23221 — Richmond, VA Home Values
Typical home value $663,117 as of June 2026 · 4th of 88 in Richmond, VA
Blue: typical home value (Zillow ZHVI) in ZIP code 23221, June 2021 to June 2026. This page shows observed data only; no forecast.
How 23221 compares in the Richmond, VA area
ZIP code 23221 (Richmond, VA) has a typical home value of $663,117 as of June 2026, ranking 4th of 88 ZIP codes tracked in the Richmond, VA area, more expensive than about 97% of ZIP codes in the metro. Prices here have moved +1.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +32.5%, from $500,290 in June 2021 to $663,117 in June 2026. Against observed rent, the typical home here sells for 31.6× the annual rent ($1,749/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Richmond, VA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Richmond.
Population and demographics
ZIP code 23221 has a population of 14,180, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 86.2% White, 5.1% Black or African American, 2.9% Hispanic or Latino, 2.8% two or more races, 1.7% Asian, 1.1% another race, and 0.3% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Lois Harrison-Jones Elementary | 3021 Maplewood Ave, Richmond, VA | 0.5 mi |
| Albert Hill Middle | 3400 Patterson Ave, Richmond, VA | 1 mi |
| Mary Munford Elementary | 211 Westmoreland Street, Richmond, VA | 1.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 23221?
$663,117 as of June 2026, the latest month Zillow has published observed data for.
Is 23221 an expensive ZIP code in the Richmond, VA area?
23221 ranks 4th of 88 ZIP codes in the Richmond, VA area by typical home value, more expensive than about 97% of ZIP codes in the metro.
How much have home values in 23221 changed over the past year?
+1.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 23221?
The typical home price is 31.6× the observed annual rent in this ZIP code ($1,749/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 23221?
14,180, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 23221?
Lois Harrison-Jones Elementary (0.5 mi), Albert Hill Middle (1 mi), Mary Munford Elementary (1.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 23221?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Richmond, VA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.