The story of this market
The typical home in ZIP 23250 sells for about $419,475, or $229 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 23250 — Richmond
ZIP 23250 is a specialized postal zone encompassing the Richmond International Airport and surrounding industrial infrastructure. Because the area contains no residential housing stock, standard market metrics like median price and days on market are not applicable to this geography. Market data provided reflects the broader Richmond metropolitan area.
This ZIP code is not suitable for residential buyers as it is an industrial and airport-focused zone with no residential housing.
Median prices moved up 1.2% year over year.
Homes spend a median of 37 days on market with 1.7 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 101.2% of asking — demand is running ahead of supply.
unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
Not determinable for this specific ZIP code as it serves as a specialized postal facility zone.
Not determinable as this ZIP code contains no residential population or schools.
This ZIP code is designated for the Richmond International Airport area, serving as a critical logistics and transit hub for the region.
Parcels within this jurisdiction are subject to Henrico County property tax assessments and applicable special district levies.
Located at the Richmond International Airport, this area provides direct access to I-64 and I-95 for regional transit.
Not determinable as the area is primarily industrial and airport-related infrastructure.
Not determinable due to the lack of residential housing stock in this ZIP code.
The economy of this area is dominated by aviation, logistics, and airport-related commercial services.
The area is centered on the Richmond International Airport with major highway connectivity via I-64.
Ongoing infrastructure improvements are focused on airport operations and logistics expansion.
Henrico County utilizes a centralized appraisal district for annual property tax assessments.
Parcels are subject to Henrico County tax levies and regional utility district requirements.
Property insurance in this industrial zone is subject to commercial risk profiles associated with airport proximity.
Virginia is a non-judicial foreclosure state.
Virginia requires sellers to provide a residential property disclosure statement, though exemptions apply for certain transfers.
Data retrieved from ZCTA 23250 census profiles; area is non-residential.
The primary commercial airport serving the Richmond metropolitan area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.