Home Values

23233 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$303,200

  • 3.9% 1-year change
  • 3.0% 1-year forecast

The median home value in 23233 is $303,200. 23233 home values have gone up 3.9% over the past year and Zillow predicts they will rise 3.0% within the next year. The median list price per square foot in 23233 is None. The median rent price in 23233 is $1,500, which is higher than the Richmond Metro median of $1,095.

Foreclosures will be a factor impacting home values in the next several years. In 23233 4.6 homes are foreclosed (per 10,000). This is greater than the Richmond Metro value of 3.6 and also greater than the national value of 3.9

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 23233 homeowners underwater on their mortgage is 9.6%, which is lower than Richmond Metro at 22.2%.

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Relative ZHVI
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23233 Market Overview

Data through Apr 30, 2015
  • $303,200 ZHVI
  • 3.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $268,475 Median sale price
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23233 Market Health

Data through Apr 30, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 9.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

4.6 homes 23233
3.6 homes Richmond Metro
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
23113 $389,200
23059 $349,300
23226 $262,700
Name Median ZHVI
23146 $255,100
23238 $252,100
23229 $243,600
Name Median ZHVI
23060 $230,000
23294 $169,000
23228 $146,300

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $134 Median sale price / sq ft
  • No data Listings with price cut
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23233 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,769 23233
    $1,336 Richmond Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,500 Rent list price
  • $0.88 Rent list price / sq ft
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