Housing in 23226 Richmond, VA is much higher than the national average. The median value of housing in this area is $414,700, compared to a US median of just $338,100. This means that those living in this neighborhood can expect a higher quality of life and increased investment potential. Not only does 23226 Richmond have a higher median house value, but it also has seen larger appreciation rates than the national average over the past year. The US 1 year house appreciation rate was 8.27%, while the one year appreciation rate in 23226 Richmond was 13.65%. This could be indicative of strong economic stability and development within this area.
The median home cost in Richmond (zip 23226) is $414,700. Home appreciation the last 10 years has been 94.1%. Home Appreciation in Richmond (zip 23226) is up 15.2%.
Average Age of Homes
- The median age of Richmond (zip 23226) real estate is 66 years old
The Rental Market in Richmond (zip 23226)
- Renters make up 24.0% of the Richmond (zip 23226) population
- 0.4% of houses and apartments in Richmond (zip 23226), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.