The story of this market
The typical home in ZIP 23129 sells for about $419,475, or $230 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 16 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,100 a month.
ZIP 23129 — Oilville
The Richmond market, including ZIP 23129, remains a competitive seller's market characterized by low inventory and high demand. While sales volume has faced pressure, prices continue to show modest year-over-year growth, supported by a tight supply of 1.4 months. Buyers are consistently paying above list price, reflecting sustained interest in the region.
Median prices moved up 1.2% year over year.
Homes spend a median of 16 days on market with 1.4 months of supply — a fast-moving market.
46% of listings have cut prices · homes sell at 101.2% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 23129, 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 retrieved from US Census Bureau ACS 2023 5-year estimates for ZCTA 23129 and Henrico County.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.