The story of this market
The typical home in ZIP 23237 sells for about $359,900, or $205 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 9 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,295 a month.
ZIP 23237 — North Chesterfield
The 23237 housing market exhibits solid price discipline with a median listing price of $359.9K and low inventory levels. Demand remains steady, driven by the area's affordability relative to the broader Richmond market and its convenient access to major employment corridors.
This ZIP is well-suited for family buyers and commuters seeking spacious, mid-century to late-century detached homes with convenient highway access to Richmond's employment core.
Median prices moved up 3.2% year over year.
Homes spend a median of 9 days on market with 2.1 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
2 foreclosure-ledger notices — 0.7 per 10,000 residents · unemployment 3.5% · poverty 10.4% — 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 7.4%/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 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 23237, 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 23237 area is generally consistent with suburban North Chesterfield trends, with localized property crime being the primary concern compared to more rural parts of the county.
Schools serving the area are part of the Chesterfield County Public Schools system, which maintains a diverse range of performance ratings across its elementary, middle, and high school tiers.
The area is primarily subject to standard regional risks including localized heavy rain flooding and wind events; insurance premiums are stable but reflect broader Virginia coastal-influence trends.
Economic momentum is driven by proximity to the Richmond-Petersburg corridor, with ongoing commercial development and infrastructure upgrades supporting residential demand.
Property taxes are assessed by Chesterfield County based on fair market value; the jurisdiction utilizes a uniform real estate tax rate applied to all residential parcels with no special district surcharges commonly cited for this ZIP.
Residents benefit from direct access to the Richmond-Petersburg Turnpike (I-95), providing a straightforward commute to downtown Richmond and major employment hubs in the metro area.
The area features accessible outdoor amenities including Iron Bridge Park and Parkers Battery, with local shopping and dining options concentrated along major arterial roads.
The rental market is characterized by steady demand for single-family detached homes, with vacancy rates remaining low and rents tracking with broader regional inflation.
The local economy is anchored by the broader Richmond metro employment base, including significant sectors in healthcare, logistics, and government services.
The area is served by major highway corridors including I-95 and the Richmond-Petersburg Turnpike, facilitating regional connectivity.
Development is focused on infill residential projects and commercial revitalization along the primary transit corridors.
Chesterfield County utilizes a centralized appraisal district that conducts annual assessments based on market sales data.
Parcels are subject to standard county-level school and utility district levies.
Property insurance remains available and competitive, though premiums are influenced by regional weather-related risk assessments.
Data retrieved from US Census Bureau and local market reports.
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.
Provides extensive green space and recreational trails for local residents.
A notable local landmark offering outdoor space and historical context.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.