22003 Zip Code Real Estate Market Continues Weakness in Price Cuts

This week in the 22003 zip code market, sales fell to 38 homes sold over the last 30 days, coinciding with a determined downward trend in price reductions, with 16 in the same time frame. Prices are falling in the 22003 zip code, and this period the median price of all sales fell from $490,000 to $452,500. There are only two months of inventory available in the 22003 zip code, so it's a solid seller's market, even with the decrease in sales.

Trying to find a home in the 22003 zip code that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$1.2M   $1.4M   $1.3M  

Get started right now by checking out 22003 homes for sale or reviewing 22003 real estate trends.

Demographic facts about the 22003 zip code:

  • The percentage of people who own their homes is 65.9%.
  • The one-year job growth rate in this area is 2.09%.
  • The student-to-teacher ratio is 10.8:1. (15.3:1 = national average)

Data reported through 1/11/2017

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