Wholesaling Real Estate in Chesterfield County, Virginia
Chesterfield County wholesaling lets you earn on Richmond-area houses without buying, rehabbing or carrying them. You track down a house in trouble, put it under contract with an owner who needs out, and sell that contract to a cash investor for a fee.
Virginia lenders foreclose through a trustee, not a lawsuit, so a Chesterfield County contract signed before the trustee sale still gives you time to line up a buyer.
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Chesterfield County, Virginia housing market at a glance
Market data: Realtor.com Chesterfield County housing market, October 2026. Zillow Home Value Index for Chesterfield County: $412,221 (up 2.6% from a year earlier), August 2026. View homes on Zillow.
What draws wholesalers to Chesterfield County?
A Chesterfield deal ties up a house with a signed contract and a modest earnest money deposit, never a mortgage. The end buyer pays for repairs, so you avoid contractor scheduling, and many assignments are done in a few weeks.
Chesterfield investors who follow estate filings, divorce cases and trustee sale notices, then call owners before anyone else, tend to land the best deals that never reach the MLS.
How a Chesterfield County wholesale deal works
This is the path a Chesterfield contract takes from the first conversation to your fee:
- Find a distressed property
Build lists of Chesterfield owners under pressure, such as heirs, tired landlords, and borrowers whose lender has recorded a substitute trustee. - Run the numbers
Work out the after-repair value (ARV) from recent sales in the same subdivision, since your offer depends on it. - Sign a purchase contract
Reach a price with the owner that funds your fee and leaves your buyer a profit. - Find a cash buyer
Show the contract to a flipper, landlord or other cash buyer on your Chesterfield list. - Assign the contract
Transfer your purchase rights to that buyer through an assignment, in return for your fee. - Collect your fee
Your fee is paid from the closing funds once the buyer completes the purchase.
Motivated sellers who want to liquidate fast
ForeclosuresDaily.com’s off-market real estate platform covers every major distress signal in Chesterfield County, cross-referenced with tax rolls and property appraiser records.
Pricing an offer in Chesterfield County
In Chesterfield County, every offer starts from ARV, the value a house should carry after repairs.
Investors buying for cash often hold to the 70% Rule: no more than 70% of ARV, less repairs. Since your fee comes out of that cap, your contract price with the owner must be lower again.
Wholesale offer example
| Step | Amount |
|---|---|
| ARV | $459,990 |
| 70% of ARV − repairs ($37,000) | $284,993 |
| Your assignment fee | − $14,000 |
| Your contract price |
Chesterfield County ZIP codes to put on your list
These Chesterfield County ZIP codes make a sound starting list, and you can add more once your buyers say where they want to own. Open a card for that ZIP's pricing and offer numbers.
ZIP 23112 · Midlothian · $479,990 · Wholesale
Market snapshot: Midlothian (23112)
| Metric | Value |
|---|---|
| Median listing price | $479,990 ▲ 3.1% |
| Price per sq ft | $218 |
| Days on market | 37 days ▼ 15.9% |
| Median rent | $2,472 ▼ 1.1% |
| Active listings | 385 ▲ 29.1% |
| Gross rent yield | 6.2% |
Midlothian's ZIP 23112 posted a Zillow Home Value Index of $436,900 for August 2026, up 2.4% over the year.
Midlothian is an unincorporated area and census-designated place in Chesterfield County, Virginia. Settled as a coal town, Midlothian village experienced suburbanization effects and is now part of the western suburbs of Richmond, south of the James River in the Greater Richmond Region.
The Village of Midlothian was named for the early 18th-century coal mining enterprises of the Wooldridge family. Population: 18,320. ZIP 23112 covers the southern part of Midlothian, about 3 miles from the center of the city.
Investor note: Midlothian is unincorporated, so liens, permits and code cases for 23112 sit with Chesterfield County. The village began as a coal town, and older houses near its core can suit flippers working under the $297,993 max offer.
