20136, Bristow, VA

Bristow, VA is located in the Northern Virginia region and has a population of around 25,000 people. The 20136 zip code covers a total area of just over 10 square miles and has a median home price of $269,000. Home equity in Bristow is relatively high compared to other regions in the country. In 2013, the average home equity for all zip codes in the United States was just over $100,000. In Bristow however, the average home equity was over $200,000. This high level of equity can be attributed to several factors including low unemployment rates and strong job growth in Bristow over the past few years.

One important factor that affects home prices is interest rates. Interest rates have been on a downward trend for many years now and this has had an impact on home values throughout the country. However, interest rates in Bristow are still relatively high when compared to other areas of the country. This means that homeownership opportunities are still available in Bristow but they may require higher down payments than usual.

Another important factor that affects home prices is supply and demand. Over time, there has been an increase in demand for homes due to strong job growth and low unemployment rates. At the same time however, there has been an increase in supply due to new development projects and retirements among homeowners who are looking to downsize their homes. This combination of high demand and limited supply has resulted in increased prices for homes throughout Bristow over recent years