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Northrop Home Prices vs. Nearby Richmond, VA Neighborhoods

Northrop Cofer Broad Rock Swanson
Median Home Price
$219,950
$244,999
$240,000
$285,000
Median Sale Price
$195,000
-34% YoY
$225,000
+19% YoY
$240,000
-2% YoY
$284,000
+2% YoY
Median Single Family Price
$195,000
$225,000
$236,000
$284,000
Total Active Listings
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0
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0
Market Conditions
0 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market

Frequently Asked Questions

Is Northrop a good place to live?
Northrop is a good place to live, receiving 3.6 stars from its residents. Northrop is considered car-dependent and bikeable with some transit options. Northrop is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Northrop has 7 parks for recreational activities. It is fairly dense in population with 11.0 people per acre and a median age of 40. The average household income is $61,104 which is below the national average. College graduates make up 25.9% of residents. A majority of residents in Northrop are renters, with 84% of residents renting and 16% of residents owning their home. A local real estate agent serving Northrop can help you decide if this neighborhood is the right one for you. Learn more on our Northrop neighborhood guide.
Is Northrop, VA a safe neighborhood?
Northrop, VA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Northrop?
The median home price in Northrop is $219,950. If you put a 20% down payment of $44,000 and had a 30-year fixed mortgage with an interest rate of 6.49%, your estimated principal and interest payment would be $1,110 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $48K a year to afford the median home price in Northrop. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Northrop is $61K.
What are the best public schools in Northrop?
The best public schools that serve Northrop are:
What are the best private schools in Northrop?
The best private schools that serve Northrop are:
What are the most popular zip codes in Northrop, Richmond, VA?
The most popular zip codes in Northrop, Richmond, VA include 23225, 23224, 23220, 23221 and 23234.
What are the most popular neighborhoods near Northrop, Richmond, VA?
The most popular neighborhoods near Northrop, Richmond, VA are Forest Hill, Westover, Reedy Creek, Swansboro West and McGuire.
Are home prices dropping in Northrop?
Yes, home prices in Northrop are down 26% in the last 12 months.
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