The story of this market
The typical home in ZIP 23842 sells for about $398,000, or $215 per square foot.
Prices are up +5.6% from a year ago, so sellers still have some momentum. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $955 a month.
ZIP 23842 — Disputanta
The Richmond market shows resilience with a 5.6% year-over-year price increase, though recent data suggests a slight softening in demand. Inventory remains tight at 1.7 months of supply, keeping the market competitive for sellers. Figures provided reflect the broader Richmond market as specific ZCTA-level real-time sales data is not publicly reported.
Median prices moved up 5.6% year over year.
Homes spend a median of 40 days on market with 1.7 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 100.43% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 3.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 23842
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data retrieved from data.census.gov using ZCTA-level tables.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.