$120K  
Over the last 30 days, sales in the 22842 zip code market fell to three. However, the number of pending transactions continued to improve, reaching a total of seven during the same period. The median sales price dropped to $115,000 over the latest reporting period for the 22842 zip code, down from $122,500. The 22842 zip code is a definite buyer's market, due to a big 23 months of inventory left and aided by the dip in sales.
Comments:

$175K  
22842 is a somewhat affluent zip code in Virginia with a median income of $51,906 per household. The population is also considered younger than most with a median age of 43 years. The 22842 zip code is an area where most people own their homes, with an ownership ratio of 52.9%.
Comments:

$170K  
The 22842 zip code market improved this week with four homes sold over the last 30 days. In comparison, the nearby 22824 zip code had seven sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 22842 zip code, and for this period the median sales price slid from $130,000 to $122,500. The 22842 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 18 months of remaining inventory.
Comments:

$549K  
Over the last 30 days, the 22842 zip code market picked up with three homes sold. To put it in perspective, the close-by 22824 zip code registered seven homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 22842 zip code, and this period the median price of all sales fell from $396,000 to $130,000. The 22842 zip code is still a definite buyer's market, due to the availability of 23 months of remaining inventory, even after the uptick in sales.
Comments:

$122K  
A six-week downturn was extended after the 22842 zip code market recorded one home sale over the last 30 days. Also, a record number 12 new listings were posted, the highest since November. In comparison, the 22815 zip code had six new listings in the same time frame, the most of all nearby zip codes. Prices are rising in the 22842 zip code, and the median sales price this period increased from $229,750 to $396,000. The 22842 zip code is a definite buyer's market, due to a downward trend in sales numbers and 75 months of inventory remaining.
Comments:

$385K  
Over the last 30 days, the 22842 zip code market had a decrease in home sales with two. Furthermore, the amount of pending transactions continued to decline, with a total of three contracts during the same period. The median sales price rose dramatically to $229,750 over the latest reporting period for the 22842 zip code, up from $138,500. A downturn in contracts, coupled with the availability of 36 months of inventory, prove that the 22842 zip code is a definite buyer's market.
Comments:

$385K  
The 22842 zip code market remained soft this week as sales fell 20.0% to land at four homes sold over the last 30 days. Within the same time frame, the 22664 zip code had eight sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 22842 zip code, and for this period the median sales price slid from $165,000 to $138,500. The 22842 zip code is a definite buyer's market, due to a big 18 months of inventory left and aided by the dip in sales.
Comments:

$175K  
The population of the 22842 zip code is growing faster than the rest of Virginia, at a 10-year growth rate of 14.4%. It's a larger than average zip code compared to the rest of the state, with 5,611 residents. With a median age of 33 years, homes in the 22842 zip code tend to be relatively old.
Comments:

$122K  
Sales numbers in the 22842 zip code market remain the same with five homes sold over the last 30 days and the market still shows an identifiable trend downward overall. The median sales price in the 22842 zip code stayed put this week at $165,000. The 22842 zip code is a solid buyer's market, due to a downward trend in sales numbers and 14 months of inventory remaining.
Comments:

$239K  
The 22842 zip code market saw two homes go under contract and failed to break out of an identifiable downward trend. Along with that, total home sales fell to five over the last 30 days. The median sales price rose to $165,000, up from last week's $140,000. With a downward trend in contracts numbers and 14 months of inventory still left to work through, the 22842 zip code is a strong buyer's market.
Comments:
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