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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is +0.3% YoY. inventory, −13.2% YoY, is the number to watch.
The median listing price is up 0.3% YoY while the median home got up 0.2% bigger, so value per square foot is down 9.9%.
U.S. Census ACS characteristics for ZIP 23227 itself, not its parent county.
Renters hold 45.1% of this ZIP's 11,784 occupied households, on a median household income of $69K.
| Measure | ZIP 23227 | Henrico County | Difference |
|---|---|---|---|
| Median Household Income | $69K | $89K | -$20K |
| Below Poverty Level | 13.6% | 8.8% | +4.8% |
| Median Age | 45.10 | 39.40 | +5.70 |
| Total Population | 24,925 | 335,744 | -- |
| Avg Household Size | 2.05 | 2.42 | -0.37 |
| Owner-Occupied | 54.9% | 64.5% | -9.5% |
| Worked From Home | 22.3% | 22.3% | 0.0% |
| Mean Commute | 18.80 | 22.60 | -3.80 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.4% to 335,744: residents under 18 are down 1.0% and those 65 and over are up 2.9%.
County median household income is $89K, 8.8% of residents are below the poverty level, 22.3% work from home.