New Weakening in Home Prices for 23116 Zip Code Real Estate Market

The 23116 zip code market was active in this week's report, as the number of home sales climbed 6.7%, pushing the total to 48 homes sold over the last 30 days. To put it in perspective, the close-by 23111 zip code registered 59 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $283,827, extending a four-week long spiral. With just two months of inventory available and sales going up, the 23116 zip code is a definite seller's market.

Trying to find a home at a bargain price? Take a look at these affordable homes in the 23116 zip code:

$153K   $164K   $199K  

Get started right now by checking out 23116 homes for sale or reviewing 23116 real estate trends.

Demographic facts about the 23116 zip code:

  • 18 years old is the median age of all the homes in the area.
  • This area usually gets 15.3 inches of snow each year. (U.S. average: 25)
  • The rating for job market growth is 61. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $5,317. ($5,691 = national average)

Data reported through 10/12/2016

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Ask a local expert about this area:
Joyner Fine Properties
Snapped 2 homes in this area

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