$409K  
Over the last 30 days, a recent upward trend of new sellers coming into the 22576 zip code market continued, with two listings in this week's report. Meanwhile, sales remained flat, with one home selling during the same period. The median sales price in the 22576 zip code stayed put this week at $286,000. With no movement in sales and the availability of seven months of inventory, the 22576 zip code is a strong buyer's market.
Comments:

$545K  
There was one home sale in the 22576 zip code market over the last 30 days. To put it in perspective, the close-by 23061 zip code registered 40 homes sold in the same period, the most of all surrounding zip codes. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 22576 zip code is still a solid buyer's market.
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$545K  
Typically, 22576 zip code accounts for 1.4 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
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22576 is a zip code in Virginia. It's less affluent than average and the cost of living is expensive compared to the rest of the state, with a median income of $39,801 per household and cost of living adjustment score of 104.9. Homes in the 22576 zip code are relatively old with a median age of 34 years.
Comments:

$545K  
The 22576 zip code market reported another in a series of 30-day periods with zero home sales. The 22576 zip code usually averages 1.5 sales per month. Even with the inactivity, prices were able to climb. This week's reported median sales price of $0 continued a four-week upswing.
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$545K  
The 22576 zip code market reported another in a series of 30-day periods with zero home sales. The 22576 zip code usually averages 1.5 sales per month.
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$545K  
The 22576 zip code market reported another in a series of 30-day periods with zero home sales. The 22576 zip code usually averages 1.6 sales per month.
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$545K  
Yet again, no deals were completed in the 22576 zip code market over the last 30 days. The 22576 zip code is used to having 1.6 sales per month.
Comments:

$545K  
Typically, 22576 zip code accounts for 1.7 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
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22576 is an average-sized zip code in Virginia with 2,076 residents. Also, it has seen a 5.6% increase in population over the last 10 years. The 22576 zip code is an area where most people own their homes, with an ownership ratio of 58.7%.
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