Housing market · ZIP 23227

Richmond, VA Home Prices & Forecast

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

Median home value

$397,809

3-month+0.3%

6-month+1.3%

12-month+1.3%

Touse 12-month forecast

+1.2%

Projected median near $402,553 over the next 12 months

As of April 2026, the median home value in Richmond, VA (ZIP 23227) is $397,809. Prices are stable, up 1.3% over the past year. Touse's model projects a +1.2% change over the next 12 months, putting the median near $402,553.

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Nearby areas in Henrico

Glen Allen 23058 Glen Allen 23060 Henrico 23075 Sandston 23150 Richmond 23226 Henrico 23228 Henrico 23229 Richmond 23230

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.