Home Values

22485 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in 22485 is $136, which is lower than the King George average of $137. The median price of homes currently listed in 22485 is $280,000 while the median price of homes that sold is $275,950. The median rent price in 22485 is $1,400, which is the same as the King George median of $1,400.

Foreclosures will be a factor impacting home values in the next several years. In 22485 0.7 homes are foreclosed (per 10,000). This is the same as the King George value of 0.7 and also lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 22485 is 4.3%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 22485 homeowners underwater on their mortgage is 28.5%, which is the same as King George at 28.5%.

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Relative ZHVI
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22485 Market Overview

Data through Dec 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $280,000 Median listing price
  • $275,950 Median sale price
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22485 Market Health

Data through Dec 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 28.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.3% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
20693 $340,700
20664 $287,800
20662 $275,600
Name Median ZHVI
22427 $171,900
 
 

Listings & Sales

Data through Dec 31, 2014
  • $136 Median list price / sq ft
  • $126 Median sale price / sq ft
  • 16.8% Listings with price cut
23.2%
Sold below listing
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22485 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,551 22485
    $1,541 King George
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,400 Rent list price
  • $0.84 Rent list price / sq ft
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