The story of this market
The typical home in ZIP 23230 sells for about $429,766, or $276 per square foot.
Prices are roughly flat from a year ago (+0.2%), a market in balance. Homes take about 12 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,800 a month.
This ZIP has no home sales of its own, so its market figures come from Richmond, Virginia (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 23230 — Richmond
The 23230 housing market remains resilient, characterized by tight inventory and steady price appreciation. Buyer demand continues to outpace supply, keeping days on market low and supporting a competitive environment for well-priced homes. The area's strong connectivity and ongoing commercial redevelopment continue to drive interest from both families and investors.
This ZIP is ideal for young professionals and first-time homebuyers seeking proximity to the city center without the premium prices of downtown. It also attracts investors looking for stable rental demand in a well-connected, established neighborhood.
Median prices moved up 0.2% year over year.
Homes spend a median of 12 days on market with 1.4 months of supply — a fast-moving market.
21% of listings have cut prices · homes sell at 102.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 12.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 23230, Henrico County VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the 23230 area are generally consistent with urban Richmond averages, with property crime being the primary concern. Regional comparisons indicate moderate safety levels typical of inner-ring suburban and urban-fringe neighborhoods.
Schools serving the area are part of the Henrico County Public Schools system, which generally maintains a stable reputation with a mix of highly-rated and developing campuses.
The area is primarily at low risk for major natural disasters, though localized urban flooding can occur during extreme weather events. Property insurance remains standard for the region with no specific high-hazard designations.
The area benefits from proximity to Richmond's central business district and major retail corridors, with ongoing infill development and adaptive reuse of older commercial properties. Infrastructure remains robust with easy access to major highway arteries.
Property taxes are assessed by Henrico County based on fair market value, with the current real estate tax rate applied to the total assessed value. No special district surcharges are widely applicable to residential parcels in this ZIP.
Residents enjoy a highly accessible commute to downtown Richmond via I-64 and I-95, typically taking 10-15 minutes. Public transit options are available through the GRTC system, providing connectivity to the broader metro employment core.
The area features several local parks and green spaces, with proximity to the larger recreational amenities of the Richmond metro area. Shopping and dining are concentrated along the Broad Street corridor, offering extensive retail options within a 3-mile radius.
The rental market is characterized by steady demand driven by young professionals and proximity to employment hubs. Vacancy rates remain low, and rent growth has tracked with broader regional inflation trends.
The local economy is anchored by healthcare, education, and government sectors, with significant employment hubs located in nearby downtown Richmond and the West End. The area maintains a diverse industry mix that supports consistent economic stability.
The area is well-served by major highway corridors including I-64 and I-95, facilitating efficient regional travel. Public transit is provided by GRTC, which offers bus routes connecting the ZIP to the broader Richmond metropolitan area.
Development activity is focused on the revitalization of the Broad Street corridor, with several mixed-use projects in various stages of approval and construction. These projects aim to increase housing density and improve walkability.
Parcels are primarily subject to Henrico County general taxation, with no significant special utility or hospital districts noted for this specific ZIP.
Property insurance premiums are stable, reflecting the area's low-to-moderate risk profile for natural disasters. Market health is considered robust with standard coverage availability.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Kings Dominion4.418.1 mi
- Topgolf Richmond4.30.6 mi
- Dave & Buster's Glen Allen - Richmond48 mi
- K1 Speed Richmond4.57.9 mi
- Urban Air Trampoline and Adventure Park4.26.4 mi
- Greater Richmond Convention Center4.53.7 mi
- Lewis Ginter Botanical Garden4.73 mi
- Maymont4.83.3 mi
- Richmond Raceway4.53.6 mi
- Topgolf Richmond4.30.6 mi
- Virginia Museum of Fine Arts4.81.8 mi
- Lewis Ginter Botanical Garden4.73 mi
- Science Museum of Virginia4.71.8 mi
- Movieland At Boulevard Square4.31.4 mi
- Deep Run Park & Recreation Center4.76.4 mi
- Virginia Museum of Fine Arts4.81.8 mi
- Lewis Ginter Botanical Garden4.73 mi
- Science Museum of Virginia4.71.8 mi
- Children's Museum of Richmond4.61.7 mi
- Virginia State Capitol4.64.1 mi
- Lewis Ginter Botanical Garden4.73 mi
- Maymont4.83.3 mi
- Deep Run Park & Recreation Center4.76.4 mi
- Taylor Farm Park4.811.7 mi
- Bryan Park4.51.4 mi
- The Lilly Pad4.513.6 mi
- Topgolf Richmond4.30.6 mi
- Drive Shack4.810.8 mi
- Independence Golf Club4.611.1 mi
- Belmont Golf Course4.23 mi
- The Dominion Club4.510.6 mi
- Short Pump Town Center4.58.9 mi
- Chesterfield Towne Center4.28.3 mi
- Publix Super Market at Carytown Exchange4.51.6 mi
- Willow Lawn4.40.6 mi
- Richmond International Airport4.310 mi
- Club Level Grill4.210 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major retail and dining hub serving the immediate area.
Large regional park offering trails, ponds, and recreational facilities.
No county-record distress flags across 2 researched properties on the ARED base layer. Key-figure check: median price diverges 87.2% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $385,000 could not be independently corroborated and was removed pending review (no prior-cycle value to revert to); the case is under review in the Command Center.