Market Intelligence · VA / Henrico

Henrico, VA 23233 Housing Market

Homes in Henrico, VA 23233 have a typical value of $535,638, up 2.6% over the past year. The median list price sits at $599,463, with homes spending 38 days on the market as of September 2026.

Updated September 2026Median value$536K

The median home value in Henrico, VA 23233 is $536K as of September 2026, up 2.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Licensed pros in 23233.

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MIKE CONVIN

Lic #0225218892, 658244, BR40000526 VA

MORTGAGE SINCE 2003 WITH ORIGINATING AND UNDERWRITING BACKGROUND TO INCLUDE CONVENTIONAL, JUMBO, VA, FIRST TIME HOME BUYER, COMMERCIAL, 100% FINANCING, DOWN PAYMENT ASSISTANCE, FOREIGN NATIONAL, ITIN ETC REAL ESTATE INDUSTRY SINCE 2015-- VA | MD | DC.....WORK WITH RESIDENTIAL, COMMERCIAL EXPERIENCED, SERVICE, INTEGRITY

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Typical 23233 range

$493K to $578K

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

+2.6% over 12 months

Sep 2025$522K

Low $522KHigh $536K

Sep 2026$536K

The numbers

What is the 23233 housing market like?

As of September 2026

Typical home value

$536K

2.6%YoY

Median list price

$599K

3.4%MoM

Days on market

5.6%MoM

Homes for sale

9.6%MoM

Price cuts

11.9%

5.1%MoM

New listings

31.8%MoM

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

The outlook

23233 housing market forecast 2027

+1.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 23233 to rise 1.9% by September 2027.

Over the 12 months through September 2026, typical home values in 23233 rose 2.6%, per the Zillow Home Value Index.

Will home prices drop in 23233?

Zillow's forecast does not call for a drop: it expects typical home values in 23233 to rise 1.9% by September 2027, after a 2.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 23233 home prices compare?

23233$535,638
Henrico$357,740
Virginia$328,255
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Henrico: 7 ZIPs; Virginia: 757 ZIPs; United States: 26,262 ZIPs).

Context

The 23233 ZIP code has 80 homes for sale, including 30 new listings in September 2026. Nearly one in eight listings, or 11.9%, have seen a price cut. Homes are moving at a steady pace with a 38-day median time on market. The modest year-over-year appreciation of 2.6% suggests a balanced market where neither buyers nor sellers have outsized leverage. If you're thinking about listing, this is a market where pricing strategy and condition matter more than timing.

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Home price

Down payment20% · $107,128

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Common questions

What people ask us.

What is the typical home value in 23233?

The typical home value in Henrico, VA 23233 is $535,638, up 2.6% over the past year.

How long do homes typically stay on the market here?

Homes in 23233 spend a median of 38 days on the market as of September 2026.

How many homes are currently for sale?

There are 80 homes for sale in 23233, with 30 new listings as of September 2026.

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