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Area data

Richmond, VA — ZIP 23237

Population: 27,126 (Census ACS)

Home values & appreciation

Median home value
$331,994
1-year appreciation
+3.4%
3-year appreciation
+5.1%
5-year appreciation
+32.1%
10-year appreciation
+103.1%
All-time peak (2026-07)
$331,994
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$345,000
Median list price
$359,900
Median days on market
17 days
Sale-to-list ratio
101.3%
Active listings
16
1-year forecast
+1.8%
Days to pending
21 days
New listings (monthly)
29

Rents

Typical rent
$1,842/mo
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
5
Elementary schools
4
Middle schools
1
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
iceStorm, lightning, winterWeather, heatWave, hurricane
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Annual precipitation
46.7 in

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
242

Walkability & transit

Walkability index
6.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
7
Nearest national park
Maggie L Walker National Historic Site (10 mi)
Nearest airport
Flying W Airport (4 mi)
Nearest major airport
Richmond International Airport (RIC) (10 mi)
Hospitals nearby (~15 mi)
9
Avg hospital rating
2.8 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
+2,210 tax filers

Housing stock

Median year housing built
1,984
Median annual property tax
$2,016
Mean commute to work
23 min
Households with broadband internet
78.8%

Employment & development

Total county employment
120,509
Average weekly wage
$1,152
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
1,845

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