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Richmond, VA 23234 Real Estate & Property Data

Richmond, VA 23234 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 608 residential properties have been sold over the past 12 months in 23234. With a median sales price of $308,000 in 23234 and a total of 2 foreclosures in Richmond, VA 23234. Discover market trends and get the granular level real estate data for Richmond, VA 23234 to keep your pulse on the housing market. Curate compelling home reports for Richmond, VA 23234 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

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Total Residential Properties 14,264

Total Commercial Properties 438

Avg. Home Age (Single Family Home) 50 Years

Avg. Square Feet (Single Family Home) 1,643

Total 2025 Residential Sales (year-to-date) 73

% of Homes Seriously Underwater (Q2 2025) 0.84%

Total 2024 Residential Sales 569

% of Equity Rich Homes (Q2 2025) 44.1%

Effective 2024 Property Tax 0.81%

Total Foreclosure Filings (year-to-date) 5

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Richmond, VA 23234 Real Estate Overview

There were 608 residential properties sold in the past year in Richmond, VA 23234. The median home value in Richmond, VA 23234 is $296,147. There are a total of 14,264 residential properties in the 23234.

Median Sales Price i

$308,000

(Feb 2025)

+2.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $308,000
January '25 Jan '25 $304,500
December '24 Dec '24 $279,950
November '24 Nov '24 $258,500
October '24 Oct '24 $320,000
September '24 Sep '24 $267,475
August '24 Aug '24 $315,000
July '24 Jul '24 $287,500
June '24 Jun '24 $315,000
May '24 May '24 $331,235
April '24 Apr '24 $290,000
March '24 Mar '24 $325,000

Median Down Payment i

$13,000

(Feb 2025)

-55.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $13,000
January '25 Jan '25 $14,757
December '24 Dec '24 $41,250
November '24 Nov '24 $17,500
October '24 Oct '24 $29,081
September '24 Sep '24 $32,000
August '24 Aug '24 $17,935
July '24 Jul '24 $45,000
June '24 Jun '24 $15,000
May '24 May '24 $12,630
April '24 Apr '24 $20,010
March '24 Mar '24 $15,562

Number of Homes Sold i

(Feb 2025)

-19%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 34
January '25 Jan '25 39
December '24 Dec '24 42
November '24 Nov '24 34
October '24 Oct '24 59
September '24 Sep '24 45
August '24 Aug '24 46
July '24 Jul '24 50
June '24 Jun '24 41
May '24 May '24 51
April '24 Apr '24 68
March '24 Mar '24 57

Number of Purchase Loans i

(Feb 2025)

-13.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 31
January '25 Jan '25 32
December '24 Dec '24 42
November '24 Nov '24 39
October '24 Oct '24 52
September '24 Sep '24 47
August '24 Aug '24 40
July '24 Jul '24 49
June '24 Jun '24 43
May '24 May '24 49
April '24 Apr '24 47
March '24 Mar '24 57

Number of REFI Loans i

(Feb 2025)

+22.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 49
January '25 Jan '25 33
December '24 Dec '24 49
November '24 Nov '24 39
October '24 Oct '24 48
September '24 Sep '24 41
August '24 Aug '24 34
July '24 Jul '24 27
June '24 Jun '24 37
May '24 May '24 35
April '24 Apr '24 40
March '24 Mar '24 35

Number of HELOC Loans i

(Feb 2025)

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 10
January '25 Jan '25 10
December '24 Dec '24 8
November '24 Nov '24 9
October '24 Oct '24 11
September '24 Sep '24 10
August '24 Aug '24 16
July '24 Jul '24 16
June '24 Jun '24 8
May '24 May '24 10
April '24 Apr '24 12
March '24 Mar '24 16

Richmond, VA 23234 Real Estate Market Overview

Last 30 days

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Richmond, VA 23234 Foreclosure Activity

There were a total of 2 Richmond, VA 23234 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 2 Richmond, VA 23234 properties and repossessed 1 Richmond, VA 23234 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

year-over-year

y-o-y

List Graph

1 year 3 years

5 years