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These days, finding an affordable place to live in the 23231 area can be challenging. Home prices in 23231 are now at a median cost of $293,844, lower than the Virginia average of $443,089.
The average cost of rent is $1,496/mo in 23231, primarily driven by the current value of real estate in the 23231 area. In 23231, 33.09% of households rent, and 24.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 23231 is $7,000 per month. Households that rent pay about 21.37% of their income on rent here. 23231’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 23075, VA: less expensive homes
- 23223, VA: equally priced homes
- 23150, VA: equally priced homes
- 23298, VA: higher priced homes
- 23219, VA: higher priced homes
- 23224, VA: less expensive homes
- 23284, VA: higher priced homes
- 23234, VA: less expensive homes
- 23220, VA: higher priced homes
- 23222, VA: equally priced homes
Zip Codes with Similar Populations
- 06460, CT: higher priced homes
- 08080, NJ: higher priced homes
- 60477, IL: equally priced homes
- 55016, MN: higher priced homes
- 35216, AL: higher priced homes
- 23831, VA: equally priced homes
- 49341, MI: higher priced homes
- 91776, CA: higher priced homes
- 55311, MN: higher priced homes
- 49120, MI: less expensive homes
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