$499K  
The population of the 22853 zip code is somewhat affluent compared to others in Virginia with a median income of $48,264 per household. It's also considered a less expensive zip code in terms of affordability with a cost of living adjustment score of 93.5. Homes in the 22853 zip code are relatively old with a median age of 37 years.
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$499K  
The 22853 zip code market was quiet this week as no sales were reported over the previous 30 days. The 22853 zip code usually averages 0.8 sales per month.
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$499K  
The 22853 zip code market saw sales remain flat this week with one home 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 22853 zip code stayed flat at $235,000 and that there are four months of inventory still available.
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$134K  
The 22853 zip code market slowed this week but was still better than normal as sales slid 50.0% to one home sold over the last 30 days. Meanwhile, the 22835 zip code reported 11 home sales, the highest number from all the surrounding zip codes. Potential buyers should take note that the median sales price in the 22853 zip code climbed to $235,000 and that there are four months of inventory still available.
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$134K  
With a confirmed downward trend of new sellers listing homes, including zero over the last 30 days, and sales that remained flat at two in that same time frame, the 22853 zip code market will be cooling. The median sales price remained unchanged over the latest reporting period for the 22853 zip code, coming in at $199,500. With only two months of inventory to sell, the 22853 zip code is a definite seller's market, in spite of the flat sales.
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$509K  
The 22853 zip code market was solid this week and remained above its average as sales climbed 100.0% to reach two homes sold over the last 30 days. In comparison, the nearby 22835 zip code had 14 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose dramatically to $199,500 over the latest reporting period for the 22853 zip code, up from $164,000. With just two months of inventory available and sales going up, the 22853 zip code is a strong seller's market.
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$509K  
With 4,357 residents, 22853 is an average-sized zip code in Virginia. Also, with a 5.5% increase over the last 10 years, its population is growing faster than other parts of the state. With an ownership ratio of 65.3%, most people in the 22853 zip code are homeowners.
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$134K  
The 22853 zip code market pulled back with a 50.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.7) with one home sold. Within the same time frame, the 22835 zip code had 11 sales, the most of all zip codes in the area. There are four months of inventory remaining in the 22853 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $164,000 this week.
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$519K  
The number of sellers reducing prices in the 22853 zip code market trended up to one over the last 30 days, extending a three-week streak. During the same period, two sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices are coming down in the 22853 zip code, and for this period the median sales price slid from $197,000 to $180,500. The rising sales and a low two months of inventory point to the 22853 zip code being a definite seller's market.
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$104K  
The 22853 zip code market pulled back with a 50.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.7) with one home sold. Within the same time frame, the 22835 zip code had six sales, the most of all zip codes in the area. The median sales price rose to $197,000, up from last week's $178,500.
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