23227 Housing Market

$397,105

4.4% 1-yr

The average 23227 home value is $397,105, up 4.4% over the past year and goes to pending in around 5 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

23227 Key Takeaways

Typical Home Values: $397,105

1-year Value Change: +4.4%

(Data through May 31, 2025)

23227 Housing Market Overview

0.2%1-year Market Forecast(May 31, 2025)

38For sale inventory(May 31, 2025)

25New listings(May 31, 2025)

--Median sale to list ratio

--Median sale price(April 30, 2025)

$398,986Median list price(May 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

5Median days to pending(May 31, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
23222$283,306
23228$331,081
23230$428,115
23232--
23269--
23220$445,454
23284--
23226$580,214
23221$648,133

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23227 Rental Market Trends

$1,468Average rent in 23227(May 31, 2025)

$2,049National average rent(May 31, 2025)

-0.2%Month-over-month change(May 31, 2025)

10.0%Year-over-year change(May 31, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.