Median home value in zip code 23231 (Henrico, VA) is $326,836, up 1.3% year over year. Part of the Richmond, VA metropolitan area.

Home Value$326,836

YoY Change

+1.3%

Prices rising — worse for buyers.

Affordability

Enter your income for 23231 (Henrico).

Income (annual)

Down Payment

$65,367 on $326,836

Example: $75,000 household income. Change it above to see your own.

Stretch32.4% of income

Above 28% but manageable with cuts.

PITI$2,023

P/I32.4%

Afford$283K

Gap-$44K

P&I $1,653Tax $237Ins $133

6.50% 30yr, 20% down, county tax + VA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

23231 is part of the Richmond, VA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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