Market Intelligence · VA / Richmond

Richmond, VA 23234 Housing Market

The typical home value in Richmond's 23234 ZIP is $315,163, up 3.8% over the past year. The median list price sits at $354,500, and homes are moving at a median of 27 days on market.

Updated June 2026Median value$315K

The median home value in Richmond, VA 23234 is $315K as of June 2026, up 3.8% 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 23234 range

$290K to $340K

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

+3.8% over 12 months

Typical home value in 23234 over the last 12 months: $304K in Jun 2025 to $315K in Jun 2026 (+3.8%).

Jun 2025$304K

Jun 2026$315K

The numbers

What is the 23234 housing market like?

Typical home value

$315K

Up3.8%YoY

Median list price

$355K

Days on market

27

Up8.0%MoM

Homes for sale

74

Price cuts

9.3%

New listings

66

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

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The comparison

How do 23234 home prices compare?

  • 23234$315,163
  • 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

There are 74 homes for sale in 23234 as of June 1, 2026, with 66 new listings added recently. The median list price is $354,500, while the typical home value is $315,163, up 3.8% over the past year. Homes take a median of 27 days to sell, and 9.3% of listings have had a price cut. For sellers, this points to steady demand, though pricing carefully still matters.

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