Housing market · ZIP 23220

Richmond, VA Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$447,708

3-month+0.2%

6-month+0.6%

12-month+0.8%

Touse 12-month forecast

+1.1%

Projected median near $452,692 over the next 12 months

As of April 2026, the median home value in Richmond, VA (ZIP 23220) is $447,708. Prices are stable, up 0.8% over the past year. Touse's model projects a +1.1% change over the next 12 months, putting the median near $452,692.

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Nearby areas in City of Richmond

Richmond 23173 Richmond 23218 Richmond 23219 Richmond 23221 Richmond 23222 Richmond 23223 Richmond 23224 Richmond 23225

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.