23228, Henrico, VA

Henrico, VA is a suburban county located in the Richmond metropolitan area. The 23228 zip code covers a total area of just over 9 square miles and has a population of around 112,000. Home prices in Henrico have been on the rise for the past several years, with median home prices reaching $269,000 as of September 2017. This makes Henrico one of the more expensive suburbs in Virginia to live in, and it also ranks as one of the most expensive zip codes in the Richmond metropolitan area.

One reason that home prices have been on the rise in Henrico is that there are a lot of people who want to live here. The county has a population density of just over 1,500 people per square mile, which is much lower than many other parts of Virginia. Additionally, Henrico is located close to both downtown Richmond and Charlottesville, which means that it has plenty of amenities and shopping options.

Another factor contributing to rising home prices in Henrico is that there are a lot of homes available for sale. As mentioned earlier, there are just over 9 square miles covered by this zip code, so not everyone who wants to buy a home can do so. In addition, many homes here were built between 1990 and 2000 – an era when housing was much more affordable than it is now. As such, many homes here are either older or smaller than what people are typically looking for these days. However, because there are so many homes available for sale and buyers seem willing to pay more for them than they did several years ago, home prices continue to increase year after year.