January's First-Time Homebuyer Report for 22742 Zip Code

22742 is a smaller-than-average zip code in Virginia with 1,727 residents. Its population is also growing faster than others at a 10-year growth rate of 17.0%. It should be noted that at 78.6%, most people own their homes in the 22742 zip code.

Price Range

Some of the more expensive homes in Virginia are in the 22742 zip code with a median home value of $303,000 and an average list price for available homes currently at $316,486. In this week's report, the number of homes sold in the 22742 zip code market slid to one over the past 30 days. It marked a decrease of 50.0% from last week's report and a fall below the monthly average.

Out of all the listings in the 22742 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$249K  

Typical Dwelling

The typical dwelling in the 22742 zip code is a three-bedroom detached home worth about $273,757. To purchase a similar home, a buyer with good credit and a $54,751 cash down payment could obtain a mortgage with a 3.95% interest rate and a $246 monthly payment. The property tax rate is $9.34 per $1,000 of taxable assessed value.

Get started right now by checking out 22742 homes for sale or reviewing 22742 real estate trends.


Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
Fathom Realty
13 reviews
Long & Foster Real Estate, Inc.
Snapped 1 home in this area

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