ZIP Code 23116 Housing Market
ZIP code 23116 is located in Hanover County, Virginia. Based on the FHFA House Price Index, the most recent annual HPI value is 245.6 (2000 = 100) , with a year-over-year change of +0.21% as of 2025.
📈 23116 HPI Trend
FHFA House Price Index for Five-Digit ZIP Codes (2000 = 100)
About This ZIP Code
ZIP code 23116 is one of the most active real estate sub-markets in Hanover County, Virginia. The FHFA House Price Index tracks cumulative price appreciation since 2000, providing a consistent measure of long-term value change in this specific ZIP area.
For full county-level context, see the Hanover County Housing Market page, which includes ACS median home values, rent, owner-occupancy, employment, migration, and other economic indicators.
Other Active ZIPs in Hanover County
| ZIP Code | HPI | YoY | Latest Year |
|---|---|---|---|
| 23111 | 260.9 | +6.71% | 2025 |
| 23005 | 255.1 | -0.55% | 2025 |
| 23024 | 311.1 | +4.45% | 2025 |
| 23192 | 237.9 | +5.14% | 2025 |
Data Source: FHFA House Price Index for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100). Data as of 2025. This product uses FHFA Data but is neither endorsed nor certified by FHFA.