The story of this market
The typical home in ZIP 23294 sells for about $419,475, or $229 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,625 a month.
ZIP 23294 — Richmond
The Richmond market, including the 23294 area, shows resilience with a median sale price of $419,475 and a competitive sale-to-list ratio of 101.2%. While inventory remains constrained, demand persists, keeping the market in a seller-leaning position. Figures are based on June 2026 regional data as ZIP-specific metrics are not independently reported.
Median prices moved up 1.2% year over year.
Homes spend a median of 37 days on market with 1.6 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 101.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 14.3% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 23294, Henrico County, VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data aggregated from Richmond city and Henrico County census profiles as ZIP-specific ZCTA data is not independently published in the provided sources.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.