23224 — Richmond, VA Home Values
Typical home value $248,787 as of June 2026 · 80th of 88 in Richmond, VA
Blue: typical home value (Zillow ZHVI) in ZIP code 23224, June 2021 to June 2026. This page shows observed data only; no forecast.
How 23224 compares in the Richmond, VA area
ZIP code 23224 (Richmond, VA) has a typical home value of $248,787 as of June 2026, ranking 80th of 88 ZIP codes tracked in the Richmond, VA area, more expensive than about 10% 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 +43.1%, from $173,862 in June 2021 to $248,787 in June 2026. Against observed rent, the typical home here sells for 13.3× the annual rent ($1,556/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 23224 has a population of 39,010, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 63.8% Black or African American, 16.6% Hispanic or Latino, 15.8% White, 3% two or more races, 0.4% Asian, 0.2% American Indian or Alaska Native, and 0.2% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Cardinal Elementary | 1745 Catalina Dr, Richmond, VA | 0.7 mi |
| Swansboro Elementary | 3160 Midlothian Tnpk, Richmond, VA | 0.9 mi |
| Richmond High School for the Arts | 4314 Crutchfield St, Richmond, VA | 1.2 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 23224?
$248,787 as of June 2026, the latest month Zillow has published observed data for.
Is 23224 an expensive ZIP code in the Richmond, VA area?
23224 ranks 80th of 88 ZIP codes in the Richmond, VA area by typical home value, more expensive than about 10% of ZIP codes in the metro.
How much have home values in 23224 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 23224?
The typical home price is 13.3× the observed annual rent in this ZIP code ($1,556/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 23224?
39,010, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 23224?
Cardinal Elementary (0.7 mi), Swansboro Elementary (0.9 mi), Richmond High School for the Arts (1.2 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 23224?
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.