Richmond, VA 23224 Real Estate & Property Data

Richmond, VA 23224 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 546 residential properties have been sold over the past 12 months in 23224. With a median sales price of $230,000 in 23224 and a total of 3 foreclosures in Richmond, VA 23224. Discover market trends and get the granular level real estate data for Richmond, VA 23224 to keep your pulse on the housing market. Curate compelling home reports for Richmond, VA 23224 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Richmond, VA 23224 Real Estate Market Trends
Total Residential Properties 8,931
Total Commercial Properties 1,092
Avg. Home Age (Single Family Home) 68 Years
Avg. Square Feet (Single Family Home) 1,282
Total 2024 Residential Sales (year-to-date) 57
% of Homes Seriously Underwater (Q2 2024) 2.39%
Total 2023 Residential Sales 523
% of Equity Rich Homes (Q2 2024) 39.5%
Effective 2023 Property Tax 0.59%
Total Foreclosure Filings (year-to-date) 6
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Richmond, VA 23224 Real Estate Overview

There were 546 residential properties sold in the past year in Richmond, VA 23224. The median home value in Richmond, VA 23224 is $228,249. There are a total of 8,931 residential properties in the 23224.

Median Sales Price i
$230,000
(Feb 2024)
-2.1%
year-over-year
y-o-y
  • February '24 Feb '24 $230,000
  • January '24 Jan '24 $157,269
  • December '23 Dec '23 $235,000
  • November '23 Nov '23 $184,950
  • October '23 Oct '23 $215,475
  • September '23 Sep '23 $249,500
  • August '23 Aug '23 $195,000
  • July '23 Jul '23 $225,000
  • June '23 Jun '23 $215,000
  • May '23 May '23 $238,000
  • April '23 Apr '23 $236,000
  • March '23 Mar '23 $200,000
Median Down Payment i
$9,865
(Feb 2024)
-59.3%
year-over-year
y-o-y
  • February '24 Feb '24 $9,865
  • January '24 Jan '24 $7,970
  • December '23 Dec '23 $7,620
  • November '23 Nov '23 $13,350
  • October '23 Oct '23 $18,250
  • September '23 Sep '23 $25,175
  • August '23 Aug '23 $8,280
  • July '23 Jul '23 $17,750
  • June '23 Jun '23 $9,850
  • May '23 May '23 $23,250
  • April '23 Apr '23 $19,000
  • March '23 Mar '23 $40,740
Number of Homes Sold i
35
(Feb 2024)
-5.4%
year-over-year
y-o-y
  • February '24 Feb '24 35
  • January '24 Jan '24 22
  • December '23 Dec '23 45
  • November '23 Nov '23 49
  • October '23 Oct '23 45
  • September '23 Sep '23 42
  • August '23 Aug '23 38
  • July '23 Jul '23 45
  • June '23 Jun '23 59
  • May '23 May '23 44
  • April '23 Apr '23 33
  • March '23 Mar '23 52
Number of Purchase Loans i
31
(Feb 2024)
+10.7%
year-over-year
y-o-y
  • February '24 Feb '24 31
  • January '24 Jan '24 16
  • December '23 Dec '23 28
  • November '23 Nov '23 39
  • October '23 Oct '23 34
  • September '23 Sep '23 27
  • August '23 Aug '23 29
  • July '23 Jul '23 31
  • June '23 Jun '23 40
  • May '23 May '23 39
  • April '23 Apr '23 25
  • March '23 Mar '23 39
Number of REFI Loans i
16
(Feb 2024)
-15.8%
year-over-year
y-o-y
  • February '24 Feb '24 16
  • January '24 Jan '24 22
  • December '23 Dec '23 21
  • November '23 Nov '23 18
  • October '23 Oct '23 22
  • September '23 Sep '23 15
  • August '23 Aug '23 25
  • July '23 Jul '23 18
  • June '23 Jun '23 19
  • May '23 May '23 21
  • April '23 Apr '23 23
  • March '23 Mar '23 21
Number of HELOC Loans i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 7
  • December '23 Dec '23 6
  • November '23 Nov '23 7
  • October '23 Oct '23 10
  • September '23 Sep '23 7
  • August '23 Aug '23 11
  • July '23 Jul '23 9
  • June '23 Jun '23 4
  • May '23 May '23 3
  • April '23 Apr '23 3
  • March '23 Mar '23 4

Richmond, VA 23224 Foreclosure Activity

There were a total of 3 Richmond, VA 23224 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
+200%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 3
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 4
  • August '23 Aug '23 2
  • July '23 Jul '23 3
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 7
Foreclosure Starts i
3
(Feb 2024)
+200%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 3
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 4
  • August '23 Aug '23 2
  • July '23 Jul '23 3
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 7
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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