$1.7M  
Home sales in the 22560 zip code market stayed soft in this week's report as they dropped 20.0% to four homes sold over the last 30 days. In comparison, the nearby 23009 zip code had six sales in the same time frame, the most of all neighboring zip codes. Pricing in the 22560 zip code remains consistent from last week to this week, with the median sales price at $60,000 again. With decreasing sales and the availability of 24 months of inventory, the 22560 zip code is a strong buyer's market.
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$650K  
This week in the 22560 zip code market, sales fell to five homes sold over the last 30 days, even as it endures a budding upward trend in price reductions, with 19 reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped dramatically to $60,000, down from last week's $123,000. The 22560 zip code is a strong buyer's market, thanks to a big 20 months of inventory to choose from and a pullback in sales.
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$449K  
Sales fell to eight homes sold in the 22560 zip code market over the last 30 days. Furthermore, a recent downturn in the number of pending transactions continued, with three completed in the same period. Potential buyers should note that prices are coming down in the 22560 zip code, and for this period the median sales price slid from $179,000 to $136,657. The 22560 zip code is a strong buyer's market with 12 months of inventory to choose from, aided by the downturn in contracts.
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$539K  
The 22560 zip code market slowed this week but was still better than normal as sales fell 16.7% to 10 homes sold over the last 30 days. Within the same time frame, the 23009 zip code had nine sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 22560 zip code, and for this period the median sales price slid from $187,000 to $179,000. With decreasing sales and the availability of nine months of inventory, the 22560 zip code is a strong buyer's market.
Comments:

22560 is a larger than average zip code in Virginia that has seen a 6.0% increase in population over the last 10 years. It also has a total population of 6,483. With a median age of 31 years, homes in the 22560 zip code tend to be relatively old. The top school in the zip code is Essex Int..
Comments:

$650K  
Sales in the 22560 zip code market fell to 12 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 18, which continues a confirmed upward trend in price reductions. Prices are rising in the 22560 zip code, and the median sales price this period increased from $160,001 to $187,000. The 22560 zip code is a solid buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$859K  
Over the last 30 days, the sale of 13 homes took place in the 22560 zip code market. This shows a 7.1% reduction from the prior period but the area remains on a confirmed upward trend. Potential buyers should note that prices are coming down in the 22560 zip code, and for this period the median sales price slid from $197,500 to $160,001. The 22560 zip code is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$272K  
Sales have risen to 14 homes sold over the last 30 days in the 22560 zip code market. But sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to 16 for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price remained unchanged over the latest reporting period for the 22560 zip code, coming in at $197,500.
Comments:

$460K  
The number of homes coming into the 22560 zip code market fell to 20 listings over the last 30 days, while sales remained right where they were as once again 10 homes were sold over the same period. Potential buyers should note that prices went up in the 22560 zip code, with the median for this period rising from $150,175 to $197,500. Along with flat sales, a relatively high nine months of inventory indicates that the 22560 zip code is a solid buyer's market.
Comments:

The 22560 zip code has an older population than other areas in Virginia with a median age of 42 years. It is also somewhat affluent with a median income of $48,648 per household. The 22560 zip code market primarily consists of detached houses, accounting for 86% of the current homes in the area. Topping the list of best schools in the zip code is Essex Int..
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