$164K  
The 22650 zip code market is experiencing an extended pullback but sales stood their ground this week at two homes sold over the last 30 days. Pricing in the 22650 zip code remains consistent from last week to this week, with the median sales price at $191,750 again.
Comments:

$164K  
The number of homes coming into the 22650 zip code market stayed firm with two listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price tumbled to $191,750 over the latest reporting period for the 22650 zip code, down from $317,500.
Comments:

$164K  
Home sales in the 22650 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 33.3% to two homes sold over the last 30 days. In comparison, the nearby 22630 zip code had 42 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose dramatically to $317,500, up from last week's $240,000.
Comments:

The population of the 22650 zip code is somewhat affluent compared to others in Virginia with a median income of $51,351 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 101.8. The 22650 zip code is made up of homes that are considered relatively old with a median of 33 years. The best school in the zip code is Springfield Elementary School.
Comments:

Despite a 50.0% growth in sales numbers this week to reach three homes sold over the last 30 days, the 22650 zip code market still shows an identifiable trend downward overall. There are four months of inventory remaining in the 22650 zip code, and the market is swinging toward the seller, but that may be offset as the median sales price dropped to $240,000 this week.
Comments:

Sales fell to two homes sold in the 22650 zip code market over the last 30 days. Furthermore, a determined downturn in the number of pending transactions continued, with one completed in the same period. As contracts trended lower, the median sales price went down as well, trending downwards for eight weeks to $250,000.
Comments:

$245K  
The 22650 zip code market saw sales remain flat this week with two homes sold over the last 30 days but new listings shrank to one. The median sales price in the 22650 zip code stayed put this week at $117,450.
Comments:

$245K  
With two homes sold in the 22650 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 two new listings for buyers to choose from. Potential buyers should note that prices are coming down in the 22650 zip code, and for this period the median sales price slid from $168,200 to $117,450.
Comments:

$245K  
The 22650 zip code market saw three homes go under contract and failed to break out of a budding downward trend. Along with that, total home sales fell to two over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are rising in the 22650 zip code, and the median sales price this period increased from $129,900 to $168,200.
Comments:

22650 is a smaller-than-average zip code in Virginia with 1,047 residents. Also, it has seen an 18.8% increase in population over the last 10 years. The 22650 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall. The best school in the zip code is Springfield Elementary School.
Comments:
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