Henrico, VA Home Values & Market Trends

Real estate market trends reflect that there have been 3,077 transactions over the past year in Henrico. The median value for residential home transactions that occurred over the previous year is $409,174. The number of current listings in Henrico is 2,848, and the percentage of properties for sale in the city is 2848.00%. Henrico, VA currently has 63 properties in foreclosure, 33 bank owned properties, 30 properties headed for auction, and 2,848 properties for sale.

Henrico, VA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
23231

$ 350,122

$ 217/sqft

23238

$ 528,864

$ 248/sqft

23229

$ 532,387

$ 313/sqft

23075

$ 258,343

$ 199/sqft

23228

$ 348,931

$ 254/sqft

23294

$ 389,475

$ 235/sqft

23233

$ 542,476

$ 248/sqft

Housing Market Summary for Henrico, VA

Oct 2025October 2026Change
Median Listing Price$399K$415K4.01%
Median Sold Price$402.5K$374.8K-6.88%
Homes For Sale1,9022,84749.68%
Homes Sold1,2311,102-10.48%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Henrico, VA

Henrico home values range from $61,098 to $5,799,498. The median estimated value of a home in Henrico is $409,174. The median list price of a home is 415,000, and the total count of properties in the city is 4,060.

Foreclosure
There are 7 zips within Henrico, VA; within these zips, the median estimated home value for homes in foreclosure ranges from $491,720 in 23231 to the lowest value of $132,064 in 23231. Foreclosure homes account for 1.00% of properties in Henrico, VA with 23231 containing 26 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Henrico, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 7 zips within Henrico, VA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Henrico, VA ranges from the highest value of $336,459 in 23294 to the lowest value of $158,419 in 23231. Bank owned homes and properties account for 0.81% of properties in Henrico, VA. There are 7 zips within Henrico, VA; 23075 containing 13 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    23231 has 16 auction properties, the highest number of properties going to auction in a single zip in the state of Henrico, VA. Auction homes and other auction properties account for 0.74% of all properties in Henrico, VA. There are 7 zips within Henrico, VA; of those zips, the median estimated home value for homes going to auction ranges from $496,306 in 23233 to the lowest value of $132,064 in 23233.
Homes for Sale
Homes and properties that are actively listed for sale account for 70.15% of residential properties in Henrico, VA with 23231 containing 612 homes for sale, the highest number of listed properties in a single zip. There are 7 zips within Henrico, VA; homes for sale in those zips, have a range of median values from $2,395,000 in 23233 to the lowest value of $90,275 in 23075.
    Sold Homes
    The median value for recently sold homes ranges from $1,436,867 in 23233 to the lowest price of $29,705 in 23233. There are 7 zips within Henrico, VA. 23231 has 234 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 26.75% of properties in Henrico, VA.

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      Guide for Henrico, VA

      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.