23224 — Chesterfield County, Virginia Market Snapshot
Housing market data for zip code 23224 in Chesterfield County, Virginia. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 3 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Chesterfield County county page for broader data.
Market Sales Data
3 sales in 2026 (year to date)
Median Sale Price
$697,500
Days to Sell
27
Homes Sold
3
Inventory
5
Conforming Loan Available
The median home in 23224 at $697,500 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
Homes in 23224 are moving quickly at 27 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Conforming Loan Feasibility
The median home in 23224 at $697,500 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 23224 are set at the county level.
2026 Loan Limits — Chesterfield County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $707,250 |
| 2 Units | $1,066,250 | $905,400 |
| 3 Units | $1,288,800 | $1,094,450 |
| 4 Units | $1,601,750 | $1,360,100 |
Affordability Snapshot — Zip 23224
To purchase the median home at $697,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,494.
Monthly Payment
$5,494
Income Required
$235,458
Principal & Interest
$4,298/mo
Down Payment (5%)
$34,875
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 23224.
Estimated Monthly Payment
$4,467
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