23228, Henrico, VA Housing Market

ZIP code 23228's median home value is $336K, up 4.9% over the past year. Homes here sell in a median 20 days. Its PropertyIQ Score of 56 sits right around the state average of 50.

The 23228, Henrico, VA housing market operates at a level of granularity that broader geographic analyses miss entirely. PropertyIQ's ZIP-level scoring for 23228 captures neighborhood-specific demand patterns within VA, revealing micro-market trends that metro and county data average away. This hyperlocal intelligence is critical for making precise investment and homebuying decisions.

South Atlantic ZIP codes benefit from sustained migration inflows, but hyperlocal performance varies widely between neighborhoods. PropertyIQ's ZIP-level scoring helps distinguish between ZIP codes riding a temporary wave and those with durable, block-by-block demand fundamentals. Within the South Atlantic, ZIP code 23228's PropertyIQ Score of 56 tracks near the South Atlantic norm.

The PropertyIQ Score for 23228, Henrico, VA is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

View 23228, Henrico, VA's PropertyIQ Score and compare it against other ZIP codes in the state. Generate a free AI market report for this ZIP code or explore historical trends on the interactive map to understand how this micro-market has evolved.