$269K  
The 23878 zip code market reported another in a series of 30-day periods with zero home sales. The 23878 zip code usually averages 1.4 sales per month.
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$430K  
Once again, no deals were completed in the 23878 zip code market over the last 30 days. The 23878 zip code is used to having 1.4 sales per month.
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$269K  
The 23878 zip code market saw zero more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since February at two. In comparison, the 23890 zip code had 22 price reductions in the same time frame, the most of all nearby zip codes.
Comments:

23878 is a smaller-than-average zip code in Virginia with a population of 1,132 residents, and it has a much lower than average density compared to the rest of the state, with 25.0 people per square mile. With an ownership ratio of 70.8%, most people in the 23878 zip code are homeowners.
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$309K  
Over the last 30 days, a solid upward trend of new sellers coming into the 23878 zip code market continued, with five listings in this week's report. Meanwhile, sales have fallen, with one home selling during the same period. Prices are falling in the 23878 zip code, and this period the median price of all sales fell from $303,500 to $265,000. Along with the slip in sales, a relatively high 10 months of inventory indicates that the 23878 zip code is a definite buyer's market.
Comments:

$285K  
More sellers put their homes up for sale in the 23878 zip code market over the last 30 days and the number of new listings climbed this week to six. Home sales remained unchanged from the prior period and once again two homes were sold. Prices were able to climb as this week's reported median sales price of $303,500 continued a four-week upswing.
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$244K  
In this week's report, the number of homes sold in the 23878 zip code market tumbled to two over the past 30 days, a decrease of 60.0% from last week's report, but still above the monthly average. Meanwhile, the 23842 zip code reported 10 home sales, the highest number from all the surrounding zip codes. The median sales price in the 23878 zip code jumped to $303,500 while months of inventory shot up to four.
Comments:

$289K  
This week saw a record in sales growth for the 23878 zip code market. It resulted in five homes selling over 30 days, which is a 25.0% jump from last week's number and also the highest amount since January. During the same time frame, 23842 had the most sales of any other neighboring zip codes with 11. Furthermore, a three-week upward trend in new listings is expected to continue over the coming weeks. The median sales price of all transactions in the 23878 zip code did not budge this week, remaining at $209,900. With only one month of inventory and rising sales, the 23878 zip code is a solid seller's market.
Comments:

$289K  
The number of home sales in the 23878 zip code market climbed 33.3% to four homes over the last 30 days, above the 1.3 monthly average. In comparison, the nearby 23842 zip code had 13 sales in the same time frame, the most of all neighboring zip codes. The median sales price of all transactions in the 23878 zip code did not budge this week, remaining at $209,900. With only one month of inventory and rising sales, the 23878 zip code is a solid seller's market.
Comments:

The population of the 23878 zip code is somewhat affluent compared to others in Virginia with a median income of $46,055 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 98.0. Homes in the 23878 zip code are relatively old with a median age of 35 years.
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