22485 Home Values & Market Trends

There are 57 homes currently listed for 22485. 22485 real estate market trends show that home prices range from $125,000 to $1,349,000, and the median sales price in the 22485 zip code is $406,408.79. The total number of properties sold within the past twelve months is 349. In 22485, 13 properties are in foreclosure, 3 are bank owned properties,and 10 are headed for auction.

Housing Market Summary for 22485

Feb 2023January 2024Change
Median Listing Price$339K$385.6K13.73%
Median Sold Price$375.9K$385.6K2.57%
Homes For Sale51521.96%
Homes Sold1691774.73%
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 $406,408.79. A total of 57 properties are for sale, and the percentage of properties for sale in the zip code is 57.00%. The total count of 22485 properties is 8,935.

Foreclosure
There is 1 cities within 22485; within this cities, the median estimated home value for homes in foreclosure ranges from $555,815 in king george to the lowest value of $138,120 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 $190,650 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 $555,815 in king george to the lowest value of $138,120 in king george.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.64% of residential properties in 22485 with king george containing 57 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 $1,669,028 in king george to the lowest value of $121,437 in king george.
    Sold Homes
    The median value for recently sold homes ranges from $1,744,575 in king george to the lowest price of $41,887 in king george. There is 1 cities within 22485. king george has 197 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.20% of properties in 22485.

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      Guide for 22485

      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
      Beautiful house in the country
      Foreclosure
      The 5 Most Common Mistakes to Avoid When Buying a Foreclosed Home
      Market Reports
      Moderate Fluctuations but Steady Property Sales Mark Tulsa’s Real Estate Scene
      See More Articles
      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

      Beautiful house in the country
      The 5 Most Common Mistakes to Avoid When Buying a Foreclosed Home
      Foreclosure|posted 16 February 2024

      Buying foreclosure homes can be tricky – here are the most common pitfalls to avoid

      Moderate Fluctuations but Steady Property Sales Mark Tulsa’s Real Estate Scene
      Market Reports|posted 16 February 2024

      The Tulsa real estate market showcases modest fluctuations in property values, with notable seasonal influences. Sold price per square foot remains fairly stable, and neighboring cities generally exhibit higher property values. While factors like economic conditions and local developments play a role, understanding this market requires deeper investigation.