23234 — Chesterfield County, Virginia Market Snapshot
Housing market data for zip code 23234 in Chesterfield County, Virginia. Updated monthly with median prices, days on market, and more.
Market Sales Data
36 sales in 2026 (year to date)
Median Sale Price
$329,470
Days to Sell
163
Homes Sold
36
Inventory
20
Sale-to-List
99.1%
New Listings
28
Price/SqFt
$223
Pending Sales
26
Conforming Loan Available
Most homebuyers in 23234 can comfortably use conventional financing. The median home price of $329,470 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 163 days on average, 23234 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 23234 (99.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 23234 can comfortably use conventional financing. The median home price of $329,470 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 23234 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 23234
To purchase the median home at $329,470 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,674.
Monthly Payment
$2,674
Income Required
$114,613
Principal & Interest
$2,030/mo
Down Payment (5%)
$16,474
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 23234.
Estimated Monthly Payment
$2,189
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