Goochland, VA—23063
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Goochland, VA
Home Price Trends — Goochland, VA
As of Oct '25, the median home price in Goochland, VA is $406,000, with a year-over-year change of 2.0%. This indicates that home prices in Goochland, VA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $406,000 | 2.0% |
| Single Family | $406,000 | 2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $380,000 | 1.6% |
4 Bed | $579,000 | 1.9% |
| 5 Bed | $715,000 | 3.2% |
% of Housing Stock
Rental Trends — Goochland, VA
As of July '25, Rentcast reports the average rent in Goochland, VA is $2,850, with a year-over-year rent change of 39.0%. Per bedroom, the median rent as of July '25 in Goochland, VA is 3-bedrooms: $3,150, 4-bedrooms: $2,250. The most common rental property sizes in Goochland, VA are 3-bedroom and 2-bedroom, accounting for 38.3% and 18.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $2,850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,000 | $3,150 |
| 4 Bed Rent | $2,250 | $2,250 |
% of Rental Stock
Property Listings — Goochland, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Goochland, VA is 34. This is a decrease of -25.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $585,000 | -8.0% |
Listing Count | 28 | -22.0% |
| Listings as % of Homes | 1.7% | -22.0% |
Days on Market | 34 | -25.0% |
Demographics — Goochland, VA
As of the latest ACS Survey released in 2023, Goochland, VA has a population of 5,730, which has increased by 24.0% over the past 5 years. Goochland, VA is a moderately popular place for families, as children make up 23.1% of the population. The area has a moderately educated workforce, with 32.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,730 | 24.0% |
% Under 18 | 23.1% | 42.6% |
% Seniors | 17.3% | 0.6% |
% WFH | 15.1% | 91.1% |
% w/ College Degree | 32.4% | 80.0% |
As of the latest ACS Survey released in 2023, Goochland, VA is a predominantly white area, with 66.9% of the population identifying as white. The white population has grown by 6.5% in the last 5 years. The second most common race or ethnicity in Goochland, VA is black, making up 21.3% of the population. Foreign-born residents account for 3.2% of the population in Goochland, VA, and this percentage has increased by 255.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.9% | 6.5% |
% Black | 21.3% | -34.5% |
% Hispanic | 7.3% | 151.7% |
% Asian | 0.4% | ∞% |
% Foreign Born | 3.2% | 255.6% |
Mortgage and Risk — Goochland, VA
According to HUD data as of 2023, there were 255 mortgage originations in Goochland, VA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Goochland, VA. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 255 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Goochland, VA
Goochland, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,270 |
| 2 Bedroom | N/A | N/A | $1,410 |
| 3 Bedroom | -$1,210 | $3,000 | $1,790 |
| 4 Bedroom | -$40 | $2,250 | $2,210 |
Affordability — Goochland, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $406,000 |
| Median Household Income | $100,000 |