The typical home in Short Pump's 23233 ZIP code was worth $535,638 in September 2026, up 2.6% in a year, Zillow says. Henrico's was $397,454.
Last checked Oct. 19, 2026. Figures come from Zillow Research’s public data files (September 2026, the latest month published), the Federal Housing Finance Agency’s House Price Index (second quarter of 2026) and the Census Bureau. This page is refreshed monthly.
Short Pump is not a city, so Zillow does not publish a figure for it by name. The closest match is ZIP code 23233, the ZIP that covers most of Short Pump. The typical home there was worth $535,638 in September 2026, according to the Zillow Home Value Index, up 2.6% from $522,290 a year earlier and the highest the index has been.
What this means for you
- Buyers: prices are still rising, but at 2% to 3% a year, not the double-digit jumps of 2021.
- Sellers: the market is steady, not hot. Price to recent sales of similar homes nearby.
- Owners: your tax value comes from Henrico County’s Real Estate Assessment Division, not Zillow. Questions or appeals: 804-501-4300. See our property tax guide.
Three years of Short Pump home values
The longer view is steeper. In September 2020 Zillow put the typical 23233 home at $372,522, so values are up about 44% in six years. The biggest single jump came between September 2020 and September 2021, about 13%. Since 2024 the climb has slowed to a few percent a year.
The numbers
| Measure | Latest | A year earlier | Change |
|---|---|---|---|
| Typical home value, ZIP 23233 (Zillow index) | $535,638 (Sept. 2026) | $522,290 | +2.6% |
| Typical home value, ZIP 23059, Glen Allen (Zillow index) | $625,974 (Sept. 2026) | $615,138 | +1.8% |
| Typical home value, ZIP 23238 (Zillow index) | $497,754 (Sept. 2026) | $481,014 | +3.5% |
| Typical home value, Henrico County (Zillow index) | $397,454 (Sept. 2026) | $390,515 | +1.8% |
| Typical home value, Goochland County (Zillow index) | $583,172 (Sept. 2026) | $562,605 | +3.7% |
| Typical home value, city of Richmond (Zillow index) | $361,844 (Sept. 2026) | $351,842 | +2.8% |
| FHFA House Price Index, Richmond metro area | 399.26 (2nd quarter 2026) | 386.23 | +3.4% |
| Median value of owner-occupied homes, Short Pump (Census) | $568,900 (2020-2024 survey) |
ZIP code 23059 takes in Glen Allen addresses north and west of Short Pump and reaches into Hanover County; 23238 lies to the south and east, toward Tuckahoe. Goochland County begins just west of Short Pump.
How to read these figures
- The Zillow index is a modeled value for a typical home in the middle third of the market, smoothed and seasonally adjusted. It is not a sale price, and Zillow revises past months.
- The FHFA index tracks repeat sales of the same houses across the whole Richmond metro area. It shows the direction of prices, not a dollar figure.
- The Census figure is what owners told the American Community Survey their homes were worth, averaged over 2020 to 2024, for the Short Pump census-designated place.
Sources: Zillow’s ZIP code home value file, county file and city file; FHFA’s quarterly metro index; the Census Bureau’s American Community Survey.
Recent sales
For individual sales, see our weekly Short Pump real estate transfers. Henrico County also publishes its real estate database with assessments and sale prices for every parcel.
For home values area by area, see our Short Pump neighborhoods guide.
Related guides: Henrico County property taxes, Short Pump schools and moving to Short Pump.
Frequently asked questions
What is the average home price in Short Pump, Virginia?
The typical home in ZIP code 23233, which covers Short Pump, was worth $535,638 in September 2026, according to the Zillow Home Value Index. The Census Bureau’s median home value for Short Pump was $568,900 in its 2020-2024 survey.
Are home prices going up in Short Pump?
Yes, slowly. Zillow’s index for 23233 rose 2.6% from September 2025 to September 2026, after a 2.2% gain the year before. It is at a record high.
Is Short Pump more expensive than the rest of Henrico County?
Yes. Zillow put the typical 23233 home at $535,638 in September 2026, about 35% above the Henrico County figure of $397,454.
How much have Short Pump home values risen since 2020?
Zillow’s index for ZIP code 23233 was $372,522 in September 2020 and $535,638 in September 2026, a rise of about 44%.
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