$269K  
The 23824 zip code market was steady this week as sales remained at one home over the prior 30 days, but the area is experiencing a recent upward trend of contracts closing, now up to eight. The median sales price in the 23824 zip code stayed put this week at $34,000. The 23824 zip code is a strong buyer's market, thanks to a big 58 months of inventory to choose from and the flat sales.
Comments:

$104K  
The 23824 zip code market showed some weakness, with a record low one homes sold in the last 30 days. Sales showed a 75.0% drop from the prior period, returning to a low not seen since February. When comparing other close-by zip codes within the same period, the most came from the 23002 zip code with 13 sales. Potential buyers should note that prices are coming down in the 23824 zip code, and for this period the median sales price slid from $53,000 to $34,000. The 23824 zip code is a definite buyer's market with 54 months of inventory to choose from, aided by the downturn in sales.
Comments:

23824 is a larger than average zip code in Virginia that has seen a 0.2% increase in population over the last 10 years. It also has a total population of 7,025. The 23824 zip code is made up of homes that are older than most with a median of 42 years.
Comments:

$194K  
Fewer sellers put their homes up for sale in the 23824 zip code market over the last 30 days and the number of new listings fell this week to four. Home sales remained unchanged from the prior period and once again four homes were sold. The median sales price remained unchanged over the latest reporting period for the 23824 zip code, coming in at $53,000. The 23824 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the flat sales.
Comments:

$459K  
The 23824 zip code market is enjoying a determined upward trend, even as sales remained the same this week at five homes over the last 30 days. The median sales price of all transactions in the 23824 zip code did not budge this week, remaining at $74,000. The 23824 zip code is a definite buyer's market, due to a big seven months of inventory left and aided by the flat sales.
Comments:

$199K  
Sales rose to five homes sold in the 23824 zip code market over the last 30 days. However, an identifiable downturn in the amount of pending transactions continued, with four completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices are coming down in the 23824 zip code, and for this period the median sales price slid from $129,500 to $74,000. The 23824 zip code is still a strong buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

$199K  
The 23824 zip code market saw sales remain flat this week with two homes sold over the last 30 days, while new listings spiked to 10. The median sales price of all transactions in the 23824 zip code did not budge this week, remaining at $129,500. The 23824 zip code is a definite buyer's market, thanks to a big 18 months of inventory to choose from and the flat sales.
Comments:

$167K  
The 23824 zip code has an older population than other areas in Virginia with a median age of 42 years. It is also much less affluent than average with a median income of $37,752 per household. Detached homes account for 100% of the area's current housing market.
Comments:

$459K  
The 23824 zip code market extended a three-week hot streak this week, even as sales remained flat at two homes sold over the last 30 days. The median sales price tumbled to $129,500, down from last week's $216,500. With no movement in sales and the availability of 18 months of inventory, the 23824 zip code is a strong buyer's market.
Comments:

$210K  
The 23824 zip code market saw one more home change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since December at five. In comparison, 23002 led all other nearby zip codes with 14 price reductions. Potential buyers should note that prices went up in the 23824 zip code, with the median for this period rising from $141,000 to $248,000. Along with the slip in sales, a relatively high 37 months of inventory indicates that the 23824 zip code is a solid buyer's market.
Comments:
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