$395K  
The 22503 zip code has a population that is much younger than most in Virginia with a median age of 51 years. Also, it's much less affluent than average with a median income of $34,023 per household. With an ownership ratio of 57.9%, most people in the 22503 zip code are homeowners. The best school in the zip code is Lancaster High School.
Comments:

$1.8M  
The 22503 zip code market is enjoying an extended upward trend, extended as sales rose to four homes over the last 30 days. As sales trended higher, the median sales price climbed with it, trending upwards for four weeks to reach $347,000. The 22503 zip code is still a definite buyer's market with 16 months of remaining inventory, even with the rising sales and prices.
Comments:

$395K  
The number of price cuts in the 22503 zip code market climbed to six over the last 30 days, furthering an identifiable positive trend. Even with the drops in list prices, sales remained the same with three homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Pricing in the 22503 zip code remains consistent from last week to this week, with the median sales price at $224,000 again. The 22503 zip code is a strong buyer's market, thanks to a big 21 months of inventory to choose from and the flat sales.
Comments:

$498K  
Home sales in the 22503 zip code market have steadily topped the monthly average for some time. However, this week the numbers came down by 40.0% to come in at three homes sold during the last 30 days. Within the same time frame, the 22578 zip code had five sales, the most of all zip codes in the area. Pricing in the 22503 zip code remains consistent from last week to this week, with the median sales price at $224,000 again. The 22503 zip code is a strong buyer's market, thanks to a big 18 months of inventory to choose from and a pullback in sales.
Comments:

$939K  
The 22503 zip code market is enjoying an unwavering upward trend, even as sales remained flat at four homes over the last 30 days. Potential buyers should note that prices went up in the 22503 zip code, with the median for this period rising from $124,000 to $347,000. The 22503 zip code is a definite buyer's market, due to a big 12 months of inventory left and aided by the flat sales.
Comments:

$498K  
With four homes sold in the 22503 zip code market over the last 30 days, we see no change from last week's numbers. However, 10 new listings came into the market. The median sales price in the 22503 zip code stayed put this week at $124,000. Along with flat sales, a relatively high 12 months of inventory indicates that the 22503 zip code is a solid buyer's market.
Comments:

$380K  
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 is almost exclusively made up of detached homes, currently accounting for 98% overall. The best school in the zip code is Lancaster High School.
Comments:

$498K  
With four homes sold in the 22503 zip code market over the last 30 days, we see no change from last week's numbers. However, seven new listings came into the market. The median sales price remained unchanged over the latest reporting period for the 22503 zip code, coming in at $124,000. The 22503 zip code is a strong buyer's market, due to a big 10 months of inventory left and aided by the flat sales.
Comments:

$898K  
The number of home sales in the 22503 zip code market rose 100.0% to four homes over the last 30 days, above the 0.8 monthly average. Within the same time frame, the 22576 zip code had four sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 22503 zip code, with the median for this period rising from $78,000 to $124,000. Even after the uptick in sales, an elevated nine months of inventory tells us that the 22503 zip code is still a definite buyer's market.
Comments:

$898K  
There were two home sales in the 22503 zip code market over the last 30 days, above the 0.7 monthly average. To put it in perspective, the close-by 22473 zip code registered two homes sold in the same period, the most of all surrounding zip codes. Despite the uptick in sales, there are still 15 months of inventory left to work through, meaning the 22503 zip code is still a definite buyer's market.
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