Market Intelligence · VA / Richmond

Richmond, VA 23222 Housing Market

The typical home value in Richmond's 23222 ZIP code is $280,166, up 1.9% over the past year. Homes currently carry a median list price of $342,250 and spend a median of 43 days on the market before going under contract.

Updated August 2026Median value$280K

The median home value in Richmond, VA 23222 is $280K as of August 2026, up 1.9% 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 23222 range

$258K to $303K

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

+1.9% over 12 months

Typical home value in 23222 over the last 12 months: $275K in Aug 2025 to $280K in Aug 2026 (+1.9%).

Aug 2025$275K

Aug 2026$280K

The numbers

What is the 23222 housing market like?

Typical home value

$280K

Up1.9%YoY

Median list price

$342K

Down1.2%MoM

Days on market

43

Down2.3%MoM

Homes for sale

82

Up12.3%MoM

Price cuts

26.2%

Up35.6%MoM

New listings

40

Flat0.0%MoM

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

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The comparison

How do 23222 home prices compare?

  • 23222$280,166
  • Richmond$382,345
  • 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 (Richmond: 14 ZIPs; Virginia: 757 ZIPs; United States: 26,265 ZIPs).

Context

There are 82 homes for sale in 23222, with 40 new listings coming to market. The median list price sits at $342,250, while the typical home value of $280,166 has risen 1.9% over the past year. Homes take a median of 43 days to sell, and 26.2% of listings have had a price cut. That gap between list prices and actual values, combined with roughly a quarter of sellers cutting their asking price, suggests buyers have some room to negotiate. For a seller, pricing realistically from day one matters more than optimism.

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