22842, Mount Jackson, VA

Mount Jackson, VA is located in the 22842 zip code. According to the 2010 census, Mount Jackson has a population of 2,927. Home equity and home prices in the 22842 zip code are important factors to consider when looking at purchasing a home.

According to Zillow, as of September 2016, the median home value in the 22842 zip code was $183,200. This is significantly lower than the national median home value of $217,500. The average home value in Mount Jackson decreased by 5% between September 2016 and September 2015. The decrease in average home values can be attributed to several factors including low inventory levels and increased demand from buyers who are seeking homes outside of traditional housing markets.

Despite the decrease in average home values, there are still many opportunities for homeownership within Mount Jackson. In September 2016, there were 1,853 active listings within the 22842 zip code compared to 1,902 listings as of September 2015. This indicates that there is still strong demand for homes within this area. Additionally, according to Zillow’s August 2016 report on housing market conditions across 20 major U.S. cities*, Mount Jackson had one of the lowest foreclosure rates (0%) among all cities studied*. This indicates that even though homes may not be selling at an affordable price right now, there is still potential for homeownership within this area if you are willing to wait for a suitable property opportunity.*