22724 is a zip code in Virginia. It's very affluent and the cost of living is very expensive compared to the rest of the state, with a median income of $80,206 per household and cost of living adjustment score of 133.0. The 22724 zip code is made up of homes that are considered of moderate age with a median of 17 years.
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$130K  
A three-week rough patch for the overall sales trend continues in the 22724 zip code market, with number of sales staying even at three over the last 30 days. 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 $375,000 this week.
Comments:

$585K  
This week in the 22724 zip code market, sales rose to three homes sold over the last 30 days, which might be due in part to a confirmed upward trend in price reductions, with four being 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. Oddly, even as the number of sellers reducing price trended higher, the median sales price continued to climb, trending upwards for four weeks to reach $375,000.
Comments:

$585K  
The 22724 zip code market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at four. The median sales price in the 22724 zip code stayed put this week at $400,000. Along with flat sales, a relatively high 11 months of inventory indicates that the 22724 zip code is a definite buyer's market.
Comments:

$385K  
The 22724 zip code market stayed soft with one home sold in the last 30 days, a 50.0% sales drop. On the other hand, the close-by 22701 zip code registered 38 homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed to $400,000 over the latest reporting period for the 22724 zip code, up from $394,000. With decreasing sales and the availability of 10 months of inventory, the 22724 zip code is a definite buyer's market.
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With 2,084 residents, 22724 is an average-sized zip code in Virginia. Also, with a 37.4% increase over the last 10 years, its population is growing faster than other parts of the state. The 22724 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
Comments:

$585K  
The 22724 zip code market pulled back with a 50.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 2.5 monthly average with two homes sold. Within the same time frame, the 22701 zip code had 34 sales, the most of all zip codes in the area. Prices are rising in the 22724 zip code, and the median sales price this period increased from $346,500 to $394,000.
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$449K  
The number of home sales in the 22724 zip code market rose 33.3% to four homes over the last 30 days. To put it in perspective, the close-by 22701 zip code registered 36 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 22724 zip code, and the median sales price this period increased from $305,000 to $346,500. With just two months of inventory available and sales going up, the 22724 zip code is a solid seller's market.
Comments:

$1.2M  
Over the last 30 days, the sale of three homes took place in the 22724 zip code market. This shows a 40.0% dip from the prior period but the area remains on a new upward trend. Prices are falling in the 22724 zip code, and this period the median price of all sales fell from $365,000 to $305,000. With only three months of inventory to sell, the 22724 zip code is a seller's market, in spite of the dip in sales.
Comments:

$470K  
With a budding upward trend of new sellers listing homes, including six over the last 30 days, and sales that have risen to five in that same time frame, the 22724 zip code market will be heating up. The median sales price climbed to $365,000, up from last week's $335,000. With just two months of inventory available and sales going up, the 22724 zip code is a definite seller's market.
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Berkshire Hathaway HomeServices Select Realty
Snapped 2 homes in this area
Berkshire Hathaway HomeServices PenFed Realty
Snapped 1 home in this area

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