$499K  
The 22520 zip code market got positive news in this week's report, as the number of home sales jumped 25.0%, pushing the total to five homes sold over the last 30 days. To put it in perspective, the close-by 22443 zip code registered 32 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $125,000, down from last week's $149,698. Despite the uptick in sales, there are still 23 months of inventory left to work through, meaning the 22520 zip code is still a definite buyer's market.
Comments:

$195K  
The 22520 zip code market saw sales remain flat this week with three homes sold over the last 30 days, while new listings climbed to 14. The median sales price dropped to $135,000, down from last week's $164,396. With no movement in sales and the availability of 37 months of inventory, the 22520 zip code is a definite buyer's market.
Comments:

$499K  
Over the last 30 days, the 22520 zip code market improved with three homes sold. In comparison, the nearby 22485 zip code had 29 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 22520 zip code, and for this period the median sales price slid from $232,197 to $164,396. Even after the uptick in sales, an elevated 37 months of inventory tells us that the 22520 zip code is still a definite buyer's market.
Comments:

22520 is a larger than average zip code in Virginia with 5,331 residents. Also, it has a lower than average density with 57.6 people per square mile. Keep in mind, most people in the 22520 zip code own their homes, with a 53.6% ownership ratio. The best school in the zip code is Montross Middle School.
Comments:

$499K  
With two homes sold in the 22520 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with nine new listings for buyers to choose from. Pricing in the 22520 zip code remains consistent from last week to this week, with the median sales price at $232,197 again. The 22520 zip code is a solid buyer's market, thanks to a big 55 months of inventory to choose from and the flat sales.
Comments:

$299K  
In this week's report, the number of homes sold in the 22520 zip code market dropped to two over the past 30 days, a decrease of 50.0% from last week's report. On the other hand, the close-by 22485 zip code registered 27 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 22520 zip code, and this period the median price of all sales fell from $232,450 to $232,197. The 22520 zip code is a strong buyer's market, thanks to a big 56 months of inventory to choose from and a pullback in sales.
Comments:

$2.2M  
Over the last 30 days, the sale of four homes took place in the 22520 zip code market. This shows a 20.0% decline from the prior period but the area remains on a confirmed upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Prices are rising in the 22520 zip code, and the median sales price this period increased from $224,900 to $232,450. The 22520 zip code is a solid buyer's market, due to a big 27 months of inventory left and aided by the dip in sales.
Comments:

$104K  
With five homes sold in the 22520 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with 21 new listings for buyers to choose from. The median sales price continued to fall, trending downwards for four weeks to reach $224,900. Along with the falling prices, the relatively large 20 months of inventory means that the 22520 zip code is a definite buyer's market.
Comments:

$2.2M  
The 22520 zip code market pulled back with a 16.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (4.7) with five homes sold. Meanwhile, the 22485 zip code reported 31 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $224,900, up from last week's $190,450. With decreasing sales and the availability of 20 months of inventory, the 22520 zip code is a definite buyer's market.
Comments:

22520 is a zip code in Virginia. It's somewhat affluent and the cost of living is average compared to the rest of the state, with a median income of $51,561 per household and cost of living adjustment score of 103.0. The 22520 zip code is made up of homes that are considered relatively old with a median of 32 years. Topping the list of best schools in the zip code is Montross Middle School.
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