Updated May 2026 · Redfin · 3-month window
23227 Real Estate Market Update: Richmond, VA, May 2026
The latest housing-market numbers for ZIP code 23227 in Richmond, Virginia, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $411K | ▲ +8.2% | ▼ -3.2% |
| Days on market | 12 | ▼ -36.8% | ▲ +9.1% |
| Homes for sale | 27 | ▼ -18.2% | ▼ -50.0% |
| Sale-to-list | 100.3% | ▲ +0.4% | ▼ -1.9% |
| Homes sold | 76 | ▲ +10.1% | ▲ +28.8% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 23227 numbers say
The 23227 ZIP in Richmond is cooling. The median sale price sits at $411,250, 3.2% below last year. Homes here move fast: a typical listing goes under contract in about 12 days, and sellers are getting 100.3% of list price.
Based on 76 recent sales, 23227 is currently an active market.
What this means if you sell in 23227
Use these figures to set expectations early. Lead a listing appointment with the median price and the 12-day pace, show the year-over-year direction, and frame 23227 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Richmond post →Frequently asked: the 23227 housing market
- What is the median home price in ZIP 23227 (Richmond, VA)?
- As of May 2026, the median sale price in ZIP 23227 is $411,250 (-3.2% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 23227 a buyer's or seller's market right now?
- ZIP 23227 is currently an active market, based on a 100.3% sale-to-list ratio, about 12 days on market for May 2026.
- How long do homes take to sell in ZIP 23227?
- A typical listing in 23227 goes under contract in about 12 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 23227 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.