HousingHandbookReference data

U.S. ZIP Code · VA23805

Prince George County · Richmond, VA

Typical home value

$265,592[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.0%
5-year / yr
+9.0%
10-year / yr
+9.3%

Relative price

vs U.S.
-6.5%
vs metro
-28.6%
vs state
-19.1%
ZIP 23805 location in VA
Location of ZIP 23805 in VA

Price history

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

The typical home in 23805 is worth $265,592 — 28.6% below the Richmond, VA median. Over the past year, values have risen 1.0%. Homes here rent for a typical $1,526 a month — a 6.9% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent
$1,526[2]
Gross yield
6.9%[2]
Cap rate
4.1%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$1,973[3]

#Climate risk

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

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

#Who lives here

Population
21,408[3]
Median household income
$60,807[3]

#Migration

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

Net migration
-40[5]
Moved in
1,766
Moved out
1,806

Schools

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

Public schools
4
Elementary
1
Middle
1
High
1
  • Petersburg High

    High · Grades 9–12 · Petersburg City Public Schools

    1,171 students

  • Vernon Johns Middle

    Middle · Grades 6–8 · Petersburg City Public Schools

    901 students

  • Walnut Hill Elementary

    Elementary · Grades K–5 · Petersburg City Public Schools

    539 students

  • Petersburg Regional Alternative

    Not applicable · Petersburg Regional Alternative

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 yield6.9%
Net yield (after ~40% expenses)4.1%
Annual rent$18,310

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$1,343
Loan principal$212,473
Down payment$53,118
Total interest paid$270,998

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 ratio1.13
Monthly cost to own$1,728
Monthly rent$1,526

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
99th percentile[1]
Rental yield
95th percentile[2]
Property tax
79th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 23805?
The typical home in 23805 is worth $265,592, based on the Zillow Home Value Index.
Are home values rising in 23805?
Home values in 23805 are up 1.0% over the past year, and up 9.0% a year over five years.
What is the typical rent in 23805?
A typical home in 23805 rents for about $1,526 a month, a gross rental yield of 6.9%.
What is the property tax rate in 23805?
The effective property tax rate in 23805 is 0.7% — roughly $1,973 a year on a typical home.
Who lives in 23805?
ZIP code 23805 has a population of 21,408 and a median household income of $60,807.

#Comparable ZIPs

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

  • McKenney, VA

    Typical home
    $268,769
    Gross yield
  • VA

    Typical home
    $272,575
    Gross yield
  • Highland Springs CDP, VA

    Typical home
    $257,945
    Gross yield
  • VA

    Typical home
    $274,276
    Gross yield
  • Charles City CDP, VA

    Typical home
    $274,421
    Gross yield
  • Richmond, VA

    Typical home
    $284,127
    Gross yield
    7.2%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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