Max offer when the ARV equals the median price: $479,990 × 70% − $38,000 repairs = $297,993 max offer
ZIP 23113 · Midlothian · $622,305 · Negotiate
Market snapshot: Midlothian (23113)
| Metric | Value |
|---|---|
| Median listing price | $622,305 ▼ 14.7% |
| Price per sq ft | $232 |
| Days on market | 30 days ▼ 11.4% |
| Median rent | $2,700 ▲ 2.4% |
| Active listings | 136 ▲ 7.3% |
| Gross rent yield | 5.2% |
Northern Midlothian's 23113 showed a Zillow Home Value Index of $722,413 as of August 2026, a 4.5% rise from a year earlier.
ZIP 23113 covers the northern part of Midlothian, about 3 miles from the center of the city.
Investor note: In 23113 the Zillow value of $722,413 tops the $622,305 median listing price, so owners here often expect retail. Focus probate and absentee-owner leads on dated houses and keep contracts under the $385,614 max offer.
Max offer when the ARV equals the median price: $622,305 × 70% − $50,000 repairs = $385,614 max offer
ZIP 23120 · Moseley · $649,000 · Flip
Market snapshot: Moseley (23120)
| Metric | Value |
|---|---|
| Median listing price | $649,000 ▲ 4.8% |
| Price per sq ft | $239 |
| Days on market | 45 days ▼ 16.3% |
| Median rent | $3,000 ▲ 5.4% |
| Active listings | 266 ▲ 21.9% |
| Gross rent yield | 5.5% |
Moseley's 23120 reached a Zillow Home Value Index of $611,570 in August 2026, 2.5% higher than the year before.
Moseley is an unincorporated area in Powhatan and Chesterfield counties in the U.S. state of Virginia. It is located to the west of the metropolitan Richmond area.
The community still has farms, some of which have established tourist activities such as pick-your-own-fruits and -vegetables and seasonal events. The privately owned Metro Richmond Zoo is located here and has operated year round on its 70-acre facility since 1995.
Max offer when the ARV equals the median price: $649,000 × 70% − $52,000 repairs = $402,300 max offer
ZIP 23234 · Ampthill · $359,990 · Buy & hold
Market snapshot: Ampthill (23234)
| Metric | Value |
|---|---|
| Median listing price | $359,990 ▲ 2.2% |
| Price per sq ft | $216 |
| Days on market | 45 days ▼ 26.2% |
| Median rent | $2,250 ▲ 23.3% |
| Active listings | 81 ▲ 17.4% |
| Gross rent yield | 7.5% |
Ampthill's 23234 carried a Zillow Home Value Index of $311,796 for August 2026, up 3.6% in twelve months.
Ampthill Plantation was located in the Virginia Colony in Chesterfield County on the south bank of the James River about four miles south of the head of navigation at modern-day Richmond, Virginia.
Built by Henry Cary, Jr. about 1730, it was just upstream of Falling Creek. It was later owned by Colonel Archibald Cary, who maintained a flour mill complex and iron forge at the nearby town of Warwick. Mary Randolph was born there in 1762.
Max offer when the ARV equals the median price: $359,990 × 70% − $29,000 repairs = $222,993 max offer
ZIP 23235 · Bon Air · $475,000 · Wholesale
Market snapshot: Bon Air (23235)
| Metric | Value |
|---|---|
| Median listing price | $475,000 ▼ 0.1% |
| Price per sq ft | $231 |
| Days on market | 35 days ▼ 9.2% |
| Median rent | $2,395 ▲ 6.6% |
| Active listings | 50 ▲ 24.6% |
| Gross rent yield | 6.1% |
Bon Air's 23235 recorded a Zillow Home Value Index of $418,025 as of August 2026, a 4.2% annual gain.
Bon Air is a census-designated place in Chesterfield County, Virginia. The community is considered a suburb of the independent city of Richmond in the Richmond-Petersburg region and is a part of the Southside neighborhoods. Population: 18,022 (2020 census).
