$259K  
Over the last 30 days, sales in the 22542 zip code market remained at their current pace of three homes. However, the amount of pending transactions continued to improve, reaching a total of seven during the same period. Pricing in the 22542 zip code remains consistent from last week to this week, with the median sales price at $238,500 again. With no movement in sales and the availability of 10 months of inventory, the 22542 zip code is a strong buyer's market.
Comments:

With 1,643 residents, 22542 is a smaller-than-average zip code in Virginia. Also, with a 7.0% increase over the last 10 years, its population is growing faster than other parts of the state. Keep in mind, most people in the 22542 zip code own their homes, with a 76.7% ownership ratio.
Comments:

$325K  
The 22542 zip code market showed healthy signs in this week's report, as the number of home sales rose 200.0%, pushing the total to three homes sold over the last 30 days. To put it in perspective, the close-by 22701 zip code registered 50 homes sold in the same period, the most of all surrounding zip codes. The median sales price jumped to $238,500, up from last week's $40,000. Despite the uptick in sales, there are still 10 months of inventory left to work through, meaning the 22542 zip code is still a definite buyer's market.
Comments:

$259K  
With one home sold in the 22542 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 seven new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for the 22542 zip code, coming in at $40,000. Along with flat sales, a relatively high 27 months of inventory indicates that the 22542 zip code is a definite buyer's market.
Comments:

$115K  
On top of an emerging downward trend in sellers reducing price, including two markdowns over the last 30 days, sales in the 22542 zip code market fell to one over the same stretch of time. As the number of sellers reducing prices trended lower, the median sales price also dropped, falling to $40,000, a three-month low. Along with the falling prices, the relatively large 24 months of inventory means that the 22542 zip code is a strong buyer's market.
Comments:

$264K  
The 22542 zip code market pulled back with a 33.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 2.8 monthly average with two homes sold. Within the same time frame, the 22508 zip code had 52 sales, the most of all zip codes in the area. Prices are falling in the 22542 zip code, and this period the median price of all sales fell from $209,000 to $174,500. With decreasing sales and the availability of 13 months of inventory, the 22542 zip code is a solid buyer's market.
Comments:

$227K  
While home sales in the 22542 zip code market have been above average, in this week's report they dropped 25.0% to three homes sold over the last 30 days. Meanwhile, the 22701 zip code reported 47 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 22542 zip code, and this period the median price of all sales fell from $222,000 to $209,000. The 22542 zip code is a definite buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:

22542 is a zip code in Virginia. It's affluent and the cost of living is average compared to the rest of the state, with a median income of $54,819 per household and cost of living adjustment score of 101.9. The 22542 zip code is made up of homes that are of moderate age with a median of 17 years.
Comments:

$650K  
More sellers put their homes up for sale in the 22542 zip code market over the last 30 days and the number of new listings shot up this week to five. Home sales remained unchanged from the prior period and once again four homes were sold. The median sales price in the 22542 zip code stayed put this week at $222,000.
Comments:

$115K  
The 22542 zip code market was busy this week as sales rose 33.3% to hit four homes sold over the last 30 days. In comparison, the nearby 22701 zip code had 47 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 22542 zip code, and the median sales price this period increased from $209,000 to $222,000. The 22542 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:
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