$365K  
22503 is a zip code in Virginia, and is much less affluent than average with a median income of $34,023 per household. It's much younger than the rest of the state, with a median age of 51. With an ownership ratio of 57.9%, most people in the 22503 zip code are homeowners. Topping the list of best schools in the zip code is Lancaster High School.
Comments:

$125K  
The 22503 zip code market seems to have gone completely quiet. After trending lower for four weeks, no sales at all were reported over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks.
Comments:

$125K  
Over the last 30 days, one home was sold in the 22503 zip code market, holding even with last week's numbers. However, the market is still in a recent downward trend overall. The median sales price remained unchanged over the latest reporting period for the 22503 zip code, coming in at $199,950. The 22503 zip code is a definite buyer's market, due to a downward trend in sales numbers and 22 months of inventory remaining.
Comments:

$395K  
In this week's report, the number of homes sold in the 22503 zip code market fell to one over the past 30 days, a decrease of 50.0% from last week's report. The median sales price jumped to $199,950, up from last week's $119,975. Along with the slip in sales, a relatively high 23 months of inventory indicates that the 22503 zip code is a definite buyer's market.
Comments:

$164K  
The 22503 zip code market saw sales remain consistent with two homes sold over the last 30 days and is also under an identifiable downward trend in the number of contracts closing, with this week's number falling to zero. Pricing in the 22503 zip code remains consistent from last week to this week, with the median sales price at $119,975 again. The 22503 zip code is a strong buyer's market with 12 months of inventory to choose from, aided by the downturn in contracts.
Comments:

$125K  
The 22503 zip code market added another two transactions over the last 30 days. With one price reduction, the lowest amount since August, the market may be looking for a higher price point. When comparing other close-by zip codes within the same period, the most came from the 22572 zip code with five price reductions. With the price reductions of homes reached a new bottom, the average selling price followed the pattern, hitting a three-month low at $119,975. In spite of the downturn in price reductions, with prices falling and the availability of 12 months of inventory, the 22503 zip code is still a definite buyer's market.
Comments:

$374K  
22503 is an average-sized zip code in Virginia with 4,472 residents. Its population is shrinking slightly slower than the rest of the state, at a 10-year growth rate of -0.9%. The 22503 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The top school in the zip code is Lancaster High School.
Comments:

$164K  
The 22503 zip code market pulled back with a 20.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (3.7) with four homes sold. In comparison, the nearby 22578 zip code had six sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $180,950 over the latest reporting period for the 22503 zip code, down from $196,900.
Comments:

$374K  
With a recent downward trend in sellers reducing price, including three markdowns over the last 30 days, sales in the 22503 zip code market remained the same with five over the same stretch of time. Potential buyers should note that prices are coming down in the 22503 zip code, and for this period the median sales price slid from $275,000 to $196,900. The 22503 zip code is a strong buyer's market, due to a big 20 months of inventory left and aided by the flat sales.
Comments:

$898K  
The 22503 zip code market saw sales remain flat this week with five homes sold over the last 30 days, while new listings rose to 14. The median sales price in the 22503 zip code stayed put this week at $275,000. With no movement in sales and the availability of 15 months of inventory, the 22503 zip code is a definite buyer's market.
Comments:
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