$1.7M  
Yet again, no deals were completed in the 22503 zip code market over the last 30 days. The 22503 zip code is used to having 2.1 sales per month. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks.
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$109K  
Once again, no deals were completed in the 22503 zip code market over the last 30 days. The 22503 zip code is used to having 2.1 sales per month.
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$749K  
The number of homes coming into the 22503 zip code market climbed to four listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. Months of inventory hit 27 this period, extending an upward trend to four weeks. The 22503 zip code is a strong buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
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The 22503 zip code has a population that is much younger than most in Virginia with a median age of 51 years. Also, it's much less affluent than average with a median income of $34,023 per household. Keep in mind, most people in the 22503 zip code own their homes, with a 57.9% ownership ratio. The top school in the zip code is Lancaster High School.
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$749K  
The 22503 zip code market saw sales remain flat this week with one home sold over the last 30 days but new listings fell to three. Pricing in the 22503 zip code remains consistent from last week to this week, with the median sales price at $550,500 again. The 22503 zip code is a strong buyer's market, thanks to a big 28 months of inventory to choose from and the flat sales.
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$1.7M  
The 22503 zip code market is enjoying a prolonged upward trend, even as sales remained flat at one home over the last 30 days. As sales trended higher, prices have been increasing. The median sales price hit $550,500, extending a four-week long spike. The 22503 zip code is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.
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$250K  
The 22503 zip code market saw zero homes go under contract and failed to break out of a new downward trend. Despite that, total home sales inched up to one over the last 30 days. Even after the uptick in sales, an elevated 27 months of inventory tells us that the 22503 zip code is still a strong buyer's market.
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$893K  
Yet again, no deals were completed in the 22503 zip code market over the last 30 days. The 22503 zip code is used to having 2.7 sales per month.
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$125K  
Yet again, no deals were completed in the 22503 zip code market over the last 30 days. The 22503 zip code is used to having 2.8 sales per month.
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$125K  
22503 is an average-sized zip code in Virginia with 4,472 residents. Its population is shrinking slightly slower than the rest of the state, at a 10-year growth rate of -0.9%. The 22503 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. Heading the list of top schools in the zip code is Lancaster High School.
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