October's First-Time Homebuyer Report for 23507 Zip Code

The 23507 zip code is much older than the rest of Virginia, with a median age of 24. It's affluent as well, with a median income of $59,484 per household. The 23507 zip code market is mostly made up of condos and townhouses, currently accounting for 33% overall. Heading the list of top schools in the zip code is School of Intern'L Studies at Meadowbrook.

Price Range

The median value of homes in the 23507 zip code is $315,000, making it one of the most valuable areas in Virginia. At the same time, the average list price of available homes is presently $352,855.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 23507 zip code:

$799K   $299K   $1.1M  

Typical Dwelling

The typical dwelling in the 23507 zip code is a two-bedroom condo worth about $193,894. To purchase a similar home, a buyer with good credit and a $38,779 cash down payment could obtain a mortgage with a 3.95% interest rate and a $928 monthly payment. The property tax rate is $13.43 per $1,000 of taxable assessed value.

Get started right now by checking out 23507 homes for sale or reviewing 23507 real estate trends.


Data reported through 10/13/2016

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Ask a local expert about this area:
Nancy Chandler Associates Inc.
Snapped 1 home in this area
Nancy Chandler Associates Inc.
Snapped 1 home in this area
Long & Foster Real Estate Inc.
Snapped 2 homes in this area

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