Richmond, VA 23227 Real Estate & Property Data

Richmond, VA 23227 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 326 residential properties have been sold over the past 12 months in 23227. With a median sales price of $338,500 in 23227. Discover market trends and get the granular level real estate data for Richmond, VA 23227 to keep your pulse on the housing market. Curate compelling home reports for Richmond, VA 23227 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Richmond, VA 23227 Real Estate Market Trends
Total Residential Properties 7,211
Total Commercial Properties 337
Avg. Home Age (Single Family Home) 66 Years
Avg. Square Feet (Single Family Home) 1,820
Total 2025 Residential Sales (year-to-date) 38
% of Homes Seriously Underwater (Q2 2025) 0.49%
Total 2024 Residential Sales 306
% of Equity Rich Homes (Q2 2025) 51.57%
Effective 2024 Property Tax 0.87%
Total Foreclosure Filings (year-to-date) 2
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Richmond, VA 23227 Real Estate Overview

There were 326 residential properties sold in the past year in Richmond, VA 23227. The median home value in Richmond, VA 23227 is $393,461. There are a total of 7,211 residential properties in the 23227.

Median Sales Price i
$338,500
(Feb 2025)
-6.3%
year-over-year
y-o-y
  • February '25 Feb '25 $338,500
  • January '25 Jan '25 $350,000
  • December '24 Dec '24 $477,500
  • November '24 Nov '24 $487,500
  • October '24 Oct '24 $409,975
  • September '24 Sep '24 $425,000
  • August '24 Aug '24 $384,388
  • July '24 Jul '24 $397,500
  • June '24 Jun '24 $442,500
  • May '24 May '24 $432,500
  • April '24 Apr '24 $364,850
  • March '24 Mar '24 $450,500
Median Down Payment i
$33,965
(Feb 2025)
-26.6%
year-over-year
y-o-y
  • February '25 Feb '25 $33,965
  • January '25 Jan '25 $22,950
  • December '24 Dec '24 $89,000
  • November '24 Nov '24 $99,490
  • October '24 Oct '24 $66,375
  • September '24 Sep '24 $79,000
  • August '24 Aug '24 $85,000
  • July '24 Jul '24 $55,200
  • June '24 Jun '24 $70,865
  • May '24 May '24 $85,999
  • April '24 Apr '24 $66,870
  • March '24 Mar '24 $90,500
Number of Homes Sold i
17
(Feb 2025)
-22.7%
year-over-year
y-o-y
  • February '25 Feb '25 17
  • January '25 Jan '25 21
  • December '24 Dec '24 22
  • November '24 Nov '24 26
  • October '24 Oct '24 17
  • September '24 Sep '24 26
  • August '24 Aug '24 36
  • July '24 Jul '24 28
  • June '24 Jun '24 32
  • May '24 May '24 26
  • April '24 Apr '24 28
  • March '24 Mar '24 25
Number of Purchase Loans i
13
(Feb 2025)
-13.3%
year-over-year
y-o-y
  • February '25 Feb '25 13
  • January '25 Jan '25 13
  • December '24 Dec '24 15
  • November '24 Nov '24 20
  • October '24 Oct '24 12
  • September '24 Sep '24 21
  • August '24 Aug '24 26
  • July '24 Jul '24 21
  • June '24 Jun '24 21
  • May '24 May '24 22
  • April '24 Apr '24 24
  • March '24 Mar '24 25
Number of REFI Loans i
18
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 18
  • January '25 Jan '25 17
  • December '24 Dec '24 13
  • November '24 Nov '24 15
  • October '24 Oct '24 22
  • September '24 Sep '24 12
  • August '24 Aug '24 17
  • July '24 Jul '24 20
  • June '24 Jun '24 14
  • May '24 May '24 12
  • April '24 Apr '24 17
  • March '24 Mar '24 13
Number of HELOC Loans i
5
(Feb 2025)
-28.6%
year-over-year
y-o-y
  • February '25 Feb '25 5
  • January '25 Jan '25 5
  • December '24 Dec '24 8
  • November '24 Nov '24 3
  • October '24 Oct '24 8
  • September '24 Sep '24 14
  • August '24 Aug '24 3
  • July '24 Jul '24 10
  • June '24 Jun '24 5
  • May '24 May '24 5
  • April '24 Apr '24 12
  • March '24 Mar '24 7

Richmond, VA 23227 Foreclosure Activity

Total Foreclosure Filings i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 2
  • December '24 Dec '24 2
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 3
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 1
Foreclosure Starts i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 2
  • December '24 Dec '24 2
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 3
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 1
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