The story of this market
The typical home in ZIP 23231 sells for about $395,000, or $235 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $1,361 a month.
ZIP 23231 — Richmond
The housing market in 23231 shows stable activity with a median listing price around $395,000. The area serves as a residential hub for the Richmond metro, characterized by a moderate pace of sales and a consistent demand for housing.
This area is suitable for family buyers and commuters seeking proximity to the Richmond employment core, offering a mix of residential housing options.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 36 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 9.8% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 23231
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is characterized by moderate residential turnover and a predominantly white-collar workforce.
The mean travel time to work for residents in this ZIP code is approximately 25.8 minutes.
The local economy is supported by a mix of white-collar employment and proximity to the broader Richmond metropolitan job market.
Data retrieved from Census Reporter profile for ZCTA 23231.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.