23250 — Henrico County, Virginia Market Snapshot

Housing market data for zip code 23250 in Henrico County, Virginia. Updated monthly with median prices, days on market, and more.

Data as of August 2022

Limited Sales Data

Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Henrico County county page for broader data.

Market Sales Data

1 sales in 2022

Source: Redfin

Median Sale Price

$349,644

Closed sales

Days to Sell

16

Median, listing to close

Homes Sold

1

Closed in 2022

Inventory

N/A

Conforming Loan Available

Most homebuyers in 23250 can comfortably use conventional financing. The median home price of $349,644 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

Homes in 23250 are moving quickly at 16 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Conforming Loan Feasibility

Most homebuyers in 23250 can comfortably use conventional financing. The median home price of $349,644 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 23250 are set at the county level.

2026 Loan Limits — Henrico 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 23250

To purchase the median home at $349,644 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,829.

Monthly Payment

$2,829

Income Required

$121,237

Principal & Interest

$2,154/mo

Down Payment (5%)

$17,482

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 23250.

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Estimated Monthly Payment

$2,314

Principal & Interest$1,814
Property Tax$350
Insurance$150
Loan Amount$279,715
Total Interest$373,408
Income Required$99,166/yr

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