Appreciation Velocity — Richmond, VA
Home-price appreciation in Richmond, VA plus ZIPs within the city ranked by 1Y growth.
Public Record
Richmond · 1Y appreciation
+5.7%
Richmond · 3Y appreciation
+38.0%
Richmond · 5Y appreciation
+85.8%
Richmond · 10Y appreciation
+108.2%
Top 10 — 1Y appreciation (Zips)
#1 · ZIP 23223
+88.9%
#2 · ZIP 23220
+27.8%
#3 · ZIP 23238
+18.6%
#4 · ZIP 23222
+11.9%
#5 · ZIP 23225
+1.4%
#6 · ZIP 23236
+0.4%
#7 · ZIP 23294
-1.5%
#8 · ZIP 23233
-4.9%
#9 · ZIP 23221
-5.2%
#10 · ZIP 23228
-11.4%
Zip ranking — 1Y appreciation (highest first)
| # | Zip | State | 1Y | 3Y | 5Y | 10Y | Current median |
|---|---|---|---|---|---|---|---|
| 1 | ZIP 23223 | VA | +88.9% | +151.6% | +283.2% | +238.8% | $643.7K |
| 2 | ZIP 23220 | VA | +27.8% | +77.7% | +143.5% | +223.9% | $1.01M |
| 3 | ZIP 23238 | VA | +18.6% | -10.2% | +24.4% | +99.9% | $579K |
| 4 | ZIP 23222 | VA | +11.9% | +27.9% | +143.3% | +236.6% | $410.7K |
| 5 | ZIP 23225 | VA | +1.4% | +13.1% | +81.7% | +98.1% | $451.7K |
| 6 | ZIP 23236 | VA | +0.4% | +24.5% | +39.9% | +103.1% | $416.4K |
| 7 | ZIP 23294 | VA | -1.5% | +31.5% | +42.1% | +84.1% | $377.4K |
| 8 | ZIP 23233 | VA | -4.9% | -28.2% | +43.3% | +81.6% | $509.4K |
| 9 | ZIP 23221 | VA | -5.2% | +34.8% | +92.6% | +115.2% | $695.8K |
| 10 | ZIP 23228 | VA | -11.4% | +8.7% | +42.2% | +68.4% | $309.6K |
| 11 | ZIP 23235 | VA | -13.7% | +18.4% | +50.7% | +78.9% | $415K |
| 12 | ZIP 23224 | VA | -16.8% | +13.8% | +106.2% | +179.0% | $288.9K |
| 13 | ZIP 23226 | VA | -17.5% | -38.8% | +18.0% | +61.6% | $616.2K |
| 14 | ZIP 23229 | VA | -21.7% | +52.9% | +144.8% | +203.7% | $893.7K |
| 15 | ZIP 23230 | VA | -26.9% | -23.5% | +29.5% | +84.2% | $428K |
| 16 | ZIP 23227 | VA | -28.6% | -12.9% | +50.1% | +76.3% | $370K |
How to read these numbers
Velocity vs. level
A market with 25% one-year appreciation is moving fast — but a market with steady 6% over ten years has compounded much further. Use 10Y as the long-run signal, 1Y as the momentum signal.
Mean-reversion risk
Markets that posted huge 1Y and 3Y gains often cool over the next cycle. Compare 1Y to 5Y: if 1Y is far above 5Y, the trend is accelerating; if far below, it is decelerating — often the more important signal.
Sample sanity
We require a minimum current median price (default $50K) to filter out tiny ZIPs with noisy data. Raise that threshold for serious investment markets; lower it to find emerging niches. Source: public record.