$229K  
22520 is a larger than average zip code in Virginia with a population of 5,331 residents, and it has a lower than average density compared to the rest of the state, with 57.6 people per square mile. Keep in mind, most people in the 22520 zip code own their homes, with a 53.6% ownership ratio. The best school in the zip code is Montross Middle School.
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$1.3M  
Sales in the 22520 zip code market remained level with three homes sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with 11 price reductions in the same time frame. The median sales price of all transactions in the 22520 zip code did not budge this week, remaining at $204,000. Along with flat sales, a relatively high 27 months of inventory indicates that the 22520 zip code is a strong buyer's market.
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$184K  
There were three homes sold in the 22520 zip code market over the last 30 days on top of a record eight contracts executed. It is the most since June and could be a sign that the market might improve. When comparing other close-by zip codes within the same period, the most came from the 22485 zip code with 28 contracts executed. The median sales price remained unchanged over the latest reporting period for the 22520 zip code, coming in at $204,000. With decreasing sales and the availability of 25 months of inventory, the 22520 zip code is a definite buyer's market.
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$869K  
The 22520 zip code market slowed with a 16.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (3.4) with five homes sold. In comparison, the nearby 22485 zip code had 21 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 22520 zip code stayed put this week at $204,000. The 22520 zip code is a strong buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.
Comments:

$115K  
Over the last 30 days, the 22520 zip code market was healthy with six homes sold, a 50.0% increase from last week's report. To put it in perspective, the close-by 22485 zip code registered 24 homes sold in the same period, the most of all surrounding zip codes. The median sales price of homes sold came in at $204,000, which extended a downward swing in price to four weeks. The 22520 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 12 months of remaining inventory.
Comments:

$184K  
The 22520 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 (3.3) with four homes sold. In comparison, the nearby 22485 zip code had 22 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose to $182,500 over the latest reporting period for the 22520 zip code, up from $160,000. The 22520 zip code is a strong buyer's market, due to a big 20 months of inventory left and aided by the dip in sales.
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$749K  
The population of the 22520 zip code is somewhat affluent compared to others in Virginia with a median income of $51,561 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 103.0. Homes in the 22520 zip code are relatively old with a median age of 32 years. Topping the list of best schools in the zip code is Montross Middle School.
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$749K  
Over the last 30 days, the 22520 zip code market was steady and saw five homes sold. However, the number of pending transactions continued to decline, with a total of three transactions during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price remained unchanged over the latest reporting period for the 22520 zip code, coming in at $160,000. A downturn in contracts, coupled with the availability of 17 months of inventory, prove that the 22520 zip code is a definite buyer's market.
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$350K  
Sales rose to five homes sold over the last 30 days in the 22520 zip code market. Sellers can expect less competition, however, due to a nine-week downward trend in homes coming into the market, now down to four for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price dropped to $160,000, down from last week's $205,000. Despite the uptick in sales, there are still 16 months of inventory left to work through, meaning the 22520 zip code is still a strong buyer's market.
Comments:

$115K  
A three-week rough patch for the overall sales trend continues in the 22520 zip code market. On a positive note, the number of sales actually rose 33.3% over the last 30 days to hit four. The median sales price climbed to $205,000 over the latest reporting period for the 22520 zip code, up from $160,000. The 22520 zip code is still a strong buyer's market, due to the availability of 20 months of remaining inventory, even after the uptick in sales.
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