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. Homes in the 22650 zip code are relatively old with a median age of 33 years. Topping the list of best schools in the zip code is Springfield Elementary School.
Comments:

$445K  
Over the past 30 days, there have been fewer price cuts in the 22650 zip code market, continuing a six-week declining trend to land at zero. However, home sales were up to two over the same period. Prices are coming down in the 22650 zip code, as the median sales price tumbled to $385,000, while months of inventory also shrunk to four.
Comments:

$445K  
Sales retained their current pace and came in at one home sold in the 22650 zip code market over the last 30 days. However, a three-week upward trend for contracts was extended, with four pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price of all transactions in the 22650 zip code did not budge this week, remaining at $550,000. The 22650 zip code is a solid buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.
Comments:

$240K  
The 22650 zip code market seems to have gone completely and unexpectedly quiet as no sales were reported over the previous 30 days. The 22650 zip code usually averages 1.0 sales per month.
Comments:

$145K  
The 22650 zip code market reported five contracts in the last 30 days, the highest amount since October. This might lead to an extension of the current eight-week upward trend in sales, which hit one in the same period. When comparing other close-by zip codes within the same period, the most came from the 22630 zip code with 64 contracts executed. The median sales price in the 22650 zip code stayed put this week at $90,000. With only two months of inventory to sell, the 22650 zip code is a definite seller's market, in spite of the flat sales.
Comments:

22650 is a smaller-than-average zip code in Virginia with 1,047 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 18.8%. The 22650 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall. Topping the list of best schools in the zip code is Springfield Elementary School.
Comments:

$219K  
No deals were completed in the 22650 zip code market over the last 30 days. The 22650 zip code usually averages 1.0 sales per month.
Comments:

$260K  
Over the last 30 days, a budding upward sales trend continued in the 22650 zip code market, even as sales remained flat at one this week. The median sales price of all transactions in the 22650 zip code did not budge this week, remaining at $143,000.
Comments:

$599K  
The 22650 zip code market saw sales remain consistent with one home sold over the last 30 days and is also under a new downward trend in the number of contracts closing, with this week's number falling to zero. The median sales price in the 22650 zip code stayed put this week at $143,000.
Comments:

$599K  
Sales in the 22650 zip code market remained flat at one home sold over the last 30 days, while the number of sellers reducing their list prices reached two, which continues a determined upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $143,000 this week.
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