$569K  
The 22738 zip code market was quiet this week as no sales were reported over the previous 30 days. The 22738 zip code usually averages 0.7 sales per month.
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$159K  
Sellers in the 22738 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 22738 zip code usually averages 0.7 sales per month.
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With 781 residents, 22738 is a smaller-than-average zip code in Virginia. Also, with a 20.5% increase over the last 10 years, its population is growing faster than other parts of the state. The 22738 zip code is made up of homes that are relatively old with a median of 32 years.
Comments:

$159K  
Sellers in the 22738 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 22738 zip code usually averages 0.8 sales per month.
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$5.4M  
The 22738 zip code market is enjoying a prolonged upward trend, even as sales remained flat at one home over the last 30 days. The median sales price of all transactions in the 22738 zip code did not budge this week, remaining at $45,000.
Comments:

$5.4M  
More sellers put their homes up for sale in the 22738 zip code market over the last 30 days and the number of new listings rose this week to one. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price of all transactions in the 22738 zip code did not budge this week, remaining at $45,000. Along with flat sales, a relatively high seven months of inventory indicates that the 22738 zip code is a solid buyer's market.
Comments:

$264K  
The 22738 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 zero. The median sales price remained unchanged over the latest reporting period for the 22738 zip code, coming in at $45,000.
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$5.4M  
Over the last 30 days, a solid upward sales trend continued in the 22738 zip code market, even as sales remained flat at one this week. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. While sales suggested otherwise, months of inventory is on a four-week upswing, this week hitting seven months. The 22738 zip code is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$165K  
The 22738 zip code is younger than the rest of Virginia, with a median age of 43. It's somewhat affluent as well, with a median income of $48,444 per household. The 22738 zip code market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area.
Comments:

$569K  
Sales remained at one home sold over the last 30 days in the 22738 zip code market. Sellers can expect more competition, due to a nine-week upward trend in homes coming into the market, now up to one for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price in the 22738 zip code stayed put this week at $193,000. The 22738 zip code is a definite buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
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Roy Wheeler Realty Co.
Snapped 2 homes in this area

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