Skip to main content

Area data

Richmond, VA — ZIP 23225

Population: 42,771 (Census ACS)

Home values & appreciation

Median home value
$374,468
1-year appreciation
+1.3%
3-year appreciation
+6.3%
5-year appreciation
+23.7%
10-year appreciation
+92.7%
All-time peak (2026-07)
$374,468
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$290,000
Median list price
$294,950
Median days on market
88 days
Sale-to-list ratio
98.1%
Active listings
6
1-year forecast
+2.1%
Days to pending
17 days
New listings (monthly)
48

Rents

Typical rent
$1,570/mo
1-year rent change
+1.2%
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
11
Elementary schools
7
Middle schools
1
High schools
3
Charter schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
earthquake, heatWave, inlandFlooding, lightning, tornado
FEMA flood zone
C
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
48.9 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
12.3 / 20
Transit service frequency
1,112

Amenities

National parks within ~60 mi
9
Nearest national park
Maggie L Walker National Historic Site (5 mi)
Nearest airport
Richmond Executive-Chesterfield County Airport (8 mi)
Nearest major airport
Richmond International Airport (RIC) (11 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
-169 tax filers

Housing stock

Median year housing built
1,971
Median annual property tax
$2,753
Mean commute to work
18 min
Households with broadband internet
77.4%

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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents