Market Intelligence · VA / Richmond

Richmond, VA 23224 Housing Market

The typical home value in Richmond's 23224 ZIP code is $248,787, up 1.9% over the past year. The median list price sits at $313,700, and homes are taking a median of 30 days on market as of June 2026.

Updated June 2026Median value$249K

The median home value in Richmond, VA 23224 is $249K as of June 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 23224 range

$229K to $269K

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 23224 over the last 12 months: $244K in Jun 2025 to $249K in Jun 2026 (+1.9%).

Jun 2025$244K

Jun 2026$249K

The numbers

What is the 23224 housing market like?

Typical home value

$249K

Up1.9%YoY

Median list price

$314K

Days on market

30

Down3.2%MoM

Homes for sale

50

Price cuts

11.2%

New listings

38

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 23224 home prices compare?

  • 23224$248,787
  • Richmond$388,569
  • Virginia$335,462
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Richmond: 14 ZIPs; Virginia: 757 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 50 homes for sale in 23224, with 38 new listings added recently. The median list price is $313,700, while the typical home value is $248,787, up 1.9% over the past year. Homes are spending a median of 30 days on market. About 11.2% of listings have had a price cut. For sellers, the market is steady but not frantic, so accurate pricing matters more than ever.

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