January's First-Time Homebuyer Report for 23111 Zip Code

With 36,428 residents, 23111 is a larger than average zip code in Virginia. Also, with an 18.9% increase over the last 10 years, its population is growing faster than other parts of the state. It should be noted that at 76.8%, most people own their homes in the 23111 zip code. The top school in the zip code is Rural Point Elementary School.

Culture

According to Foursquare, TGI Fridays is the most popular spot to grab a drink in 23111. If you'd like to grab some coffee, a popular spot is Tropical Smoothie Caf. Lastly, Kroger, CVS/pharmacy, and Food Lion Grocery Store are well-known places to shop.

Price Range

The median value of homes in the 23111 zip code is $184,000, making it one of the most valuable areas in Virginia. At the same time, the average list price of available homes is presently $261,380. The 23111 zip code market hit a low, with a record low 32 homes sold in the last 30 days. Sales showed a 3.0% downturn from the prior period, returning to a low not seen since April.

Curious as to which homes have been getting the most attention in the 23111 zip code? These listings have stirred up interest and produced the most views:

$180K   $249K   $172K  

Typical Dwelling

The typical dwelling in the 23111 zip code is a three-bedroom detached home worth about $213,966. To purchase a similar home, a buyer with good credit and a $42,793 cash down payment could obtain a mortgage with a 3.95% interest rate and a $969 monthly payment. The property tax rate is $6.41 per $1,000 of taxable assessed value.

Get started right now by checking out 23111 homes for sale or reviewing 23111 real estate trends.


Data reported through 1/12/2017

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