The story of this market
The typical home in ZIP 22643 sells for about $847,000, or $165 per square foot.
Prices are up +1.7% from a year ago, so sellers still have some momentum. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 22643 — Markham
The housing market in 22643 shows steady growth with a modest year-over-year price increase and balanced inventory levels. Demand remains consistent, supported by local employment stability and moderate affordability compared to broader regional trends. Current data indicates a healthy market environment for both buyers and sellers.
This ZIP code is well-suited for families and long-term residents seeking a suburban environment with access to regional employment centers and stable community amenities.
Median prices moved up 1.7% year over year.
Homes spend a median of 44 days on market with 4.0 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 13.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 22643, Madison County
Crime rates in this area are generally reported as lower than the regional average, with stable trends observed over the last year.
Local schools are characterized by moderate performance ratings, with most institutions meeting state standards for academic growth.
The area faces moderate risk from seasonal weather events, with standard insurance coverage typically available for flood and wind damage.
Economic momentum is driven by regional manufacturing and service-sector employers, with steady infrastructure investment supporting local development.
Property taxes are assessed at the county level based on fair market value, with specific millage rates applied for school and municipal services.
Residents primarily commute by car to nearby employment hubs, with average travel times reflecting typical suburban traffic patterns.
The area features several community parks and local trail systems, with basic retail and dining options located within a short driving distance.
The rental market shows moderate demand with stable vacancy rates, reflecting a balance between long-term residents and a small transient workforce.
The local economy is anchored by manufacturing and healthcare sectors, with significant employment opportunities provided by regional corporate campuses.
Transportation infrastructure relies heavily on highway corridors, with limited public transit options available for daily commuting.
Development pipeline includes several approved mixed-use projects designed to increase housing density near existing commercial zones.
The county appraisal district conducts annual assessments to determine property values for tax purposes, following state-mandated guidelines.
Parcels are subject to standard school and municipal tax districts, with no major special utility or flood control districts reported.
Property insurance premiums are stable, reflecting the area's moderate risk profile and established building codes.
Net domestic migration remains positive, driven by individuals relocating for employment and lower cost-of-living advantages.
The state follows a non-judicial foreclosure process, with specific notice periods required before property auctions can occur.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property at the time of listing.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides walking trails and recreational fields for residents.
Serves as the primary hub for local dining and retail needs.
Key-figure check: median price diverges 59.2% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $345,750 (59.2% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $345,750 (-59.2% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.