$299K  
The number of homes coming into the 22844 zip code market shot up to six 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 rose to $248,500, up from last week's $226,000. The 22844 zip code is a solid buyer's market, thanks to a big 17 months of inventory to choose from and the flat sales.
Comments:

22844 is an average-sized zip code in Virginia with 4,423 residents. Also, it has seen a 14.4% increase in population over the last 10 years. Detached homes account for 94% of the area's current housing market.
Comments:

$2M  
The 22844 zip code market is currently in the middle of an unwavering upward sales trend, even as sales fell to two homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price jumped to $226,000 over the latest reporting period for the 22844 zip code, up from $165,000. Along with the slip in sales, a relatively high 16 months of inventory indicates that the 22844 zip code is a definite buyer's market.
Comments:

$2M  
The 22844 zip code market was active in this week's report, as the number of sales went up to three homes sold over the last 30 days. To put it in perspective, the close-by 22835 zip code registered seven homes sold in the same period, the most of all surrounding zip codes. Prices were able to climb as this week's reported median sales price of $165,000 continued a four-week upswing. Despite the rising prices, with 11 months of inventory left to work through, the 22844 zip code is still a definite buyer's market.
Comments:

$104K  
In this week's report, the number of homes sold in the 22844 zip code market slid to two over the past 30 days, a decrease of 33.3% from last week's report. In comparison, the nearby 22835 zip code had seven sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 22844 zip code, and the median sales price this period increased from $106,000 to $117,500. Along with the slip in sales, a relatively high 16 months of inventory indicates that the 22844 zip code is a strong buyer's market.
Comments:

$139K  
Sales remained at two homes sold over the last 30 days in the 22844 zip code market. Sellers can expect more competition, due to a six-week upward trend in homes coming into the market, now up to four 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 of all transactions in the 22844 zip code did not budge this week, remaining at $88,000. With no movement in sales and the availability of 16 months of inventory, the 22844 zip code is a definite buyer's market.
Comments:

$299K  
Over the last 30 days, the number of homes sold in the 22844 zip code ticked up to two. While the sales increased, the amount of pending transactions also trended upward, reaching a total of four during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Prices are falling in the 22844 zip code, and this period the median price of all sales fell from $106,000 to $88,000. Despite the rising contracts trend, with 15 months of inventory to work through, the 22844 zip code is a still solid buyer's market.
Comments:

$159K  
The population of the 22844 zip code is somewhat affluent compared to others in Virginia with a median income of $49,919 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 109.1. With a median age of 31 years, homes in the 22844 zip code tend to be relatively old.
Comments:

$105K  
Sales numbers in the 22844 zip code market remain the same with one home sold over the last 30 days and the market still shows a budding trend downward overall. Pricing in the 22844 zip code remains consistent from last week to this week, with the median sales price at $106,000 again. A downturn in sales, coupled with the availability of 30 months of inventory, prove that the 22844 zip code is a solid buyer's market.
Comments:

$179K  
With an emerging upward trend of new sellers listing homes, including four over the last 30 days, and sales that have ticked up to one in that same time frame, the 22844 zip code market will be heating up. The 22844 zip code is still a definite buyer's market, due to the availability of 27 months of remaining inventory, even after the uptick in sales.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
Coldwell Banker Premier
Snapped 1 home in this area
ERA Oakcrest Realty, Inc.
Snapped 1 home in this area
Douglas Realty LLC
Snapped 1 home in this area

Agents that specialize in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.