshire Hathaway HomeServices PenFed Realty
Snapped 1 home in this area

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