$875K  
The 22740 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 five. The median sales price of all transactions in the 22740 zip code did not budge this week, remaining at $750,000. Along with flat sales, a relatively high 15 months of inventory indicates that the 22740 zip code is a definite buyer's market.
Comments:

22740 is a zip code in Virginia. It's affluent and the cost of living is average compared to the rest of the state, with a median income of $55,088 per household and cost of living adjustment score of 102.0. The 22740 zip code is made up of homes that are older than most with a median of 41 years.
Comments:

$595K  
The 22740 zip code market will be heating up, as not only have sales inched up this week to one home sold over the last 30 days, but there is a confirmed upward trend of new listings, with five going live in the same time frame. The 22740 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 13 months of remaining inventory.
Comments:

$875K  
The 22740 zip code market is remaining active, and while sales this week came in at zero homes sold over the last 30 days, new listings are at the highest they've been since last April. During the same time frame, 22701 had the most new listings of any other neighboring zip codes with 61.
Comments:

$1.2M  
The number of homes coming into the 22740 zip code market stayed firm with three 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 of homes sold came in at $272,500, which extended a price upswing to four weeks.
Comments:

$1.2M  
In this week's report, the number of homes sold in the 22740 zip code market slid to two over the past 30 days, a decrease of 33.3% from last week's report, but still above the monthly average. Meanwhile, the 22701 zip code reported 38 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $272,500, down from last week's $350,000.
Comments:

$390K  
The 22740 zip code market slowed this week but was still better than normal as sales dropped 25.0% to three homes sold over the last 30 days. Meanwhile, the 22701 zip code reported 33 home sales, the highest number from all the surrounding zip codes. Potential buyers should take note that the median sales price in the 22740 zip code rose to $350,000 and that there are four months of inventory still available.
Comments:

$475K  
With 1,324 residents, 22740 is a smaller-than-average zip code in Virginia. Also, with 17.1 people per square mile, it has a much lower than average density in comparison to other parts of the state. It should be noted that at 56.9%, most people own their homes in the 22740 zip code.
Comments:

$390K  
Sales in the 22740 zip code market rose to four homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with one price reduction in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price in the 22740 zip code stayed put this week at $334,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 22740 zip code is a seller's market.
Comments:

$239K  
The 22740 zip code market is experiencing a prolonged pullback but sales stood their ground this week at two homes sold over the last 30 days. The median sales price in the 22740 zip code stayed put this week at $334,000.
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