ZIP Code 23230 — Henrico, VA Home Prices (2026)

The typical home in ZIP 23230 (Henrico, Virginia) is worth about $425,000 at roughly $278 per square foot — 3% more expensive than the Henrico median and 45% more expensive than the typical U.S. home.

$425,000

Typical home value

$278

Price per sq ft

#4 of 8

Henrico ZIPs by value

+3%

vs Henrico median

How 23230 compares

ZIP 23230 is a mid-priced ZIP code for Henrico: its typical home value of $425,000 ranks #4 of the 8 Henrico ZIP codes we track (the citywide range runs from $300,000 in 23223 to $543,000 in 23233). Per square foot it costs about $278, against $244 for Henrico as a whole, $221 for Virginia, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 23230	$425,000	$278
Henrico, VA	$412,500	$244
Virginia	$342,000	$221
United States	$294,000	$195

Home value by size in 23230

Using this ZIP’s rate of about $278 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$278,000
1,500 sq ft	$417,000
2,000 sq ft	$556,000
2,500 sq ft	$695,000
3,000 sq ft	$834,000

Salary needed to buy a home in ZIP 23230

To buy the typical $425,000 home in ZIP 23230 with 20% down, you need a household income of roughly $116,000 a year (about $2,700 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $137,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$21,300	$3,350/mo	$144,000/yr
10% (+PMI)	$42,500	$3,210/mo	$137,000/yr
20%	$85,000	$2,700/mo	$116,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 23230

At about $278 per square foot, here is roughly how much home different budgets get you in ZIP 23230:

Budget	Approx. size	What that looks like locally
$200k	720 sq ft	below the local median — condos, smaller or older homes
$250k	900 sq ft	below the local median — condos, smaller or older homes
$300k	1080 sq ft	below the local median — condos, smaller or older homes
$400k	1440 sq ft	around the typical home here
$500k	1800 sq ft	around the typical home here

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 23230 home.

Estimate a specific home in 23230

The estimator below is pre-set to ZIP 23230 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Henrico ZIP codes by home value

Where 23230 sits among Henrico’s 8 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	23233	$543,000	$253
2	23229	$530,000	$297
3	23238	$505,000	$261
4	23230 (this page)	$425,000	$278
5	23227	$400,000	$224
6	23294	$366,000	$218
7	23231	$338,000	$234
8	23223	$300,000	$231

ZIP 23230 home prices: frequently asked

What is the average home price in ZIP code 23230? +

The typical home in ZIP 23230 (Henrico, VA) is worth about $425,000 as of 2026. That is 3% more expensive than the Henrico median of $412,500 and 45% more expensive than the U.S. median of $294,000.

What is the price per square foot in 23230? +

About $278 per square foot in 23230, versus $244 across Henrico and $221 across Virginia. At that rate a 1,500 sq ft home runs roughly $417,000 and a 2,500 sq ft home about $695,000.

What salary do you need to buy a house in ZIP 23230? +

For the typical $425,000 home in ZIP 23230, a household income of about $116,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $137,000; with 5% down about $144,000.

Is 23230 an expensive ZIP code? +

Within Henrico, 23230 ranks #4 of 8 ZIP codes by typical home value, which makes it a mid-priced ZIP code for Henrico. Nationally it is relatively expensive.

See the full Henrico home values page, all Virginia cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.