23224 Home Values & Market Trends

There are 507 homes currently listed for 23224. 23224 real estate market trends show that home prices range from $75,000 to $1,495,000, and the median sales price in the 23224 zip code is $257,387. The total number of properties sold within the past twelve months is 478. In 23224, 18 properties are in foreclosure, 9 are bank owned properties,and 9 are headed for auction.

Housing Market Summary for 23224

Sep 2025September 2026Change
Median Listing Price$255K$266.5K4.51%
Median Sold Price$230.2K$194.1K-15.71%
Homes For Sale33950348.38%
Homes Sold178143-19.66%
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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 23224

The median list price of a home in Richmond, is $257,387. A total of 507 properties are for sale, and the percentage of properties for sale in the zip code is 507.00%. The total count of 23224 properties is 683.

Foreclosure
There are 3 cities within 23224; within these cities, the median estimated home value for homes in foreclosure ranges from $1,080,900 in richmond to the lowest value of $120,896 in richmond. Foreclosure homes account for 2.00% of properties in 23224 with richmond containing 113 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 23224 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within 23224; of those cities, 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 23224 ranges from the highest value of $629,000 in richmond to the lowest value of $125,725 in richmond. Bank owned homes and properties account for 1.32% of properties in 23224. There are 3 cities within 23224; richmond containing 54 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    richmond has 59 auction properties, the highest number of properties going to auction in a single city in the state of 23224. Auction homes and other auction properties account for 1.32% of all properties in 23224. There are 3 cities within 23224; of those cities, the median estimated home value for homes going to auction ranges from $1,080,900 in richmond to the lowest value of $120,896 in richmond.
Homes for Sale
Homes and properties that are actively listed for sale account for 74.23% of residential properties in 23224 with richmond containing 4556 homes for sale, the highest number of listed properties in a single city. There are 3 cities within 23224; homes for sale in those cities, have a range of median values from $9,141,855 in richmond to the lowest value of $19,825 in richmond.
    Sold Homes
    The median value for recently sold homes ranges from $3,609,270 in richmond to the lowest price of $29,849 in richmond. There are 3 cities within 23224. richmond has 1647 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 20.50% of properties in 23224.

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      Guide for 23224

      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.