Richmond, VA Metro Area - Investment Guide

Metro Area • 59 Cities • 88 ZIP Codes

Avg Home Value $393,917
Avg Monthly Rent $1,578
Avg Cap Rate 3.32%
Avg Investability 3.0 ★
Cities 59
ZIP Codes 88

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🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Richmond, VA Metro Area
Even conditions for buyers and sellers
31 days
Average time to sell
Average
11.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions data as of August 29, 2026 — updated weekly

Best ZIP codes in Richmond, VA

Every ZIP in the metro, ranked four ways. Free.

Cash Flow → Appreciation → Affordable →

Cities in Richmond, VA

Amelia Court House Virginia 1 ZIPs Ashland Virginia 1 ZIPs Aylett Virginia 3 ZIPs Barhamsville Virginia 1 ZIPs Beaverdam Virginia 1 ZIPs Carson Virginia 1 ZIPs Center Cross Virginia 1 ZIPs Charles City Virginia 1 ZIPs Chester Virginia 2 ZIPs Chesterfield Virginia 3 ZIPs Church Road Virginia 1 ZIPs Colonial Heights Virginia 1 ZIPs Columbia Virginia 2 ZIPs Crozier Virginia 1 ZIPs Dewitt Virginia 1 ZIPs Dinwiddie Virginia 1 ZIPs Disputanta Virginia 1 ZIPs Doswell Virginia 1 ZIPs Ford Virginia 2 ZIPs Glen Allen Virginia 2 ZIPs Goochland Virginia 2 ZIPs Gumspring Virginia 1 ZIPs Hanover Virginia 1 ZIPs Henrico Virginia 7 ZIPs Highland Springs Virginia 1 ZIPs Hopewell Virginia 1 ZIPs Jarratt Virginia 2 ZIPs Jetersville Virginia 1 ZIPs King William Virginia 1 ZIPs Lakeside Virginia 1 ZIPs Lanexa Virginia 1 ZIPs Maidens Virginia 1 ZIPs Manakin Sabot Virginia 1 ZIPs Mattaponi Virginia 1 ZIPs McKenney Virginia 1 ZIPs Mechanicsville Virginia 2 ZIPs Midlothian Virginia 3 ZIPs Montpelier Virginia 1 ZIPs Moseley Virginia 1 ZIPs New Kent Virginia 1 ZIPs Oilville Virginia 1 ZIPs Petersburg Virginia 2 ZIPs Powhatan Virginia 1 ZIPs Prince George Virginia 1 ZIPs Providence Forge Virginia 1 ZIPs Quinton Virginia 1 ZIPs Rockville Virginia 1 ZIPs Sandston Virginia 1 ZIPs Shacklefords Virginia 1 ZIPs Spring Grove Virginia 1 ZIPs Stony Creek Virginia 1 ZIPs Sutherland Virginia 1 ZIPs Tappahannock Virginia 1 ZIPs Tuckahoe Virginia 1 ZIPs Wakefield Virginia 1 ZIPs Walkerton Virginia 1 ZIPs Waverly Virginia 2 ZIPs West Point Virginia 1 ZIPs Yale Virginia 1 ZIPs

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
23803 Petersburg VA $229,492 $1,268 4.31% 4.0 ★
23872 McKenney VA $259,013 $1,386 4.17% 4.0 ★
23224 Richmond VA $232,162 $1,536 5.16% 4.0 ★
23803 Petersburg VA $241,972 $1,258 4.06% 4.0 ★
23803 Petersburg VA $226,200 $1,232 4.25% 4.0 ★
23805 Petersburg VA $254,300 $1,428 4.38% 4.0 ★
23803 Petersburg VA $241,029 $1,294 4.19% 4.0 ★
23803 Petersburg VA $226,200 $1,232 4.25% 4.0 ★
23805 Petersburg VA $254,300 $1,428 4.38% 4.0 ★
23803 Petersburg VA $237,807 $1,314 4.31% 4.0 ★
23872 McKenney VA $259,013 $1,386 4.17% 4.0 ★
23224 Richmond VA $232,162 $1,536 5.16% 4.0 ★
23075 Highland Springs VA $251,410 $1,745 5.41% 4.0 ★
23102 Maidens VA $538,449 $1,530 2.22% 3.0 ★
23140 Providence Forge VA $455,036 $1,665 2.85% 3.0 ★
23223 Henrico VA $300,785 $1,556 4.03% 3.0 ★
23238 Tuckahoe VA $482,848 $1,670 2.70% 3.0 ★
23850 Ford VA $262,336 $1,386 4.12% 3.0 ★
23059 Glen Allen VA $629,480 $1,924 2.38% 3.0 ★
23111 Mechanicsville VA $403,083 $2,141 4.14% 3.0 ★
23153 Goochland VA $546,248 $1,386 1.98% 3.0 ★
23228 Lakeside VA $322,807 $1,643 3.97% 3.0 ★
23830 Carson VA $347,065 $1,386 3.11% 3.0 ★
23875 Prince George VA $351,497 $1,543 3.42% 3.0 ★
22560 Tappahannock VA $306,800 $1,080 2.75% 3.0 ★
23069 Hanover VA $419,240 $1,584 2.95% 3.0 ★
23120 Moseley VA $597,677 $2,232 2.91% 3.0 ★
23219 Richmond VA $357,436 $1,570 3.43% 3.0 ★
23233 Henrico VA $545,285 $2,087 2.99% 3.0 ★
23836 Chester VA $441,372 $1,839 3.25% 3.0 ★
23890 Waverly VA $185,706 $1,386 5.82% 3.0 ★
23015 Beaverdam VA $416,176 $1,242 2.33% 3.0 ★
23220 Richmond VA $435,391 $1,617 2.90% 3.0 ★
23234 Richmond VA $315,163 $1,575 3.90% 3.0 ★
23838 Chesterfield VA $565,665 $1,566 2.16% 3.0 ★
23030 Charles City VA $274,421 $1,386 3.94% 3.0 ★
23103 Manakin Sabot VA $788,588 $1,386 1.37% 3.0 ★
23141 Quinton VA $425,424 $1,467 2.69% 3.0 ★
23224 Richmond VA $248,705 $1,547 4.85% 3.0 ★
23294 Henrico VA $354,678 $1,622 3.57% 3.0 ★
23860 Hopewell VA $229,441 $1,250 4.25% 3.0 ★
23060 Glen Allen VA $449,027 $1,985 3.45% 3.0 ★
23112 Midlothian VA $441,546 $2,174 3.84% 3.0 ★
23156 Shacklefords VA $272,575 $1,125 3.22% 3.0 ★
23229 Henrico VA $502,732 $1,785 2.77% 3.0 ★
23831 Chester VA $386,418 $1,823 3.68% 3.0 ★
23881 Spring Grove VA $297,462 $1,386 3.63% 3.0 ★
23002 Amelia Court House VA $344,096 $1,413 3.20% 3.0 ★
23075 Highland Springs VA $261,154 $1,745 5.21% 3.0 ★
23124 New Kent VA $434,865 $1,521 2.73% 3.0 ★

Showing top 50 of 88 ZIP codes. View all →

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About Richmond, VA Real Estate Market

The Richmond, VA metropolitan statistical area (MSA) encompasses 59 cities and 88 ZIP codes. The average home value across the metro is $393,917, with an average monthly rent of $1,578. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.