22485 Home Values & Market Trends

There are 53 homes currently listed for 22485. 22485 real estate market trends show that home prices range from $125,000 to $899,000, and the median sales price in the 22485 zip code is $406,429.29. The total number of properties sold within the past twelve months is 341. In 22485, 13 properties are in foreclosure, 3 are bank owned properties,and 10 are headed for auction.

Housing Market Summary for 22485

Mar 2023February 2024Change
Median Listing Price$342K$399K16.66%
Median Sold Price$375K$399K6.39%
Homes For Sale485718.75%
Homes Sold15518720.65%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 22485

The median list price of a home in King George, is $406,429.29. A total of 53 properties are for sale, and the percentage of properties for sale in the zip code is 53.00%. The total count of 22485 properties is 8,940.

Foreclosure
There is 1 cities within 22485; within this cities, the median estimated home value for homes in foreclosure ranges from $556,066 in king george to the lowest value of $154,900 in king george. Foreclosure homes account for 0.00% of properties in 22485 with king george containing 13 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 22485 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 22485; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 22485 ranges from the highest value of $196,598 in king george to the lowest value of $154,900 in king george. Bank owned homes and properties account for 0.03% of properties in 22485. There is 1 cities within 22485; king george containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    king george has 10 auction properties, the highest number of properties going to auction in a single city in the state of 22485. Auction homes and other auction properties account for 0.11% of all properties in 22485. There is 1 cities within 22485; of that cities, the median estimated home value for homes going to auction ranges from $556,066 in king george to the lowest value of $196,534 in king george.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.59% of residential properties in 22485 with king george containing 53 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 22485; homes for sale in that cities, have a range of median values from $1,551,757 in king george to the lowest value of $35,089 in king george.
    Sold Homes
    The median value for recently sold homes ranges from $1,694,730 in king george to the lowest price of $41,727 in king george. There is 1 cities within 22485. king george has 166 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.86% of properties in 22485.

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      Guide for 22485

      Market Reports
      Chesapeake Property Values Rise 7%, Sales Dynamics Vary in Recent Analysis
      Market Reports
      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      Market Reports
      Newark Real Estate Market Report, March 2024
      See More Articles
      Chesapeake Property Values Rise 7%, Sales Dynamics Vary in Recent Analysis
      Market Reports|posted 20 March 2024

      The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.

      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      Market Reports|posted 13 February 2024

      The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.

      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.