What the Pros Know
Market Snapshot
Zip Code 23116 | Hanover County, VA
33,550
Population
YoY
202240.8
Median Age
YoY
2022$131,665
Median Household Income
YoY
2022$540,000
Median Sale Price
0.1% MoM
1.8% YoY
6/2025130
Homes Sold
6.6% MoM
28.7% YoY
6/20250.4
Months Inventory
7.8% MoM
3.2% YoY
6/202517
Days on Market
4 MoM
1 YoY
6/202556
Listings
1.8% MoM
3.4% YoY
6/2025210
Price per Sq Ft
2.7% MoM
0.7% YoY
6/2025
See 23116 on Zillow
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.