Market Intelligence · VA / Richmond

Richmond, VA 23236 Housing Market

The typical home in Richmond's 23236 ZIP code is worth $394,386, up 2.9% over the past year as of 2026-08-01. The median list price is $427,000, and homes spend a median of 30 days on the market.

Updated August 2026Median value$394K

The median home value in Richmond, VA 23236 is $394K as of August 2026, up 2.9% 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 23236 range

$363K to $426K

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

+2.9% over 12 months

Typical home value in 23236 over the last 12 months: $383K in Aug 2025 to $394K in Aug 2026 (+2.9%).

Aug 2025$383K

Aug 2026$394K

The numbers

What is the 23236 housing market like?

Typical home value

$394K

Up2.9%YoY

Median list price

$427K

Down6.3%MoM

Days on market

30

Flat0.0%MoM

Homes for sale

52

Up2.0%MoM

Price cuts

17.6%

Up101.5%MoM

New listings

40

Down4.8%MoM

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

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The comparison

How do 23236 home prices compare?

  • 23236$394,386
  • 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 were 52 homes for sale in 23236 as of 2026-08-01, with 40 new listings added during the same period. The median list price is $427,000, while the typical home value sits at $394,386, up 2.9% over the past year. Homes are moving at a median of 30 days on market, so buyers have some time to compare options. About 17.6% of listings have taken a price cut, which suggests some sellers are adjusting after their initial pricing. For a seller, the market is active but rewards realistic pricing from day one.

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