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Richmond city, VA

ZIP 23219 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 23219

Median Home Value
$287,500
Median Rent
$1,356
Affordability Snapshot
$79,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,847/mo PITI).

26%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

17.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 23219 in Richmond city, VA, a household would need roughly $79,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,847. That is about 26% above the local median household income ($62,533), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 18% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
7.6%-88% vs US avg
x
Vacancy Rate
18.2%+77% vs US avg
x
Broadband Access
85.3%-2% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
7.6%-40% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
26.9%-46% vs US avg
x
Mortgage-Free
21.1%-45% vs US avg
x
$287,500
Home Value
$1,356
Rent
1945
Year Built
N/A
Moved In
Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached1.8%
  • 1-unit attached5.6%
  • 2-9 units14.8%
  • 10+ units76.7%
  • Mobile home & other1.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$287,500
Median rent$1,356
Owner-occupied7.6%
Vacant18.2%
Price-to-income4.6x
Est. income to buy$79,000