Area data
Richmond, VA — ZIP 23223
Population: 54,659 (Census ACS)
Home values & appreciation
- Median home value
- $300,253
- 1-year appreciation
- +1.4%
- 3-year appreciation
- +1.9%
- 5-year appreciation
- +30.7%
- 10-year appreciation
- +113.7%
- All-time peak (2026-04)
- $302,742
- House Price Index
- 423.6 (+3.3% YoY)
Market activity
- Median sale price
- $370,000
- Median list price
- $389,950
- Median days on market
- 21 days
- Sale-to-list ratio
- 100.1%
- Active listings
- 75
- 1-year forecast
- +1.8%
- Days to pending
- 28 days
- New listings (monthly)
- 61
Rents
- Typical rent
- $1,539/mo
- 1-year rent change
- +5.4%
- 1BR fair-market rent
- $1,143/mo
- 3BR fair-market rent
- $1,735/mo
Affordability
- Cost of living index (Above Average)
- 103.5 (100 = US avg)
- Electricity rate (state-level)
- 15.3¢/kWh
- Natural gas rate (state-level)
- $16.80/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 17
- Elementary schools
- 9
- Middle schools
- 2
- High schools
- 2
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- earthquake, heatWave, inlandFlooding, lightning, tornado
- FEMA flood zone
- A23
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 58.5°F
- Average high
- 69.5°F
- Average low
- 48.0°F
- Annual precipitation
- 47.2 in
- Annual snowfall
- 9.5 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 45
- Days with Good air quality
- 227
- Days with Unhealthy air quality
- 3
Walkability & transit
- Walkability index
- 7.2 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 9
- Nearest national park
- Maggie L Walker National Historic Site (3 mi)
- Nearest airport
- Richmond International Airport (RIC) (5 mi)
- Nearest major airport
- Richmond International Airport (RIC) (5 mi)
- Hospitals nearby (~15 mi)
- 1
- Solar radiation rating
- Fair (4.3 kWh/m²/day)
Migration
- Net migration
- -169 tax filers
Housing stock
- Median year housing built
- 1,973
- Median annual property tax
- $1,900
- Mean commute to work
- 18 min
- Households with broadband internet
- 65.5%
Employment & development
- Total county employment
- 120,989
- Average weekly wage
- $1,538
- Top industries (by employment)
- Health Care, Accommodation & Food, Professional Services
- Annual residential building permits (county)
- 24
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →