$229K  
The 22542 zip code market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at zero. Potential buyers should take note that the median sales price in the 22542 zip code stayed flat at $380,000 and that there are four months of inventory still available.
Comments:

$245K  
22542 is a smaller-than-average zip code in Virginia with 1,643 residents. Its population is also growing faster than others at a 10-year growth rate of 7.0%. It should be noted that at 76.7%, most people own their homes in the 22542 zip code.
Comments:

$229K  
The 22542 zip code market may be experiencing a long pullback, but sales managed an uptick this week of 200.0% to three homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price in the 22542 zip code jumped to $380,000 while months of inventory shrunk to four.
Comments:

$275K  
Over the last 30 days, a budding downward trend of new sellers coming into the 22542 zip code market continued, with one listing in this week's report. Meanwhile, sales remained flat, with one home selling during the same period. The median sales price dropped to $200,000 over the latest reporting period for the 22542 zip code, down from $239,900. Along with flat sales, a relatively high 12 months of inventory indicates that the 22542 zip code is a definite buyer's market.
Comments:

$349K  
Sales fell in the 22542 zip code market to one home sold over the last 30 days. It's also under a determined downward trend in the number of contracts closing, with this week's number falling to four. As contracts trended down, prices found a top, with the average selling price rising to $239,900, a six-month high. The 22542 zip code is still a definite buyer's market, even with the rising prices, due to the downward trend in contracts numbers and a large 12 months of inventory available.
Comments:

$249K  
Home sales in the 22542 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 50.0% to two homes sold over the last 30 days. Within the same time frame, the 22508 zip code had 36 sales, the most of all zip codes in the area. The median sales price dropped to $174,950, down from last week's $180,950. Along with the slip in sales, a relatively high eight months of inventory indicates that the 22542 zip code is a definite buyer's market.
Comments:

$290K  
Over the last 30 days, a recent downward trend of new sellers coming into the 22542 zip code market continued, with four listings in this week's report. Meanwhile, sales fell, with four homes selling during 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 $180,950, potentially helping to offset the four months of inventory left to be sold.
Comments:

$290K  
The population of the 22542 zip code is affluent compared to others in Virginia with a median income of $54,819 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 101.9. The 22542 zip code is made up of homes that are of moderate age with a median of 17 years.
Comments:

$290K  
Over the last 30 days, the 22542 zip code market had a lift in home sales with five. But as sales edged up, the number of pending transactions continued to decline, with a total of three contracts during the same period. The median sales price rose to $189,000, up from last week's $155,500. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 22542 zip code is a seller's market.
Comments:

$300K  
Sales in the 22542 zip code market fell to four homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with one price reduction in the same time frame. Potential buyers should note that there are now four months of inventory available in the 22542 zip code and prices have come down. The median sales price dropped to $155,500.
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