22948Brightwood, VA Housing Market
$312,000median sale price
The 22948 zip code, located in Brightwood, VA, is currently classified as a balanced market. The median sale price stands at $312,000, representing a -52.4% change year over year. Homes in this area spend an average of 256 days on the market before going under contract. There are currently 3 active listings in the area, which influences how much negotiating power buyers and sellers have.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 22948 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
256
Average pace
Active listings
3
Sale-to-list
104.0%
Above asking
Market trends
Market analysis for 22948
The 22948 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 104.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 22948 have declined -52.4% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. 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
41
Median age
75.1 years
Owner-occupied
100.0%
Living in 22948
Zip code 22948 is home to approximately 41 residents. With a median age of 75.1 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 100.0% 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.
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 22948.
Frequently asked questions about 22948
What is the median home price in 22948?
The current median sale price in 22948 is $312,000, based on recent Redfin transaction data. Prices have changed -52.4% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 22948 a buyer's or seller's market?
The 22948 zip code is currently classified as a balanced 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 22948?
Zip code 22948 has a population of approximately 41 residents. About 100.0% 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 22948?
Properties Incorporated provides comprehensive data for 22948 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 22948 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. Visit our data sources page to learn more about our data methodology and update schedules.
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