$157K  
The 23874 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 zero. The median sales price of all transactions in the 23874 zip code did not budge this week, remaining at $55,777. The 23874 zip code is a solid buyer's market, thanks to a big 15 months of inventory to choose from and the flat sales.
Comments:

The 23874 zip code has a cost of living adjustment score of 91.2, which is less expensive when compared to others in Virginia. Also, the area is considered less affluent than average with a median income of $45,523 per household. The 23874 zip code is made up of homes that are relatively old with a median of 35 years. The best school in the zip code is Meherrin Elementary School.
Comments:

$157K  
Over the last 30 days, a new downward trend of new sellers coming into the 23874 zip code market continued, with zero listings in this week's report. Meanwhile, sales remained flat, with one home selling during the same period. The median sales price of all transactions in the 23874 zip code did not budge this week, remaining at $55,777. The 23874 zip code is a definite buyer's market, thanks to a big 15 months of inventory to choose from and the flat sales.
Comments:

$157K  
The 23874 zip code market took a break this week as sales dropped to one home sold over the last 30 days. However, the number of homes under contract shows a confirmed upward trend, and is now at two. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Potential buyers should note that prices are coming down in the 23874 zip code, and for this period the median sales price slid from $107,788 to $55,777. The 23874 zip code is a solid buyer's market, thanks to a big 16 months of inventory to choose from and a pullback in sales.
Comments:

$157K  
This week in the 23874 zip code market, sales rose to two homes sold over the last 30 days, even with an emerging downward trend in price reductions, with zero in the same time frame. Prices are falling in the 23874 zip code, and this period the median price of all sales fell from $159,800 to $107,788. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 23874 zip code is still a solid buyer's market.
Comments:

$157K  
The number of sellers who put their homes up for sale in the 23874 zip code market over the last 30 days remained flat this week at two. Home sales also remained unchanged from the prior period and once again one home was sold. Pricing in the 23874 zip code remains consistent from last week to this week, with the median sales price at $159,800 again. The 23874 zip code is a strong buyer's market, thanks to a big 16 months of inventory to choose from and the flat sales.
Comments:

$157K  
With one home sold in the 23874 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with two new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for the 23874 zip code, coming in at $159,800. The 23874 zip code is a definite buyer's market, thanks to a big 16 months of inventory to choose from and the flat sales.
Comments:

$157K  
The 23874 zip code market showed healthy signs this week as sales reached one home sold over the last 30 days, edging past the average sales volume for the prior 12 months. In comparison, the nearby 23851 zip code had nine sales in the same time frame, the most of all neighboring zip codes. The 23874 zip code is still a definite buyer's market, due to the availability of 17 months of remaining inventory, even after the uptick in sales.
Comments:

23874 is a smaller-than-average zip code in Virginia with 1,054 residents. Also, it has a much lower than average density with 21.2 people per square mile. It should be noted that at 68.1%, most people own their homes in the 23874 zip code. Topping the list of best schools in the zip code is Meherrin Elementary School.
Comments:

$115K  
No deals were completed in the 23874 zip code market over the last 30 days. The 23874 zip code usually averages 1.0 sales per month.
Comments:
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