22306 Zip Code Real Estate Market Continues Downward Trend in Price Cuts

Sales in the 22306 zip code market fell to 20 homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with 25 price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price dropped to $344,250 over the latest reporting period for the 22306 zip code, down from $349,500. Despite the slip in sales, a relatively low three months of inventory indicates that the 22306 zip code is a seller's market.

If you're looking for a large number of bathrooms, take a look at these three homes in the 22306 zip code that offer the most of all available listings:

$849K   $849K   $1.3M  

Get started right now by checking out 22306 homes for sale or reviewing 22306 real estate trends.

Demographic facts for the 22306 zip code:

  • The average age of houses in this area is 35 years old.
  • The area gets an average of 15.4 inches of snow each year. (U.S. average: 25)
  • The job growth rating in this area is 59. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $7,251. ($5,691 = national average)

Data reported through 10/12/2016

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