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. With a median age of 32 years, homes in the 22738 zip code tend to be relatively old.
Comments:

$695K  
Sales stayed firm at two homes sold over the last 30 days in the 22738 zip code market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to zero for the same period. While new listings numbers suggested otherwise, months of inventory is on a four-week upswing, this week hitting 16 months. Along with the slip in sales, the higher-than-normal inventory indicates that the 22738 zip code is a solid buyer's market.
Comments:

$5.4M  
The 22738 zip code market saw sales remain flat this week with two homes sold over the last 30 days but new listings plummeted to zero. The median sales price continued to rise, trending upwards for four weeks to reach $1,400,000. The 22738 zip code is a solid buyer's market, thanks to a big 17 months of inventory to choose from and the flat sales.
Comments:

$449K  
The 22738 zip code market showed healthy signs this week as sales rose 100.0% to reach two homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. To put it in perspective, the close-by 22701 zip code registered 52 homes sold in the same period, the most of all surrounding zip codes. The median sales price in the 22738 zip code stayed put this week at $1,400,000. The 22738 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 17 months of remaining inventory.
Comments:

$695K  
The 22738 zip code market improved in this week's report, as the number of sales went up to one home sold over the last 30 days. To put it in perspective, the close-by 22701 zip code registered 47 homes sold in the same period, the most of all surrounding zip codes. Despite the uptick in sales, there are still 42 months of inventory left to work through, meaning the 22738 zip code is still a solid buyer's market.
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$159K  
Yet again, no deals were completed in the 22738 zip code market over the last 30 days. The 22738 zip code is used to having 1.7 sales per month.
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The 22738 zip code has a younger population than other areas in Virginia with a median age of 43 years. It is also somewhat affluent 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:

$695K  
The 22738 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 22738 zip code usually averages 1.7 sales per month.
Comments:

$649K  
The 22738 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 22738 zip code usually averages 1.7 sales per month.
Comments:

$159K  
Yet again, no deals were completed in the 22738 zip code market over the last 30 days. The 22738 zip code is used to having 1.7 sales per month.
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Roy Wheeler Realty Co.
Snapped 2 homes in this area

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