The story of this market
The typical home in ZIP 23235 sells for about $410,000, or $212 per square foot.
Prices are up +4.3% from a year ago, so sellers still have some momentum. Homes take about 24 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,744 a month.
ZIP 23235 — Midlothian
The 23235 housing market remains competitive with low inventory and steady price appreciation, reflecting strong demand for suburban housing in the Richmond area. Buyers are facing a fast-paced environment, while sellers continue to benefit from high sale-to-list ratios and limited supply. Market conditions are supported by the area's desirable location and stable economic fundamentals.
This ZIP is ideal for family buyers and professionals seeking a suburban lifestyle with convenient access to Richmond's urban amenities, offering a balance of space and commute efficiency.
Median prices moved up 4.3% year over year.
Homes spend a median of 24 days on market with 1.7 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 100.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 8.0% — 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 6.4%/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 6.4%/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 23235, Chesterfield 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 in the North Chesterfield/Bon Air area is generally considered moderate, with localized variations; it is often perceived as safer than the more urbanized core of Richmond city.
Schools serving the 23235 area are part of the Chesterfield County Public Schools system, which generally maintains a favorable reputation compared to the broader regional average.
The area is subject to standard regional risks including localized flooding in low-lying areas near the James River and occasional severe wind events; insurance premiums are stable but reflect regional hazard exposure.
The area benefits from its proximity to the Richmond employment core and ongoing suburban development in Chesterfield County, with steady demand for residential housing.
Property taxes are assessed by Chesterfield County based on fair market value; the jurisdiction utilizes a standard real estate tax rate applied to the assessed value, with no unique special district surcharges noted for the general ZIP area.
Residents typically commute via the Powhite Parkway or Chippenham Parkway, providing direct access to downtown Richmond and the surrounding employment hubs.
The area features significant access to the James River Park System, numerous local community parks, and proximity to shopping centers along the Midlothian Turnpike corridor.
The rental market is characterized by steady demand and low vacancy rates, driven by the area's suburban appeal and proximity to major employment centers.
The economy is anchored by the broader Richmond metro area, featuring a mix of government, healthcare, finance, and professional services sectors.
The area is primarily served by major highway corridors including the Powhite Parkway and Chippenham Parkway, facilitating regional connectivity.
Ongoing residential and mixed-use infill projects are common throughout the Chesterfield County portion of the ZIP.
Parcels are served by Chesterfield County public services and utility districts.
Standard homeowners insurance market with typical regional risk adjustments.
Data retrieved from data.census.gov ZCTA 23235 profile.
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.
Extensive trail network and river access.
Major commercial corridor with diverse retail and dining options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.