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Home values, rents and more in ZIP code 23888 (Wakefield, VA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$216,000
Metro: $392,000 · U.S.: $366,000
Home values, past year
+7.8%
Metro: +2.6% · U.S.: +1.2%
Population
2,528
ACS 2020–24
Median household income
$66,558
Metro: $86,679 · U.S.: $80,734
ZIP codes around 23888, shaded by typical home value23888238902386623837238982384223883238462387823839
  • Under $220k
  • $220k–$280k
  • $280k–$300k
  • $300k–$340k
  • $340k+
  • No data
ZIP codes around 23888, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 23888 is outlined.

How 23888 compares

The typical home in ZIP code 23888 (Wakefield, VA) is worth about $216,000, according to the Zillow Home Value Index for September 2026. Home values in 23888 are 45% below the typical value in the Richmond metro area ($392,000) and 41% below the U.S. typical value ($366,000).

Over the past year, home values in 23888 rose 7.8%, compared with +2.6% in the Richmond metro area and +1.2% nationally.

The median household income is $66,558, against $86,679 in the Richmond metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 2,528 people live in 23888 (American Community Survey 2020–24).

23888 has the 5th-lowest typical home value of the 84 ZIP codes in the Richmond metro area and the 183rd-lowest of 757 in Virginia with Zillow figures.

Part of: Wakefield, VA · Sussex County, VA · Richmond metro area · Virginia

More for 23888 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 23888 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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