22820

Buyer's market

$310,000median sale price

The 22820 zip code, located in Laymantown, VA, is currently classified as a buyer's market. The median sale price stands at $310,000. Homes in this area spend an average of 217 days on the market before going under contract.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 22820 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.

Homes sold

1

Last 12 weeks

Days on market

217

Average pace

Active listings

Sale-to-list

91.5%

Below asking

Market trends

Market analysis for 22820

The 22820 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 91.5% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 22820 have remained relatively stable compared to last year. 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.

Community profile

Population

257

Median age

39.8 years

Owner-occupied

7980.0%

College grads

1350.0%

Living in 22820

Zip code 22820 is home to approximately 257 residents. With a median age of 39.8 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 7980.0% 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 1350.0% 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. 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 22820.

Frequently asked questions about 22820

What is the median home price in 22820?

The current median sale price in 22820 is $310,000, based on recent Redfin transaction data. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 22820 a buyer's or seller's market?

The 22820 zip code is currently classified as a buyer's 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 and demographics of 22820?

Zip code 22820 has a population of approximately 257 residents. About 7980.0% 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 22820?

Properties Incorporated provides comprehensive data for 22820 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 22820 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.

Get zip code 22820 market alerts

Weekly updates on prices, inventory, and trends. Free forever.