$459K  
Typically, 22815 zip code accounts for 2.7 sales per month. This time sellers weren't able to find buyers for their properties, resulting in another 30 day period of no sales.
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$154K  
The 22815 zip code market reported zero sales over the last 30 days, appearing to hit bottom after trending lower for four weeks.
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$154K  
With 9,199 residents, 22815 is a larger than average zip code in Virginia. Also, with a 31.5% increase over the last 10 years, its population is growing faster than other parts of the state. Detached homes account for 97% of the area's current housing market.
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$139K  
Sales numbers in the 22815 zip code market remain the same with one home sold over the last 30 days and the market still shows a recent trend downward overall. As sales trended lower, the median sales price went down as well, trending downwards for four weeks to $128,000. The downturn in sales and prices, coupled with the availability of 31 months of inventory, signal that the 22815 zip code is a definite buyer's market.
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$104K  
In this week's report, the number of homes sold in the 22815 zip code market slid to one over the past 30 days, a decrease of 50.0% from last week's report. Meanwhile, the 22842 zip code reported six home sales, the highest number from all the surrounding zip codes. The price of homes sold went down with the average selling price hitting a three-month low at $128,000. Along with the falling prices, the relatively large 31 months of inventory means that the 22815 zip code is a solid buyer's market.
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$325K  
The number of homes coming into the 22815 zip code market rose to 20 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 remained unchanged over the latest reporting period for the 22815 zip code, coming in at $143,950. With no movement in sales and the availability of 15 months of inventory, the 22815 zip code is a strong buyer's market.
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$486K  
The 22815 zip code market got good news this week as sales inched up to two homes sold over the last 30 days to go with an identifiable upward trend of contracts closing, now up to five. Potential buyers should note that prices are coming down in the 22815 zip code, and for this period the median sales price slid from $159,900 to $143,950. Even with the rising contracts, with 14 months of inventory available, the 22815 zip code is a still definite buyer's market.
Comments:

$154K  
22815 is a somewhat affluent zip code in Virginia with a median income of $47,834 per household. The population is also considered much older than most with a median age of 39 years. Keep in mind, most people in the 22815 zip code own their homes, with a 66.6% ownership ratio.
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$325K  
Fewer sellers put their homes up for sale in the 22815 zip code market over the last 30 days and the number of new listings fell this week to five. Home sales remained unchanged from the prior period and once again one home was sold. Months of inventory continued a steady rise, trending upwards for eight weeks to reach 15 months. With decreasing sales and the availability of so much inventory, the 22815 zip code is a strong buyer's market.
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$325K  
There was one home sold in the 22815 zip code market over the last 30 days, prolonging a four-week trend. With a record five contracts executed, the highest amount since August, that trend should continue to strengthen. In comparison, 22842 led all other nearby zip codes with four contracts executed. Potential buyers should note that prices are coming down in the 22815 zip code, and for this period the median sales price slid from $199,900 to $159,900. With no movement in sales and the availability of 28 months of inventory, the 22815 zip code is a definite buyer's market.
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