Zip lookup · VA

23238
Henrico, Virginia.

Henrico, Henrico County, VA · Richmond, VA metro · population 26,050

What it costs per month · 23238 $2,613/mo

to buy the typical home at today's mortgage rate — +$1,376 (+111%) since Jan 2020.

What the home itself did
1 year
Up $16,739 +3%
$481,014$497,754 since Sep 2025
5 years
Up $102,547 +26%
$395,207$497,754 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 23238 $2,613 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • 23238$2,613
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 15 years.

Typical home values in zip 23238 rose 3.5% over the past year — faster than the nation's +1.2%.

Asking rents in zip 23238 rose 0.2% over the past year — slower than the nation's +2.7%.

Owning the typical home in zip 23238 runs $1,620/mo more than renting one — the widest that gap has been in this data.

That is $3,391 a month against $1,771 rent: a $2,613 mortgage payment, plus $245 property tax and $533 insurance & upkeep.

Owning vs renting — zip 23238

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$1,500 $2,000 $2,500 $3,000 $3,500 2021 2022 2023 2024 2025 2026 Owning all in $3,391 Renting $1,771 Mortgage only $2,613
$1,500 $2,000 $2,500 $3,000 $3,500 2022 2024 2026
  • Owning all in$3,391
  • Renting$1,771
  • Mortgage only$2,613

Property tax · $245/mo 0.59% of value a year — the ACS 2020-2024 median bill over the median home value for 2 counties

Insurance & upkeep · $533/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

This zip spans 2 counties: Goochland County, VA 57% · Henrico County, VA 43%

Zillow also publishes an index for the city itself: Henrico, VA — measured over the city limits, which is a different area from this zip.

Asking rent $1,771 as of Sep 2026
+0.2%year on year
Typical home value $497,754 as of Sep 2026
+3.5%year on year

Asking rent — 23238

Against the Richmond, VA metro and the national benchmark.

$1,200 $1,400 $1,600 $1,800 2021 2022 2023 2024 2025 2026 23238 $1,771 Richmond $1,706 United States $1,932
$1,200 $1,400 $1,600 $1,800 2022 2024 2026
  • 23238$1,771
  • Richmond$1,706
  • United States$1,932

Typical home value — 23238

Mid-tier homes, smoothed and seasonally adjusted.

$300,000 $400,000 $500,000 2018 2020 2022 2024 2026 23238 $497,754 Richmond $392,106 United States $366,157
$300,000 $400,000 $500,000 2018 2022 2026
  • 23238$497,754
  • Richmond$392,106
  • United States$366,157

Within 20 miles

Showing 30 of 37 zips in range — sorting picks from all 37.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
3.4 23233 Henrico 31,582 $1,950 $535,638
4.0 23229 Henrico 35,689 $1,773 $521,985
4.5 23113 Midlothian 27,477 $2,010 $720,126
5.9 23294 Henrico 20,216 $1,653 $357,740
6.0 23103 Manakin Sabot 6,922 — $793,528
6.8 23226 Richmond 15,477 $2,094 $586,496
7.1 23235 Richmond 33,461 $1,845 $415,336
7.3 23060 Glen Allen 36,497 $2,008 $452,640
7.9 23114 Midlothian 21,631 $2,120 $468,325
8.2 23230 Richmond 8,910 $1,923 $416,616
8.5 23228 Henrico 36,527 $1,624 $328,234
8.6 23059 Glen Allen 42,522 $2,079 $625,974
8.8 23221 Richmond 14,402 $1,895 $645,519
8.9 23236 Richmond 27,903 $1,723 $391,368
8.9 23225 Richmond 42,771 $1,518 $367,296
9.8 23146 Rockville 3,451 — $552,943
9.9 23039 Crozier 938 — $536,394
10.4 23220 Richmond 34,671 $1,763 $446,587
10.8 23129 Oilville 305 — $673,181
11.0 23227 Richmond 24,925 $1,585 $392,587
11.0 23112 Midlothian 57,016 $2,054 $434,381
11.7 23224 Richmond 40,575 $1,520 $243,565
11.9 23219 Richmond 4,062 $1,530 $360,326
12.2 23222 Richmond 26,322 $1,682 $276,606
13.1 23102 Maidens 3,605 — $546,284
13.7 23234 Richmond 47,465 $1,559 $309,463
14.2 23832 Chesterfield 41,442 $1,890 $410,203
14.3 23005 Ashland 19,987 $1,874 $451,353
14.6 23223 Richmond 54,659 $1,469 $295,779
15.1 23120 Moseley 17,586 $2,500 $610,324

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.