Market Intelligence · VA / Henrico

Henrico, VA 23294 Housing Market

In Henrico, VA 23294, the typical home value is $361,259, up 0.6% over the past year as of 2026-08-01. The median list price is $415,000, and homes spend a median of 31 days on the market.

Updated August 2026Median value$361K

The median home value in Henrico, VA 23294 is $361K as of August 2026, up 0.6% 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 23294 range

$332K to $390K

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

+0.6% over 12 months

Typical home value in 23294 over the last 12 months: $359K in Aug 2025 to $361K in Aug 2026 (+0.6%).

Aug 2025$359K

Aug 2026$361K

The numbers

What is the 23294 housing market like?

Typical home value

$361K

Up0.6%YoY

Median list price

$415K

Up4.9%MoM

Days on market

31

Down13.9%MoM

Homes for sale

19

Up35.7%MoM

Price cuts

10.5%

Up68.5%MoM

New listings

16

Up14.3%MoM

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

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The comparison

How do 23294 home prices compare?

  • 23294$361,259
  • 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

Home values in 23294 have been nearly flat, rising 0.6% over the past year to a typical value of $361,259. The median list price sits at $415,000, and 16 new listings came to market as of 2026-08-01, adding to 19 homes for sale. Homes are moving at a moderate pace, with a median of 31 days on market. Just 10.5% of listings have taken a price cut. For a seller, this looks like a steady market with modest competition, so pricing close to market value from the start matters.

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