Zip Code:

22747, Washington, VA

22747 is a Virginia Zip code within the city of Washington and the county of Rappahannock County. Its population is roughly 1,367.

The Real Estate Market in the 22747 Zip Code of Washington, VA.

The 22747 zip code of Washington, VA is located in the Northern Virginia region and has a population of around 176,000. Home prices in this zip code have increased significantly over the past few years, with median home prices reaching $269,000 as of September 2017. This increase in home values has been driven by strong demand from both buyers and sellers alike.

There are many factors that contribute to the high demand for homes in the 22747 zip code of Washington, VA. One reason is that this area is growing rapidly and there are plenty of new homes being built to meet the needs of residents. Additionally, many people who live in this zip code are young professionals who want to be close to major cities like Arlington and Alexandria. Finally, there is a large number of jobs available in nearby areas like Arlington County and Alexandria City.

Despite these positive factors, there are also some challenges facing home buyers in the 22747 zip code of Washington, VA. One issue is that housing prices have risen so quickly that many people who would have been able to afford a house a few years ago now cannot afford one on their own income. Additionally, although there are plenty of houses for sale in this area, most of them are already occupied by people who can afford them. This means that it may take some time for someone looking to buy a house in this zip code to find an available property that meets their needs.

Price Index: Washington-Arlington-Alexandria, DC-VA-MD-WV (MSAD)

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