HousingHandbookReference data

U.S. ZIP Code · VA23113

Chesterfield County · Richmond, VA

Typical home value

$714,688[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.6%
5-year / yr
+7.4%
10-year / yr
+5.4%

Relative price

vs U.S.
+151.6%
vs metro
+92.1%
vs state
+117.7%
ZIP 23113 location in VA
Location of ZIP 23113 in VA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 23113 is worth $714,688 — 92.1% above the Richmond, VA median. Over the past year, values have risen 3.6%. Homes here rent for a typical $1,986 a month — a 3.3% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,986[2]
Gross yield
3.3%[2]
Cap rate
2.0%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.8%[3]
Typical annual tax
$5,581[3]

#Climate risk

FEMA National Risk Index ratings for Chesterfield County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Relatively Low
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Relatively Moderate
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
27,477[3]
Median household income
$142,344[3]

#Migration

Household moves in and out of Chesterfield County over a year, from IRS tax-return data.

Net migration
+575[5]
Moved in
12,065
Moved out
11,490

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
5
Elementary
2
Middle
2
High
1
  • James River High

    High · Grades 9–12 · Chesterfield County Public Schools

    1,869 students

  • Midlothian Middle

    Middle · Grades 6–8 · Chesterfield County Public Schools

    1,297 students

  • Robious Middle

    Middle · Grades 6–8 · Chesterfield County Public Schools

    1,115 students

  • Robious Elementary

    Elementary · Grades PK–5 · Chesterfield County Public Schools

    677 students

  • Bettie Weaver Elementary

    Elementary · Grades PK–5 · Chesterfield County Public Schools

    613 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield3.3%
Net yield (after ~40% expenses)2.0%
Annual rent$23,837

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$3,614
Loan principal$571,750
Down payment$142,938
Total interest paid$729,236

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio2.35
Monthly cost to own$4,674
Monthly rent$1,986

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
88th percentile[1]
Rental yield
3rd percentile[2]
Property tax
86th percentile[3]

Frequently asked

How much is a home worth in ZIP code 23113?
The typical home in 23113 is worth $714,688, based on the Zillow Home Value Index.
Are home values rising in 23113?
Home values in 23113 are up 3.6% over the past year, and up 7.4% a year over five years.
What is the typical rent in 23113?
A typical home in 23113 rents for about $1,986 a month, a gross rental yield of 3.3%.
What is the property tax rate in 23113?
The effective property tax rate in 23113 is 0.8% — roughly $5,581 a year on a typical home.
Who lives in 23113?
ZIP code 23113 has a population of 27,477 and a median household income of $142,344.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • VA

    Typical home
    $666,579
    Gross yield
  • Richmond, VA

    Typical home
    $648,180
    Gross yield
    3.3%
  • VA

    Typical home
    $791,987
    Gross yield
  • Glen Allen CDP, VA

    Typical home
    $629,787
    Gross yield
    4.0%
  • VA

    Typical home
    $607,709
    Gross yield
    5.5%
  • Richmond, VA

    Typical home
    $584,093
    Gross yield
    4.4%

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