Short Pump, VA is an affluent suburb of Richmond with a housing median value of $408,200. This is significantly higher than the US House Median Value of $338,100 and shows a much higher appreciation rate over the last year at 13.65%, compared to the US 1 year House Appreciation rate of 8.27%. The high housing median value in Short Pump reflects its desirability as a safe and comfortable place to live with excellent schools and access to great amenities in the area.
The median home cost in Short Pump (zip 23233) is $408,200. Home appreciation the last 10 years has been 94.1%. Home Appreciation in Short Pump (zip 23233) is up 15.2%.
Average Age of Homes
- The median age of Short Pump (zip 23233) real estate is 24 years old
The Rental Market in Short Pump (zip 23233)
- Renters make up 29.9% of the Short Pump (zip 23233) population
- 1.2% of houses and apartments in Short Pump (zip 23233), 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.