$278K  
The 22503 zip code market saw sales remain flat this week with two homes sold over the last 30 days, while new listings rose to four. The median sales price remained unchanged over the latest reporting period for the 22503 zip code, coming in at $113,750. The 22503 zip code is a definite buyer's market, due to a big 21 months of inventory left and aided by the flat sales.
Comments:

$749K  
The number of home sales in the 22503 zip code market rose 100.0% to two homes over the last 30 days, exceeding the 1.8 monthly average for the last 12 months. At the same time, the 23169 zip code reported six home sales, the highest number from all the surrounding zip codes. Prices are rising in the 22503 zip code, and the median sales price this period increased from $80,000 to $113,750. Even after the uptick in sales, an elevated 21 months of inventory tells us that the 22503 zip code is still a solid buyer's market.
Comments:

$105K  
Fewer sellers put their homes up for sale in the 22503 zip code market over the last 30 days and the number of new listings plummeted this week to one. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price of homes sold came in at $80,000, which extended a downward swing in price to four weeks. With prices falling, the availability of 40 months of inventory means that the 22503 zip code is a strong buyer's market.
Comments:

$749K  
The 22503 zip code market improved in this week's report, as the number of sales went up to one home sold over the last 30 days. Within the same time frame, the 22572 zip code had three sales, the most of all zip codes in the area. The 22503 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 44 months of remaining inventory.
Comments:

22503 is an average-sized zip code in Virginia with 4,472 residents. Also, it has seen a 0.9% decrease in population over the last 10 years. 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.
Comments:

$108K  
The 22503 zip code market reported another in a series of 30-day periods with zero home sales. The 22503 zip code usually averages 2.0 sales per month. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks.
Comments:

$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.
Comments:

$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.
Comments:

$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.
Comments:

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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