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23225 Housing Market Report June 2025•Richmond County, Virginia

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Housing Prices in 23225, VA

How much do homes in 23225, VA cost?

Housing Market Conditions

Is 23225, VA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

23225 is a Seller's Market

Difference Since June 2024

Since last year, 23225 has remained a Seller's Market.

Insight

23225 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$419,000$244/SqFt
+$42,000
+11.1%

Based on all homes sold in the last 12 months

Insight

Homes in 23225 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 23225 was $419,000 in June 2025, up 11.1% from last year, and the median price per square foot was $244.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
23221
+22.9%
23225
+11.1%
23235
+7.4%
23224
+5.5%
23220
+3.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1$196K$135.5K
-30.9%
2$275.2K$285K
+3.5%
3$376.5K$404K
+7.3%
4$475K$485K
+2.1%
5$565K$586K
+3.7%

Summary: 23225 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -30.9%. The home price for 2 bedroom homes increased by +3.5%. The home price for 3 bedroom homes increased by +7.3%. The home price for 4 bedroom homes increased by +2.1%. The home price for 5 bedroom homes increased by +3.7%.

How does 23225, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

23225, VA

Housing supply in 23225, VA

How many homes are available in 23225, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
143Last MonthJun 2025
1472 months agoMay 2025
-2.7 %
Change MoMMay – Jun

Summary: The 23225 real estate market had 143 homes for sale in Jun 2025, a 2.7 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
43Last MonthJun 2025
452 months agoMay 2025
-4.4 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
121
-50.0%
21515
0.0%
37875
-3.8%
44648
+4.3%
564
-33.3%

Summary: 23225 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -3.8%. The inventory for 4 bedroom homes increased by +4.3%. The inventory for 5 bedroom homes decreased by -33.3%.

Asking Price vs. Sold Price

How much do homes in 23225, VA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price24 Homes

At Asking Price9 Homes

Under Asking Price10 Homes

Insight

If you're buying a home in 23225, you could pay more than the asking price. 55.8% of homes here sold above asking price last month.

Summary: A total of 43 homes were sold or pending in 23225 in June 2025, down by 4.4% month-over-month. Of the 43 sold homes, 23% were sold under asking, 21% were sold at asking, and and 56% were sold over asking.

Days on Market for 23225, VA

How long does it take to sell a home in 23225, VA?

Breakdown of Home Sale Times

Under 30 Days40 Homes

30 – 90 Days1 Home

Over 90 Days2 Homes

Insight

Many homes in 23225 are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 43 homes were sold in 23225; 93% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
16 DaysThis YearJun 2025
19 Days1 year agoJun 2024
-16.5 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in 23225 had an average listing age of 16 days in Jun 2025, down by 16.5% compared to the previous year.

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Newest Listings in 23225, VA

What homes are available in 23225, VA?

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Nearby markets

Popular Cities with Homes for Sale in Virginia

MLS Disclaimers and Copyright

Based on information from Central Virginia Regional MLS, for the period 07/01/2023 - 07/01/2025

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 3:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.