$575K  
The 23824 zip code market is enjoying an extended upward trend, even as sales remained flat at four homes over the last 30 days. Prices are rising in the 23824 zip code, and the median sales price this period increased from $50,000 to $55,000. The 23824 zip code is a solid buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.
Comments:

The 23824 zip code market saw sales remain consistent with three homes sold over the last 30 days and is also under a recent downward trend in the number of contracts closing, with this week's number falling to one. Pricing in the 23824 zip code remains consistent from last week to this week, with the median sales price at $50,000 again. A downturn in contracts, coupled with the availability of 12 months of inventory, prove that the 23824 zip code is a solid buyer's market.
Comments:

The 23824 zip code has an older population than other areas in Virginia with a median age of 42 years. It is also much less affluent than average with a median income of $37,752 per household. The 23824 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
Comments:

The number of home sales in the 23824 zip code market rose 50.0% to three homes over the last 30 days, exceeding the 2.8 monthly average for the last 12 months. To put it in perspective, the close-by 23002 zip code registered eight homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 23824 zip code, and the median sales price this period increased from $46,500 to $50,000. The 23824 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:

There were two home sales in the 23824 zip code market over the last 30 days. At the same time, the 23002 zip code reported six home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 23824 zip code, with the median for this period rising from $43,000 to $46,500. Even after the uptick in sales, an elevated 16 months of inventory tells us that the 23824 zip code is still a solid buyer's market.
Comments:

Over the last 30 days, the 23824 zip code market improved with one home sold. In comparison, the nearby 23002 zip code had seven sales in the same time frame, the most of all neighboring zip codes. Despite the uptick in sales, there are still 34 months of inventory left to work through, meaning the 23824 zip code is still a definite buyer's market.
Comments:

The 23824 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 23824 zip code usually averages 2.8 sales per month.
Comments:

The 23824 zip code market reported another in a series of 30-day periods with zero home sales. The 23824 zip code usually averages 2.8 sales per month.
Comments:

23824 is a zip code that is growing slightly faster than others in Virginia at a 10-year growth rate of 0.2%. It also has a larger than average population of 7,025 people. With a median age of 42 years, homes in the 23824 zip code tend to be older than most.
Comments:

The 23824 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 23824 zip code usually averages 2.9 sales per month.
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