$273K  
Sales have fallen to two homes sold over the last 30 days in the 22727 zip code market. Sellers can also expect more competition, due to a three-week upward trend in homes coming into the market, now up to eight for the same period. The median sales price climbed to $261,250 over the latest reporting period for the 22727 zip code, up from $242,500. With decreasing sales and the availability of 21 months of inventory, the 22727 zip code is a definite buyer's market.
Comments:

$164K  
The 22727 zip code has a population that is younger than most in Virginia with a median age of 44 years. Also, it's somewhat affluent with a median income of $49,461 per household. The 22727 zip code is an area where most people own their homes, with an ownership ratio of 65.4%. Topping the list of best schools in the zip code is Madison County High School.
Comments:

$348K  
In this week's report, the number of homes sold in the 22727 zip code market fell to five over the past 30 days, a decrease of 16.7% from last week's report, but still above the monthly average. Meanwhile, the 22701 zip code reported 27 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 22727 zip code, and for this period the median sales price slid from $248,750 to $242,500. The 22727 zip code is a definite buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$12M  
More sellers put their homes up for sale in the 22727 zip code market over the last 30 days and the number of new listings rose this week to eight. Home sales remained unchanged from the prior period and once again five homes were sold. Pricing in the 22727 zip code remains consistent from last week to this week, with the median sales price at $242,500 again. The 22727 zip code is a definite buyer's market, due to a big nine months of inventory left and aided by the flat sales.
Comments:

$999K  
With five homes sold in the 22727 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. Potential buyers should note that prices went up in the 22727 zip code, with the median for this period rising from $195,000 to $242,500. With no movement in sales and the availability of nine months of inventory, the 22727 zip code is a solid buyer's market.
Comments:

$999K  
The 22727 zip code market looked solid this week as sales shot up 150.0% to reach five homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. In comparison, the nearby 22701 zip code had 28 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $195,000, down from last week's $225,000. Despite the uptick in sales, there are still 10 months of inventory left to work through, meaning the 22727 zip code is still a solid buyer's market.
Comments:

$164K  
22727 is a larger than average zip code in Virginia with 5,467 residents. Its population is also growing faster than others at a 10-year growth rate of 10.9%. The 22727 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall. Topping the list of best schools in the zip code is Madison County High School.
Comments:

$124K  
The 22727 zip code market will be getting less crowded in the coming weeks. Sales inched up this week to two homes sold over the last 30 days, and there is an emerging downward trend in the number of new listings, with three going live in the same time frame. As new listings trended lower, prices have also been falling. The median sales price dropped to $225,000, extending a four-week long spiral. The 22727 zip code is still a definite buyer's market, due to the availability of 23 months of remaining inventory, even after the uptick in sales.
Comments:

$179K  
There was one home sold in the 22727 zip code market over the last 30 days, while four contracts were executed. This marks the lowest amount since September, and could be a sign that the market is weakening. In comparison, 22701 led all other nearby zip codes with 45 contracts executed. Potential buyers should note that prices went up in the 22727 zip code, with the median for this period rising from $180,000 to $195,000. The 22727 zip code is a definite buyer's market, due to a downward trend in contracts numbers and 44 months of inventory remaining.
Comments:

$12M  
The 22727 zip code market has established an emerging upward trend, even as sales fell 20.0% this week to four homes over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that prices are coming down in the 22727 zip code, and for this period the median sales price slid from $182,500 to $180,000. Along with the slip in sales, a relatively high 12 months of inventory indicates that the 22727 zip code is a definite buyer's market.
Comments:
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Ask a local expert about this area:
Roy Wheeler Realty Co.
Snapped 6 homes in this area
Better Homes & Gardens Real Estate III
Snapped 2 homes in this area
RE/MAX New Horizons
Snapped 2 homes in this area

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