HousingHandbookReference data

U.S. ZIP Code · VA23875

Prince George County · Richmond, VA

Typical home value

$348,479[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.4%
5-year / yr
+6.5%
10-year / yr
+6.5%

Relative price

vs U.S.
+22.7%
vs metro
-6.3%
vs state
+6.1%
ZIP 23875 location in VA
Location of ZIP 23875 in VA

Price history

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

The typical home in 23875 is worth $348,479 — 6.3% below the Richmond, VA median. Over the past year, values have risen 2.4%. Homes here rent for a typical $1,504 a month — a 5.2% 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
$1,504[2]
Gross yield
5.2%[2]
Cap rate
3.1%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$2,320[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
13,029[3]
Median household income
$74,543[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
3
Middle
0
High
1
  • Prince George High

    High · Grades 9–12 · Prince George County Public Schools

    1,817 students

  • Middle Road Elementary

    Elementary · Grades PK–5 · Prince George County Public Schools

    741 students

  • North Elementary

    Elementary · Grades PK–5 · Prince George County Public Schools

    720 students

  • L.L. Beazley Elementary

    Elementary · Grades PK–5 · Prince George County Public Schools

    496 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 yield5.2%
Net yield (after ~40% expenses)3.1%
Annual rent$18,046

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$1,762
Loan principal$278,784
Down payment$69,696
Total interest paid$355,573

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 ratio1.49
Monthly cost to own$2,247
Monthly rent$1,504

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
72nd percentile[1]
Rental yield
41st percentile[2]
Property tax
56th percentile[3]

Frequently asked

How much is a home worth in ZIP code 23875?
The typical home in 23875 is worth $348,479, based on the Zillow Home Value Index.
Are home values rising in 23875?
Home values in 23875 are up 2.4% over the past year, and up 6.5% a year over five years.
What is the typical rent in 23875?
A typical home in 23875 rents for about $1,504 a month, a gross rental yield of 5.2%.
What is the property tax rate in 23875?
The effective property tax rate in 23875 is 0.7% — roughly $2,320 a year on a typical home.
Who lives in 23875?
ZIP code 23875 has a population of 13,029 and a median household income of $74,543.

#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
    $347,231
    Gross yield
  • VA

    Typical home
    $346,963
    Gross yield
  • King William CDP, VA

    Typical home
    $353,893
    Gross yield
  • VA

    Typical home
    $339,414
    Gross yield
  • West Point, VA

    Typical home
    $338,168
    Gross yield
  • Amelia Court House CDP, VA

    Typical home
    $338,093
    Gross yield

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

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