Lakeside, VA 23228 - Real Estate Investment Insights & Performance Data

Welcome to our 23228 real estate data hub, tailored for investors in Lakeside, VA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 23228 in Lakeside, VA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in HENRICO COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Lakeside, VA real estate investing. Uncover the wealth of information available, and position yourself for success in the Lakeside property market.

• Location Overview

  • Zip Code: 23228
  • City: Lakeside
  • State: VA
  • Metro Area: Richmond, VA
  • County Name: HENRICO COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $297,811
  • Average Home Price (Single Family Homes): $305,564
  • Average Monthly Rental Price (All Types): $1,531
  • Price-to-Rent Ratio: 16
  • Zillow Projected % appreciation from 4/2023-4/2024: 1.5%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,450
  • Average 3 Bedroom Section 8 Rental Rates: $1,870
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.12
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.27
  • Number of Units Offered in Section 8 in the County: 2046
  • Number of Occupied Units in Section 8 in the County: 1884
  • Percentage of Section 8 Units Occupied in the County: 92.09999847%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 255.49
  • Total % Appreciation since 2000 (Government Data): 171.78
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 2.04%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 12.58%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 40.11%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 61.53%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 111.28%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 87.16%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 180.04%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.6%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.95%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 33.06%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 43.39%