Market Intelligence · VA / Henrico

Henrico, VA 23228 Housing Market

The typical home value in Henrico, VA 23228 is $331,645, up 1.6% over the past year. The median list price sits at $344,475, and homes are spending a median of 33 days on the market.

Updated August 2026Median value$332K

The median home value in Henrico, VA 23228 is $332K as of August 2026, up 1.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 23228 range

$305K to $358K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.6% over 12 months

Typical home value in 23228 over the last 12 months: $326K in Aug 2025 to $332K in Aug 2026 (+1.6%).

Aug 2025$326K

Aug 2026$332K

The numbers

What is the 23228 housing market like?

Typical home value

$332K

Up1.6%YoY

Median list price

$344K

Down1.6%MoM

Days on market

33

Up6.5%MoM

Homes for sale

50

Up6.4%MoM

Price cuts

18.5%

Down12.8%MoM

New listings

36

Up12.5%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 23228 home prices compare?

  • 23228$331,645
  • Henrico$361,259
  • Virginia$330,987
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Henrico: 7 ZIPs; Virginia: 757 ZIPs; United States: 26,265 ZIPs).

Context

Henrico, VA 23228 shows steady but modest movement. The typical home value of $331,645 is up 1.6% over the past year, which is mild appreciation rather than rapid growth. There are 50 homes for sale, with 36 new listings added, so buyers have a reasonable selection to work through. Homes are moving in a median of 33 days, and 18.5% of listings have taken a price cut. For a seller, this is a market that rewards accurate pricing from day one.

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