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Henrico Real Estate

Henrico County real estate blankets the city of Richmond, and is bound by the James River and Richmond to the south, and by Goochland (Area 24) and Hanover (Areas 36 and 44) Counties to the west and north. Henrico real estate is divided into 5 zones, as outlined in the map above. The most expensive Henrico county home for sale (per square foot) in 2007 was found in Area 22, which adjoins Richmond City's "fashionable West End." Area 34 (often referred to as "the far West End ") boasts newer construction, with the largest homes sold in the county in 2007, averaging 2413 sq. ft. Henrico County real estate moves quickly in both of these areas, with 50% of the homes having been sold in 43 days or fewer in 2007. Over 60% of Henrico county home sales took place in Areas 22 and 34 last year. It is important to note that real estate prices in Henrico County continued to appreciate in almost all real estate zones during the year, meaning that Henrico County homes are a good buy.

 

 

 

Area # Sold 2007 % Change from # Sold 2006 Min Price
Max Price
Ave. Sales
Price
% Inc. from 2007 Ave. Sq. Ft. Price/Sq. Ft.

Median Price

% Inc. from 2007 Median Days on Market

22

1211

-12%

$103,000

$3,800,000

$353,025

1%

2245

$153

$285,000

2%

38 (+81%)

32

439

-11%

$75,000

$451,000

$197,000

3%

1544

$133

$185,000

6%

31 (+35%)

34

1030

-17%

$35,000

$1,085,000

$352,313

-1%

2413

$146

$311,350

0%

51 (+132%)

40

489

-23%

$45,000

$900,000

$209,718

-13%

1717

$126

$194,000

5%

46 (+100%)

42

515

-16%

$46,000

$375,420

$172,586

8%

1513

$117

$160,000

7%

45 (+73%)


To the north and east of Richmond lie Henrico real estate zones 32, 42, and 40. Area 42 is particularly affordable, with a Henrico home for sale at an average sq. ft. price of $117 in 2007. A competent real estate company (that would be VR&R!!!) can help you find a good investment in any of these Henrico County real estate zones.

To the north and east of Richmond lie Henrico real estate zones 32, 42, and 40. Area 42 is particularly affordable, with a Henrico home for sale at an average sq. ft. price of $117 in 2007. A competent real estate company (that would be VR&R!!!) can help you find a good investment in any of these Henrico County real estate zones.

If you would like spreadsheets outlining all 2007 Henrico County Virginia real estate figures, please contact me by email ( andy@relocatetorichmond.com ) or phone (804) 249-7666, and I would be delighted to share detailed information. Our Henrico county realtor team would love to help you understand comparative prices of real estate in Henrico County , VA . We can also set up a search that will send you each active Henrico County , Virginia real estate listing as soon as it is entered into the MLS system. If you want to run a quick search of Henrico real estate, or Virginia homes in other areas, you can click on the listings link on www.relocatetorichmond.com, and pull up active listings for houses in Henrico County.


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