Market Intelligence · VA / Richmond

Richmond, VA 23230 Housing Market

The typical home value in Richmond, VA 23230 is $420,576, up 1.7% over the past year. The median list price is $449,950, and homes spend a median of 31 days on market.

Updated August 2026Median value$421K

The median home value in Richmond, VA 23230 is $421K as of August 2026, up 1.7% 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 23230 range

$387K to $454K

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

+1.7% over 12 months

Typical home value in 23230 over the last 12 months: $414K in Aug 2025 to $421K in Aug 2026 (+1.7%).

Aug 2025$414K

Aug 2026$421K

The numbers

What is the 23230 housing market like?

Typical home value

$421K

Up1.7%YoY

Median list price

$450K

Down5.1%MoM

Days on market

31

Down6.1%MoM

Homes for sale

26

Up23.8%MoM

Price cuts

10.3%

Up208.1%MoM

New listings

12

Up50.0%MoM

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

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The comparison

How do 23230 home prices compare?

  • 23230$420,576
  • 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

Inventory in 23230 is thin, with 26 homes for sale and 12 new listings as of 2026-08-01. Homes are moving at a steady clip, with a median of 31 days on market. The median list price of $449,950 sits above the typical home value of $420,576, which has risen 1.7% over the past year. Only 10.3% of listings carry a price cut, so most sellers are holding close to their asking prices. For a seller, this is a market where a well-priced home can find a buyer without much waiting.

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