October's First-Time Homebuyer Report for 20120 Zip Code

With 40,928 residents, 20120 is a larger than average zip code in Virginia. Also, with a 19.9% increase over the last 10 years, its population is growing faster than other parts of the state. With a median age of 20 years, homes in the 20120 zip code tend to be of moderate age. The best school in the zip code is Mountain View Alternative High School.

Culture

According to Foursquare, if shopping is your thing, you might enjoy Giant, Giant Grocery Store, and Dollar Tree. If you like outdoor activities, some popular spots are Life Time Fitness and Ellanor C Lawrence Park. And finally, recommended places to eat are Eggspectation, Texas Roadhouse, and Carrabba's Italian Grill.

Price Range

The 20120 zip code has some of the more expensive homes in the state with a median home value of $333,300 and a current average list price of $541,349. In this week's report, the number of homes sold in the 20120 zip code market slid to 50 over the past 30 days, a decrease of 12.3% from last week's report, but still above the monthly average.

Make sure you take a look at these eye-catching homes in the 20120 zip code that generated the most views from potential buyers:

$464K   $289K   $649K  

Typical Dwelling

The typical dwelling in the 20120 zip code is a three-bedroom townhouse worth about $361,912. To purchase a similar home, a buyer with good credit and a $72,382 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,863 monthly payment. The property tax rate is $10.67 per $1,000 of taxable assessed value.

Get started right now by checking out 20120 homes for sale or reviewing 20120 real estate trends.


Data reported through 10/13/2016

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