Henrico Real Estate Analysis

Henrico County , officially the County of Henrico, is a county located in the Commonwealth of Virginia. As of the 2010 census, the population was 306,935, in 2013, the population was estimated to be 316,973,  making it the fifth-most populous county in Virginia. Its county seat is Henrico, Virginia. Established as the Citie of Henricus in 1611 by the Virginia Company, Henrico became one of the eight original English shires (counties) in 1634. It is one of the oldest counties in the United States.

Henrico County is included in the Richmond, VA Metropolitan Statistical Area.

The incorporated city of Richmond was officially part of Henrico County until a state constitutional change in 1871 made all incorporated cities in Virginia independent cities. The land within Henrico County surrounds the independent city of Richmond to the west, north, and east. The shape of Henrico County curves around the northern side of the city of Richmond.  Bordering the city of Richmond on the west, north, and east, the county of Henrico lies between the James and Chickahominy rivers, and constitutes approximately a third of the Richmond metropolitan area. Today, Henrico’s over one-quarter of a million residents live in planned communities of 244.06 square miles consisting of residential communities, farm land, office parks, retail, and diversified industrial areas.

Richmond International Raceway is located in the central portion of Henrico County near MechanicsvilleHanover County, Virginia, just north of the Richmond corporate limits. Additionally, Richmond International Airport is located in the eastern portion of Henrico County.

Henrico Real Estate Market Stats

Average Home Values

Price Distribution

Owners vs Renters

Home Averages

$581 Average Price

Local vs National Home Values

Zillow Home Value Index $226,500 $195,700
Median Single Family Home Value $234,200 $194,200
Median Condo Value $173,800 $209,700
Median 2-Bedroom Home Value $157,600 $153,400
Median 3-Bedroom Home Value $194,800 $189,700
Median 4-Bedroom Home Value $297,700 $313,200
Percent Homes Decreasing 4.8% 16%
Percent Listing Price Reduction 11.4% 11.9%
Median List Price Per Sq Ft $134 $125
Median List Price $270,000 $239,500
Median Sale Price 581 2,435,077
Homes For Sale 581 2,435,077
Homes Recently Sold 581 2,435,077
Property Tax $1,641 $2,147
Turnover (Sold Within Last Yr.) 5% 3.2%
Median Value Per Sq Ft $137 $132
1-Yr. Change 5.5% 6.9%
Homes For Sale By Owner 31 90,336
New Construction 112 126,105
Foreclosures 3 18,379

Henrico Real Estate Listings

Active Listings in Henrico

1715 Quietwood Court Henrico, VA 23238
Photo of 1715 Quietwood Court, Henrico, VA 23238 (MLS # 1710173)
4 beds 3 baths 2,306 sqft $299,950
2232 Rockwater Terrace, Unit 2232 Henrico, VA 23238
Photo of 2232 Rockwater Terrace, Unit 2232, Henrico, VA 23238 (MLS # 1710336)
3 beds 2 baths 1,296 sqft $165,000
9901 Woodman Trace Court Henrico, VA 23060
Photo of 9901 Woodman Trace Court, Henrico, VA 23060 (MLS # 1700480)
4 beds 3 baths 2,411 sqft $319,995
6009 Shady Willow Place Henrico, VA 23059
Photo of 6009 Shady Willow Place, Henrico, VA 23059 (MLS # 1639569)
5 beds 5 baths 3,650 sqft $398,000
905 Pinewood Drive Henrico, VA 23238
Photo of 905 Pinewood Drive, Henrico, VA 23238 (MLS # 1710315)
3 beds 3 baths 1,872 sqft $264,950

Walk Score for Henrico

Henrico School Data

Henrico School Districts

Henrico County Public Schools

Henrico Schools

Tucker High School
9-12, public
Our Lady Of Lourdes School
PK-8, private
Collegiate School
K-12, private
Pocahontas Middle School
6-8, public
Holman Middle School
6-8, public
New Bridge Learning Center
K-2, public
East End Christian Academy
PK-11, private

Posted on May 27, 2014 at 9:51 pm by Alex Glaser