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Sarah Mitchell
Compass Real Estate · ZIP 20112
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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20112 ZIP Code Housing Market
$825,000median sale price
What is the 20112 housing market like right now?
The median home sale price in ZIP code 20112 is $825,000, up 13.8% year-over-year. Homes sell in an average of 29 days with 76 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 20112 ZIP code a buyer's or seller's market?
ZIP code 20112 is currently a balanced market and homes selling in about 29 days. How we determine this →
What are the latest 20112 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $825,000 |
| Median list price | $749,950 |
| Year-over-year price change | +13.8% |
| Average days on market | 29 days |
| Active inventory | 76 listings |
| Sale-to-list price ratio | 100.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 20112 zip code, located in Independent Hill, VA, is currently classified as a balanced market. The median sale price stands at $825,000, representing a +13.8% change year over year. Homes in this area spend an average of 29 days on the market before going under contract. There are currently 76 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 20112 sits in the Independent Hill, VA area, roughly 1.8 miles from downtown Independent Hill. Because home prices are set street by street, this ZIP can move differently from Independent Hill's citywide averages. The figures below reflect 20112 specifically — drawn from Redfin transactions, U.S. Census data for its 30,500 residents, and Zillow value estimates.
Homes sold
98
Last 12 weeks
Days on market
29
Average pace
Active listings
76
Sale-to-list
100.8%
Above asking
What is driving the 20112 housing market?
The 20112 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.8% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 20112 have increased +13.8% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 20112 stands at $752,372, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $3,539 per month. This gives a price-to-rent ratio of approximately 17.7, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 20112?
Population
30,500
Median income
$195,467/yr
Median age
40.8 years
Owner-occupied
96.6%
College grads
52.1%
Avg commute
52.84 min
What is it like living in 20112?
Zip code 20112 is home to approximately 30,500 residents. The median household income is $195,467 per year, which shapes the types of homes and amenities available in the area. With a median age of 40.8 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 96.6% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 52.1% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 52.84 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 20112.
Which public schools serve ZIP 20112?
10 schools tracked · 7,337 students
The largest public schools serving ZIP code 20112 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Charles J. Colgan Sr. High
Grades 9-12 · 2,945 students
Louise A. Benton Middle
Grades 6-8 · 1,357 students
Herbert J. Saunders Middle
Grades 6-8 · 1,200 students
Ashland Elementary
Grades PK-5 · 767 students
Thurgood Marshall Elementary
Grades K-5 · 655 students
Coles Elementary
Grades PK-5 · 413 students
Woodbine Pre-School Center
Grades PK
Independence Nontraditional Center
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 20112
What is the median home price in 20112?
The current median sale price in 20112 is $825,000, based on recent Redfin transaction data. Prices have changed +13.8% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 20112 a buyer's or seller's market?
The 20112 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 20112?
Zip code 20112 has a population of approximately 30,500 residents. The median household income is $195,467 per year. About 96.6% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 20112?
Properties Incorporated provides comprehensive data for 20112 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 20112 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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