Market Intelligence · VA / Henrico

Henrico, VA 23229 Housing Market

The typical home in Henrico, VA 23229 is worth $527,121, up 3.9% over the past year as of 2026-08-01. The median list price sits at $459,950, and homes are spending a median of 36 days on the market.

Updated August 2026Median value$527K

The median home value in Henrico, VA 23229 is $527K as of August 2026, up 3.9% 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 23229 range

$485K to $569K

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

+3.9% over 12 months

Typical home value in 23229 over the last 12 months: $507K in Aug 2025 to $527K in Aug 2026 (+3.9%).

Aug 2025$507K

Aug 2026$527K

The numbers

What is the 23229 housing market like?

Typical home value

$527K

Up3.9%YoY

Median list price

$460K

Down12.2%MoM

Days on market

36

Up24.1%MoM

Homes for sale

37

Down2.6%MoM

Price cuts

18.7%

Up128.5%MoM

New listings

32

Flat0.0%MoM

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

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The comparison

How do 23229 home prices compare?

  • 23229$527,121
  • 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

As of 2026-08-01, there are 37 homes for sale in Henrico, VA 23229, with 32 new listings added. The median list price is $459,950, while the typical home value is $527,121, up 3.9% over the past year. Homes are moving at a median of 36 days on market. About 18.7% of listings have taken a price cut, which suggests some sellers are adjusting expectations to meet buyers. For a homeowner weighing a sale, values are still rising, but pricing realistically from the start matters.

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