Richmond, VA 23222 Real Estate & Property Data

Richmond, VA 23222 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 582 residential properties have been sold over the past 12 months in 23222. With a median sales price of $286,000 in 23222 and a total of 3 foreclosures in Richmond, VA 23222. Discover market trends and get the granular level real estate data for Richmond, VA 23222 to keep your pulse on the housing market. Curate compelling home reports for Richmond, VA 23222 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Richmond, VA 23222 Real Estate Market Trends
Total Residential Properties 8,950
Total Commercial Properties 405
Avg. Home Age (Single Family Home) 80 Years
Avg. Square Feet (Single Family Home) 1,485
Total 2025 Residential Sales (year-to-date) 287
% of Homes Seriously Underwater (Q3 2025) 1.61%
Total 2024 Residential Sales 543
% of Equity Rich Homes (Q3 2025) 36.07%
Effective 2024 Property Tax 0.9%
Total Foreclosure Filings (year-to-date) 18
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Richmond, VA 23222 Real Estate Overview

There were 582 residential properties sold in the past year in Richmond, VA 23222. The median home value in Richmond, VA 23222 is $287,412. There are a total of 8,950 residential properties in the 23222.

Median Sales Price i
$286,000
(Jun 2025)
-4.3%
year-over-year
y-o-y
  • June '25 Jun '25 $286,000
  • May '25 May '25 $335,000
  • April '25 Apr '25 $382,500
  • March '25 Mar '25 $299,950
  • February '25 Feb '25 $287,000
  • January '25 Jan '25 $250,000
  • December '24 Dec '24 $330,000
  • November '24 Nov '24 $315,000
  • October '24 Oct '24 $322,000
  • September '24 Sep '24 $337,000
  • August '24 Aug '24 $270,000
  • July '24 Jul '24 $338,071
Median Down Payment i
$20,000
(Jun 2025)
-50%
year-over-year
y-o-y
  • June '25 Jun '25 $20,000
  • May '25 May '25 $27,538
  • April '25 Apr '25 $40,000
  • March '25 Mar '25 $20,175
  • February '25 Feb '25 $26,950
  • January '25 Jan '25 $18,250
  • December '24 Dec '24 $41,850
  • November '24 Nov '24 $43,500
  • October '24 Oct '24 $15,750
  • September '24 Sep '24 $30,125
  • August '24 Aug '24 $18,312
  • July '24 Jul '24 $48,000
Number of Homes Sold i
42
(Jun 2025)
-25%
year-over-year
y-o-y
  • June '25 Jun '25 42
  • May '25 May '25 58
  • April '25 Apr '25 55
  • March '25 Mar '25 51
  • February '25 Feb '25 37
  • January '25 Jan '25 44
  • December '24 Dec '24 23
  • November '24 Nov '24 39
  • October '24 Oct '24 46
  • September '24 Sep '24 44
  • August '24 Aug '24 38
  • July '24 Jul '24 49
Number of Purchase Loans i
37
(Jun 2025)
-28.8%
year-over-year
y-o-y
  • June '25 Jun '25 37
  • May '25 May '25 51
  • April '25 Apr '25 41
  • March '25 Mar '25 33
  • February '25 Feb '25 34
  • January '25 Jan '25 35
  • December '24 Dec '24 31
  • November '24 Nov '24 34
  • October '24 Oct '24 42
  • September '24 Sep '24 48
  • August '24 Aug '24 31
  • July '24 Jul '24 43
Number of REFI Loans i
25
(Jun 2025)
+177.8%
year-over-year
y-o-y
  • June '25 Jun '25 25
  • May '25 May '25 32
  • April '25 Apr '25 27
  • March '25 Mar '25 21
  • February '25 Feb '25 23
  • January '25 Jan '25 20
  • December '24 Dec '24 20
  • November '24 Nov '24 21
  • October '24 Oct '24 22
  • September '24 Sep '24 25
  • August '24 Aug '24 15
  • July '24 Jul '24 17
Number of HELOC Loans i
11
(Jun 2025)
-21.4%
year-over-year
y-o-y
  • June '25 Jun '25 11
  • May '25 May '25 10
  • April '25 Apr '25 7
  • March '25 Mar '25 3
  • February '25 Feb '25 9
  • January '25 Jan '25 12
  • December '24 Dec '24 8
  • November '24 Nov '24 5
  • October '24 Oct '24 16
  • September '24 Sep '24 4
  • August '24 Aug '24 12
  • July '24 Jul '24 11

Richmond, VA 23222 Foreclosure Activity

There were a total of 3 Richmond, VA 23222 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 3 Richmond, VA 23222 properties and repossessed 1 Richmond, VA 23222 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i
3
(Jun 2025)
+200%
year-over-year
y-o-y
  • June '25 Jun '25 3
  • May '25 May '25 N/A
  • April '25 Apr '25 3
  • March '25 Mar '25 4
  • February '25 Feb '25 3
  • January '25 Jan '25 5
  • December '24 Dec '24 6
  • November '24 Nov '24 7
  • October '24 Oct '24 7
  • September '24 Sep '24 1
  • August '24 Aug '24 3
  • July '24 Jul '24 6
Foreclosure Starts i
3
(Jun 2025)
+200%
year-over-year
y-o-y
  • June '25 Jun '25 3
  • May '25 May '25 N/A
  • April '25 Apr '25 3
  • March '25 Mar '25 4
  • February '25 Feb '25 3
  • January '25 Jan '25 5
  • December '24 Dec '24 6
  • November '24 Nov '24 7
  • October '24 Oct '24 7
  • September '24 Sep '24 1
  • August '24 Aug '24 3
  • July '24 Jul '24 6
Completed Foreclosures (REOs) i
1
(Jun 2025)
  • June '25 Jun '25 1
  • May '25 May '25 3
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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