New - 1 day on Rocket
$3,441 Closing Credit¹
#2502923, Thiago Pereira Da Motta, Listing Office: Fathom Realty Virginia
23294 Housing Market Report January 2025•Henrico County, Virginia
Housing Prices in 23294, VA
How much do homes in 23294, VA cost?
Housing Market Conditions
Is 23294, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
23294 is a Seller's Market
Difference Since January 2024
Since last year, 23294 has remained a Seller's Market.
Insight
23294 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$355,000$224/SqFt
+$5,205
+1.5%
Based on all homes sold in the last 12 months
Insight
Homes in 23294 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 23294 was $355,000 in January 2025, up 1.5% from last year, and the median price per square foot was $224.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $328.2K | $289K | -12.0% |
| 33 Bedrooms | $342.2K | $345K | +0.8% |
| 44 Bedrooms | $361.5K | $409K | +13.1% |
| 55+ Bedrooms | $410K | $482K | +17.6% |
Summary: 23294 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -12.0%. The home price for 3 bedroom homes increased by +0.8%. The home price for 4 bedroom homes increased by +13.1%. The home price for 5 bedroom homes increased by +17.6%.
Housing supply in 23294, VA
How many homes are available in 23294, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 21Last MonthJan 2025 | ||
| 292 months agoDec 2024 | -27.6 % Change MoMDec – Jan |
Summary: The 23294 real estate market had 21 homes for sale in Jan 2025, a 27.6 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthJan 2025 | ||
| 162 months agoDec 2024 | -56.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 3 | -40.0% |
| 33 Bedrooms | 15 | 12 | -20.0% |
| 44 Bedrooms | 6 | 6 | 0.0% |
| 55+ Bedrooms | 3 | 0 | -100.0% |
Summary: 23294 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -40.0%. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -100.0%.
Asking Price vs. Sold Price
How much do homes in 23294, VA cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in 23294, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 23294 in January 2025, down by 56.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.
Days on Market for 23294, VA
How long does it take to sell a home in 23294, VA?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Many homes in 23294 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 7 homes were sold in 23294; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 46 DaysThis YearJan 2025 | ||
| 10 Days1 year agoJan 2024 | +332.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 23294 had an average listing age of 46 days in Jan 2025, up by 332.8% compared to the previous year.
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Newest Listings in 23294, VA
What homes are available in 23294, VA?
New - 4 days on Rocket
$5,759 Closing Credit¹
#2502652, Suzanne Duncan, Listing Office: United Real Estate Richmond
New - 6 days on Rocket
$6,413 Closing Credit¹
#2502119, Gordon Laroussini, Listing Office: RE/MAX Commonwealth
$3,598 Closing Credit¹
#2502372, Verria Hairston, Listing Office: Opendoor Brokerage LLC
$5,225 Closing Credit¹
#2500978, Layal Hosn, Listing Office: The Steele Group
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MLS Disclaimers and Copyright
Based on information from Central Virginia Regional MLS, for the period 02/01/2023 - 02/01/2025
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 reservedData displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.