Market Intelligence · VA / Richmond

Richmond, VA 23235 Housing Market

In Richmond's 23235 ZIP code, the typical home value is $423,528, up 3.5% over the past year. The median list price sits at $456,125, and homes are taking a median of 33 days on market as of June 2026.

Updated June 2026Median value$424K

The median home value in Richmond, VA 23235 is $424K as of June 2026, up 3.5% 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 23235 range

$390K to $457K

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

+3.5% over 12 months

Typical home value in 23235 over the last 12 months: $409K in Jun 2025 to $424K in Jun 2026 (+3.5%).

Jun 2025$409K

Jun 2026$424K

The numbers

What is the 23235 housing market like?

Typical home value

$424K

Up3.5%YoY

Median list price

$456K

Days on market

33

Up144.4%MoM

Homes for sale

48

Price cuts

17.6%

New listings

40

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

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The comparison

How do 23235 home prices compare?

  • 23235$423,528
  • 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

The 23235 market shows 48 homes for sale as of June 2026, with 40 new listings adding to the mix. The typical home value of $423,528 has risen 3.5% over the past year, and the median list price is $456,125. Homes are moving at a median of 33 days on market. About 17.6% of listings have taken a price cut. For sellers, that mix of steady value growth and some price cuts means pricing carefully still matters.

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