Zip 23230 (Richmond, VA) Housing

The housing market in 23230 Richmond, VA is strong. The median value for houses in this area is $336,600, which is slightly lower than the US house median value of $338,100. However, the 1 year house appreciation in 23230 Richmond, VA is 13.65%, which is much higher than the US average of 8.27%. This indicates that housing prices in this area are increasing quickly and can be a great opportunity for those looking to invest in real estate.

The median home cost in Richmond (zip 23230) is $336,600. Home appreciation the last 10 years has been 94.1%. Home Appreciation in Richmond (zip 23230) is up 15.2%.

Average Age of Homes

- The median age of Richmond (zip 23230) real estate is 58 years old

The Rental Market in Richmond (zip 23230)

- Renters make up 35.6% of the Richmond (zip 23230) population
- 2.2% of houses and apartments in Richmond (zip 23230), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Richmond, Virginia	United States
	4,158.0	139,647,020.0
	63	42
	$336,600	$338,100
	15.2%	16.6%
	57.6%	57.0%
	94.1%	101.1%
	$8.83	$10.98
	$2,382	$2,690
	35.0%	57.4%
	8.8%	11.2%
	56.2%	31.4%
Vacant Housing
	2.2%	1.9%
	2.9%	0.4%
	0.6%	0.7%
	2.3%	0.4%
	0.0%	3.6%
	0.8%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.0%	2.4%
	0.3%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	11.6%	11.3%
	22.0%	13.0%
	23.1%	20.1%
	12.7%	13.6%
	15.2%	8.3%
	13.0%	9.7%
	1.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.2%	0.2%
	5.2%	13.6%
	5.2%	13.6%
	5.6%	13.6%
	4.7%	13.2%
	4.8%	14.8%
	5.6%	13.6%
	34.1%	10.0%
	6.0%	4.7%
	16.8%	12.2%

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