Zip 23236 (Richmond, VA) Housing

The housing market in 23236 Richmond, VA is booming, with a median home value of $327,700. This is significantly lower than the US median home value of $338,100, making it an attractive area for potential homeowners. In addition, the 1 year house appreciation rate in Richmond is 13.65%, much higher than the national average appreciation rate of 8.27%. This data suggests that investing in Richmond real estate may be a smart decision for buyers looking to capitalize on rising home values over time.

The median home cost in Richmond (zip 23236) is $327,700. Home appreciation the last 10 years has been 94.1%. Home Appreciation in Richmond (zip 23236) is up 15.2%.

Average Age of Homes

- The median age of Richmond (zip 23236) real estate is 35 years old

The Rental Market in Richmond (zip 23236)

- Renters make up 13.3% of the Richmond (zip 23236) population
- 0.3% of houses and apartments in Richmond (zip 23236), 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
	10,544.0	139,647,020.0
	38	42
	$327,700	$338,100
	15.2%	16.6%
	57.6%	57.0%
	94.1%	101.1%
	$9.10	$10.98
	$2,243	$2,690
	85.0%	57.4%
	2.8%	11.2%
	12.1%	31.4%
Vacant Housing
	0.3%	1.9%
	0.2%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	0.0%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.8%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	5.0%	11.3%
	19.5%	13.0%
	49.4%	20.1%
	14.5%	13.6%
	6.2%	8.3%
	1.7%	9.7%
	0.4%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	10.4%	13.6%
	10.4%	13.6%
	10.2%	13.6%
	36.2%	13.2%
	27.1%	14.8%
	10.2%	13.6%
	2.9%	10.0%
	1.1%	4.7%
	1.3%	12.2%

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