The story of this market
The typical home in ZIP 23140 sells for about $332,600, or $165 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,492 a month.
ZIP 23140 — Providence Forge
The 23140 ZIP code, centered in Providence Forge, maintains a stable residential market characterized by high owner-occupancy and a significant senior population. Market data reflects moderate growth consistent with regional trends in the broader Richmond periphery.
This area is well-suited for families and those seeking a quieter, lower-density environment with a high proportion of senior residents.
Median prices moved up 2.5% year over year.
Homes spend a median of 55 days on market with 1.7 months of supply — a fast-moving market.
8% of listings have cut prices · homes sell at 94.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 7.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 23140, Providence Forge 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 ZCTA 23140 profile.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.