$2M  
The 22469 zip code market slowed 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 (0.9) with one home sold. On the other hand, the close-by 20650 zip code registered 19 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 22469 zip code, and this period the median price of all sales fell from $257,000 to $64,000. The 22469 zip code is a definite buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
Comments:

The 22469 zip code is a zip code in Virginia with a median income of $43,890 per household. Besides being less affluent than average, its population is much younger than others with a median age of 47 years. Detached homes account for 100% of the area's current housing market. The best school in the zip code is Cople Elementary School.
Comments:

$2M  
While home sales in the 22469 zip code market have been above average, in this week's report they dropped 50.0% to one home sold over the last 30 days. In comparison, the nearby 20650 zip code had 22 sales in the same time frame, the most of all neighboring zip codes. The median sales price continued to rise, trending upwards for four weeks to reach $450,000. The 22469 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:

$2M  
Over the last 30 days, an emerging downward trend of new sellers coming into the 22469 zip code market continued, with zero listings in this week's report. Meanwhile, sales dropped, with two homes selling during the same period. The median sales price rose dramatically to $318,000 over the latest reporting period for the 22469 zip code, up from $186,000. Along with the slip in sales, a relatively high eight months of inventory indicates that the 22469 zip code is a definite buyer's market.
Comments:

$695K  
With three homes sold in the 22469 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from. Pricing in the 22469 zip code remains consistent from last week to this week, with the median sales price at $186,000 again.
Comments:

$2M  
The 22469 zip code market is getting less expensive. While sales came in at three homes sold over the last 30 days, price reductions are the highest they've been since September, with five reported over the same period. In comparison, 20650 led all other nearby zip codes with 25 price reductions. Potential buyers should note that prices went up in the 22469 zip code, with the median for this period rising from $166,750 to $186,000.
Comments:

22469 is an average-sized zip code in Virginia with 2,122 residents. Also, it has a lower than average density with 55.6 people per square mile. The 22469 zip code is an area where 48.9% of the homes are owned, while 12.9% are rented. The top school in the zip code is Cople Elementary School.
Comments:

$2M  
Over the last 30 days, the 22469 zip code market looked active with two homes sold, a 100.0% increase from last week's report. At the same time, the 20650 zip code reported 28 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 22469 zip code, and the median sales price this period increased from $147,500 to $166,750. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 22469 zip code is still a definite buyer's market.
Comments:

$695K  
The 22469 zip code market was quiet this week as no sales were reported over the previous 30 days. The 22469 zip code usually averages 0.7 sales per month.
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$2.5M  
The 22469 zip code market was quiet this week as no sales were reported over the previous 30 days. The 22469 zip code usually averages 0.7 sales per month.
Comments:
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Ask a local expert about this area:
Long & Foster Real Estate, Inc.
Snapped 2 homes in this area
Keller Williams Realty/Lee Beaver & Assoc.
Snapped 1 home in this area

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