Richmond, VA 23235 Real Estate & Property Data

Richmond, VA 23235 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 572 residential properties have been sold over the past 12 months in 23235. With a median sales price of $413,000 in 23235 and a total of 3 foreclosures in Richmond, VA 23235. Discover market trends and get the granular level real estate data for Richmond, VA 23235 to keep your pulse on the housing market. Curate compelling home reports for Richmond, VA 23235 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Richmond, VA 23235 Real Estate Market Trends
Total Residential Properties 12,572
Total Commercial Properties 630
Avg. Home Age (Single Family Home) 51 Years
Avg. Square Feet (Single Family Home) 2,087
Total 2025 Residential Sales (year-to-date) 72
% of Homes Seriously Underwater (Q2 2025) 0.68%
Total 2024 Residential Sales 530
% of Equity Rich Homes (Q2 2025) 47.89%
Effective 2024 Property Tax 0.85%
Total Foreclosure Filings (year-to-date) 5
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Richmond, VA 23235 Real Estate Overview

There were 572 residential properties sold in the past year in Richmond, VA 23235. The median home value in Richmond, VA 23235 is $398,153. There are a total of 12,572 residential properties in the 23235.

Median Sales Price i
$413,000
(Feb 2025)
+1.5%
year-over-year
y-o-y
  • February '25 Feb '25 $413,000
  • January '25 Jan '25 $400,000
  • December '24 Dec '24 $385,000
  • November '24 Nov '24 $400,000
  • October '24 Oct '24 $390,000
  • September '24 Sep '24 $421,000
  • August '24 Aug '24 $432,500
  • July '24 Jul '24 $435,000
  • June '24 Jun '24 $422,000
  • May '24 May '24 $445,000
  • April '24 Apr '24 $420,000
  • March '24 Mar '24 $383,895
Median Down Payment i
$68,650
(Feb 2025)
+5.6%
year-over-year
y-o-y
  • February '25 Feb '25 $68,650
  • January '25 Jan '25 $36,875
  • December '24 Dec '24 $42,000
  • November '24 Nov '24 $81,400
  • October '24 Oct '24 $68,500
  • September '24 Sep '24 $75,000
  • August '24 Aug '24 $90,875
  • July '24 Jul '24 $84,550
  • June '24 Jun '24 $78,390
  • May '24 May '24 $37,000
  • April '24 Apr '24 $29,488
  • March '24 Mar '24 $69,000
Number of Homes Sold i
31
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 31
  • January '25 Jan '25 41
  • December '24 Dec '24 39
  • November '24 Nov '24 40
  • October '24 Oct '24 55
  • September '24 Sep '24 43
  • August '24 Aug '24 48
  • July '24 Jul '24 69
  • June '24 Jun '24 55
  • May '24 May '24 33
  • April '24 Apr '24 46
  • March '24 Mar '24 41
Number of Purchase Loans i
32
(Feb 2025)
+68.4%
year-over-year
y-o-y
  • February '25 Feb '25 32
  • January '25 Jan '25 26
  • December '24 Dec '24 29
  • November '24 Nov '24 29
  • October '24 Oct '24 38
  • September '24 Sep '24 31
  • August '24 Aug '24 40
  • July '24 Jul '24 52
  • June '24 Jun '24 34
  • May '24 May '24 29
  • April '24 Apr '24 34
  • March '24 Mar '24 30
Number of REFI Loans i
23
(Feb 2025)
+9.5%
year-over-year
y-o-y
  • February '25 Feb '25 23
  • January '25 Jan '25 25
  • December '24 Dec '24 28
  • November '24 Nov '24 32
  • October '24 Oct '24 29
  • September '24 Sep '24 25
  • August '24 Aug '24 32
  • July '24 Jul '24 24
  • June '24 Jun '24 23
  • May '24 May '24 25
  • April '24 Apr '24 26
  • March '24 Mar '24 22
Number of HELOC Loans i
4
(Feb 2025)
-60%
year-over-year
y-o-y
  • February '25 Feb '25 4
  • January '25 Jan '25 8
  • December '24 Dec '24 13
  • November '24 Nov '24 10
  • October '24 Oct '24 20
  • September '24 Sep '24 12
  • August '24 Aug '24 14
  • July '24 Jul '24 13
  • June '24 Jun '24 11
  • May '24 May '24 13
  • April '24 Apr '24 7
  • March '24 Mar '24 12

Richmond, VA 23235 Foreclosure Activity

There were a total of 3 Richmond, VA 23235 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 3 Richmond, VA 23235 properties and repossessed 1 Richmond, VA 23235 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
3
(Feb 2025)
  • February '25 Feb '25 3
  • January '25 Jan '25 2
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 3
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 2
  • June '24 Jun '24 2
  • May '24 May '24 2
  • April '24 Apr '24 2
  • March '24 Mar '24 1
Foreclosure Starts i
3
(Feb 2025)
  • February '25 Feb '25 3
  • January '25 Jan '25 2
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 3
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 2
  • June '24 Jun '24 2
  • May '24 May '24 2
  • April '24 Apr '24 2
  • March '24 Mar '24 1
Completed Foreclosures (REOs) i
1
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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