Richmond, VA 23222 Real Estate & Property Data

Richmond, VA 23222 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 581 residential properties have been sold over the past 12 months in 23222. With a median sales price of $287,000 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 8,882
Total Commercial Properties 405
Avg. Home Age (Single Family Home) 80 Years
Avg. Square Feet (Single Family Home) 1,484
Total 2026 Residential Sales (year-to-date) 80
% of Homes Seriously Underwater (Q2 2025) 1.65%
Total 2025 Residential Sales 543
% of Equity Rich Homes (Q2 2025) 37.17%
Effective 2025 Property Tax 0.89%
Total Foreclosure Filings (year-to-date) 8
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Richmond, VA 23222 Real Estate Overview

There were 581 residential properties sold in the past year in Richmond, VA 23222. The median home value in Richmond, VA 23222 is $290,084. There are a total of 8,882 residential properties in the 23222.

Median Sales Price i
$287,000
(Feb 2025)
-4.3%
year-over-year
y-o-y
  • February '25 Feb '25 $287,000
  • January '25 Jan '25 $250,000
  • December '24 Dec '24 $300,000
  • 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
  • June '24 Jun '24 $299,001
  • May '24 May '24 $323,500
  • April '24 Apr '24 $281,675
  • March '24 Mar '24 $325,000
Median Down Payment i
$26,950
(Feb 2025)
+7.8%
year-over-year
y-o-y
  • February '25 Feb '25 $26,950
  • January '25 Jan '25 $18,250
  • December '24 Dec '24 $44,200
  • 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
  • June '24 Jun '24 $40,000
  • May '24 May '24 $37,000
  • April '24 Apr '24 $22,250
  • March '24 Mar '24 $41,500
Number of Homes Sold i
36
(Feb 2025)
-23.4%
year-over-year
y-o-y
  • February '25 Feb '25 36
  • January '25 Jan '25 44
  • December '24 Dec '24 23
  • November '24 Nov '24 39
  • October '24 Oct '24 46
  • September '24 Sep '24 42
  • August '24 Aug '24 38
  • July '24 Jul '24 49
  • June '24 Jun '24 58
  • May '24 May '24 63
  • April '24 Apr '24 57
  • March '24 Mar '24 39
Number of Purchase Loans i
31
(Feb 2025)
-16.2%
year-over-year
y-o-y
  • February '25 Feb '25 31
  • January '25 Jan '25 33
  • December '24 Dec '24 22
  • November '24 Nov '24 29
  • October '24 Oct '24 41
  • September '24 Sep '24 43
  • August '24 Aug '24 31
  • July '24 Jul '24 42
  • June '24 Jun '24 44
  • May '24 May '24 41
  • April '24 Apr '24 49
  • March '24 Mar '24 28
Number of REFI Loans i
23
(Feb 2025)
-8%
year-over-year
y-o-y
  • February '25 Feb '25 23
  • January '25 Jan '25 20
  • December '24 Dec '24 20
  • November '24 Nov '24 21
  • October '24 Oct '24 21
  • September '24 Sep '24 25
  • August '24 Aug '24 15
  • July '24 Jul '24 17
  • June '24 Jun '24 9
  • May '24 May '24 21
  • April '24 Apr '24 17
  • March '24 Mar '24 23
Number of HELOC Loans i
9
(Feb 2025)
-18.2%
year-over-year
y-o-y
  • 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
  • June '24 Jun '24 14
  • May '24 May '24 13
  • April '24 Apr '24 9
  • March '24 Mar '24 4

Richmond, VA 23222 Foreclosure Activity

There were a total of 3 Richmond, VA 23222 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
3
(Feb 2025)
year-over-year
y-o-y
  • 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
  • June '24 Jun '24 1
  • May '24 May '24 2
  • April '24 Apr '24 3
  • March '24 Mar '24 2
Foreclosure Starts i
3
(Feb 2025)
year-over-year
y-o-y
  • 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
  • June '24 Jun '24 1
  • May '24 May '24 2
  • April '24 Apr '24 3
  • March '24 Mar '24 2
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