$120K  
In this week's report, the number of homes sold in the 22560 zip code market tumbled to two over the past 30 days, a decrease of 60.0% from last week's report. Within the same time frame, the 23009 zip code had six sales, the most of all zip codes in the area. Prices fell lower as this week's reported median sales price of $109,450 continued a four-week downward trend. The 22560 zip code is a solid buyer's market, due to falling prices and a large 32 months of inventory left.
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$549K  
The 22560 zip code market broke below its 12-month average sales volume this week as sales fell 16.7% to hit five 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. Potential buyers should note that prices are coming down in the 22560 zip code, and for this period the median sales price slid from $131,000 to $119,000. The 22560 zip code is a solid buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
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$130K  
Sales remained at six homes sold over the last 30 days in the 22560 zip code market. Sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to 19 for the same period. Pricing in the 22560 zip code remains consistent from last week to this week, with the median sales price at $131,000 again. Along with flat sales, a relatively high 10 months of inventory indicates that the 22560 zip code is a definite buyer's market.
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$149K  
With 6,483 residents, 22560 is a larger than average zip code in Virginia. Also, with a 6.0% increase over the last 10 years, its population is growing faster than other parts of the state. With a median age of 31 years, homes in the 22560 zip code tend to be relatively old. Topping the list of best schools in the zip code is Essex Int..
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$859K  
Over the last 30 days, the sale of six homes took place in the 22560 zip code market. This shows a 14.3% reduction from the prior period but the area remains on a recent 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 $143,000 to $131,000. Along with the slip in sales, a relatively high 10 months of inventory indicates that the 22560 zip code is a solid buyer's market.
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$750K  
November was the last time there were so many price reductions in the 22560 zip code market, with nine reported over the last 30 days. The market also had seven homes change hands. In comparison, the 23009 zip code had eight price reductions in the same time frame, the most of all nearby zip codes. The median sales price dropped to $143,000 over the latest reporting period for the 22560 zip code, down from $180,775. The 22560 zip code is a solid buyer's market, thanks to the rise in price reductions and the availability of eight months of remaining inventory.
Comments:

$750K  
Over the last 30 days, the 22560 zip code market showed gains with six homes sold. It marks a 20.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. To put it in perspective, the close-by 23009 zip code registered eight homes sold in the same period, the most of all surrounding zip codes. The median sales price tumbled to $180,775 over the latest reporting period for the 22560 zip code, down from $279,000. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 22560 zip code is still a definite buyer's market.
Comments:

$750K  
Sales ticked up in the 22560 zip code market to five homes sold over the last 30 days. But the market is also under an established downward trend in the number of contracts closing, with this week's number falling to five. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. However, as contracts trended lower, months of inventory also continued to fall, trending downwards for eight weeks to 10 months. Even after uptick in sales, such a large amount of remaining inventory tells us that the 22560 zip code is still a strong buyer's market.
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$675K  
The 22560 zip code market closed in on its 12-month sales average this week with four homes sold over the last 30 days. At the same time, the 23009 zip code reported four home sales, the highest number from all the surrounding zip codes. The median sales price jumped to $248,775, up from last week's $140,000. Even after the uptick in sales, an elevated 12 months of inventory tells us that the 22560 zip code is still a strong buyer's market.
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$179K  
The 22560 zip code is older than the rest of Virginia, with a median age of 42. It's somewhat affluent as well, with a median income of $48,648 per household. The 22560 zip code market is primarily made up of detached houses, which currently account for 84% of the homes for sale in the area. The best school in the zip code is Essex Int..
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