Market Snapshot
- Median listing price
- $405K
- Median rent
- $1,699/mo
- Days on market
- 255 days
- Gross rental yield
- 5.03%
- STR vs LTR
- $2,907/mo STR · $1,699/mo LTR
The median listing price in Richmond, VA ZIP 23225 is $405,000 as of June 2026.
The median market rent in Richmond, VA ZIP 23225 is $1,699/month as of June 2026.
The median days on market in Richmond, VA ZIP 23225 is 255 days as of June 2026. The market is currently neutral.
At a median list price of $405,000 and a median rent of $1,699/month, the gross rental yield in Richmond, VA ZIP 23225 is 5.03% as of June 2026.
In Richmond, VA ZIP 23225, median Airbnb revenue is $2,907/month compared to median long-term rent of $1,699/month as of June 2026.
Richmond, VA 23225 Real Estate Market Report
ZIP Code: 23225
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Key Findings
- The primary indicator of local market value is the median sold price 339,000, which anchors recent transaction activity and suggests realized pricing is materially below asking levels; upward price momentum is present per reported trends, so sellers with realistic price expectations may still capture appreciation.
- The median listing price 405,000 sits meaningfully above the median sold price, indicating pricing friction between seller expectations and transaction outcomes that may require negotiation to close deals in a balanced market.
- The median days on market 255 signals slower sales velocity and longer time-to-close for listed SFR and condo inventory; this extended marketing window appears to give buyers more opportunity to negotiate on price and terms.
- Rents and price-per-square-foot context: the median market rent 1,699 is rising while the median price per square foot 254 provides a baseline for valuation; combined with elevated interest rate pressure, investors and owner-occupiers should model financing sensitivity carefully given higher carrying costs.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.50% rate, 1.0% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
Get personalized market intelligence
Analyze properties in Richmond, VA with valuations, rental estimates, highest-and-best-use signals, and operating costs.