Market Intelligence · VA / Richmond

Richmond, VA 23237 Housing Market

The typical home in Richmond's 23237 ZIP code is worth $332,246, up 3.3% over the past year. The median list price sits at $389,125, and homes are taking a median of 29 days on market.

Updated June 2026Median value$332K

The median home value in Richmond, VA 23237 is $332K as of June 2026, up 3.3% 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 23237 range

$306K to $359K

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

+3.3% over 12 months

Typical home value in 23237 over the last 12 months: $322K in Jun 2025 to $332K in Jun 2026 (+3.3%).

Jun 2025$322K

Jun 2026$332K

The numbers

What is the 23237 housing market like?

Typical home value

$332K

Up3.3%YoY

Median list price

$389K

Days on market

29

Up70.6%MoM

Homes for sale

28

Price cuts

9.1%

New listings

26

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

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The comparison

How do 23237 home prices compare?

  • 23237$332,246
  • 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 28 homes for sale in 23237, with 26 new listings added recently. The median list price is $389,125, while the typical home value stands at $332,246, up 3.3% over the past year. Homes are moving at a median of 29 days on market, and 9.1% of listings have had a price cut. For sellers, the numbers point to steady demand, so pricing carefully from the start remains the surest way to sell without delay.

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