The story of this market
The typical home in ZIP 22511 sells for about $325,000, or $323 per square foot.
Prices are down 2.5% from a year ago, which gives buyers more room to negotiate. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 22511 — Lottsburg
The housing market in 22511 is characterized by low inventory and slow turnover, typical of a rural, waterfront community. Prices have remained relatively stable over the past year, driven by demand for lifestyle properties rather than speculative investment. The market is currently balanced, with limited new construction activity.
This ZIP is best suited for retirees, second-home buyers, and those seeking a quiet, rural waterfront lifestyle away from dense urban centers.
Median prices moved down 2.5% year over year.
Homes spend a median of 120 days on market with 6.0 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 16.4% · poverty 21.3% — elevated distress and economic pressure.
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 5.0%/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 5.6%/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 22511, Northumberland County VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools serving the Lottsburg area are part of the Northumberland County Public Schools system, which generally maintains rural district performance standards.
The area is subject to coastal flood risks due to its proximity to the Potomac River and Chesapeake Bay tributaries; insurance premiums reflect these environmental exposures.
Economic momentum is primarily driven by local agriculture, maritime industries, and tourism, with limited large-scale commercial development.
Property taxes are assessed at the county level by Northumberland County; the rate is applied to the fair market value of real estate as determined by the county assessor.
Commuting is primarily car-dependent, with long drive times to major employment hubs in the Northern Neck or toward the Fredericksburg/Richmond regions.
The area offers significant access to water-based recreation, including boating, fishing, and crabbing on the Potomac River and nearby creeks.
The rental market is limited, consisting largely of single-family homes with low turnover and minimal multi-family inventory.
The local economy is anchored by agriculture, commercial fishing, and small-scale tourism, with most residents commuting outside the immediate area for professional services.
Development is largely restricted to low-density residential and agricultural use, with no major commercial projects currently in the pipeline.
Parcels are subject to Northumberland County property taxes and local school district levies.
Property insurance costs are influenced by flood zone designations and the rural nature of the geography, which can impact carrier availability.
Data retrieved from data.census.gov 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.
Major regional waterway providing extensive boating and fishing access.
Protected coastal area featuring trails and wildlife viewing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.