Investor note: Bon Air is a census-designated place of 18,022 people, so ask Chesterfield County about any historic-district limits before a buyer changes an exterior. Keep 23235 contracts at or below the $294,500 max offer.
Max offer when the ARV equals the median price: $475,000 × 70% − $38,000 repairs = $294,500 max offer
ZIP 23236 · Richmond · $427,000 · Negotiate
Market snapshot: Richmond (23236)
| Metric | Value |
|---|---|
| Median listing price | $427,000 ▼ 5.8% |
| Price per sq ft | $218 |
| Days on market | 30 days ▼ 35% |
| Median rent | $2,497 ▲ 12.2% |
| Active listings | 18 ▲ 10.5% |
| Gross rent yield | 7.0% |
In 23236, the Zillow Home Value Index came in at $394,386 for August 2026, up 2.9% year over year.
Richmond, Virginia's capital, was incorporated in 1742 and became an independent city in 1871, separate from any county.
The city grew up at the fall line of the James River. Population: 226,610 (2020 census). ZIP 23236 covers an area roughly 7 miles southwest of Richmond's center.
Investor note: Mail in 23236 carries a Richmond address, so confirm whether each house sits in the city or in Chesterfield County before you pull code and lien records. The $427,000 median supports a $264,900 max offer.
Max offer when the ARV equals the median price: $427,000 × 70% − $34,000 repairs = $264,900 max offer
ZIP 23237 · Richmond · $365,000 · Flip & wholesale
Market snapshot: Richmond (23237)
| Metric | Value |
|---|---|
| Median listing price | $365,000 ▲ 0.8% |
| Price per sq ft | $212 |
| Days on market | 27 days ▼ 8.8% |
| Median rent | $1,299 ▼ 24.7% |
| Active listings | 15 ▲ 10% |
| Gross rent yield | 4.3% |
In 23237, the Zillow Home Value Index stood at $328,963 as of August 2026, a 3.4% increase over twelve months.
ZIP 23237 covers the southern part of Richmond, about 9 miles from the center of the city.
Investor note: 23237 sits about 9 miles from downtown Richmond, and its Zillow value of $328,963 runs below the $365,000 median. Price contracts from comps inside this ZIP and stay near the $226,500 max offer.
Max offer when the ARV equals the median price: $365,000 × 70% − $29,000 repairs = $226,500 max offer
ZIP 23831 · Chester · $399,475 · Wholesale
Market snapshot: Chester (23831)
| Metric | Value |
|---|---|
| Median listing price | $399,475 ▼ 0.1% |
| Price per sq ft | $194 |
| Days on market | 43 days ▲ 7.5% |
| Median rent | $2,325 ▼ 8.8% |
| Active listings | 171 ▲ 14.6% |
| Gross rent yield | 7.0% |
Chester's 23831 logged a Zillow Home Value Index of $383,431 in August 2026, 2.3% above a year earlier.
Chester is a census-designated place in Chesterfield County, Virginia. Population: 23,414.
Investor note: Chester has 23,414 residents, and 23831 resales draw buyers who plan to live in the home. With a $399,475 median, a quick assignment works when the contract stays under $247,633.
Max offer when the ARV equals the median price: $399,475 × 70% − $32,000 repairs = $247,633 max offer
ZIP 23832 · Chesterfield · $469,000 · Wholesale
Market snapshot: Chesterfield (23832)
| Metric | Value |
|---|---|
| Median listing price | $469,000 ▲ 9.1% |
| Price per sq ft | $211 |
| Days on market | 39 days ▼ 15.2% |
| Median rent | $2,700 ▲ 2.9% |
| Active listings | 261 ▲ 10.5% |
| Gross rent yield | 6.9% |
In 23832, the Zillow Home Value Index posted $411,770 for August 2026, up 2.1% from the prior year.
ZIP 23832 covers the area around Chesterfield Court House, the unincorporated community that serves as the county seat of Chesterfield County.
Max offer when the ARV equals the median price: $469,000 × 70% − $38,000 repairs = $290,300 max offer
ZIP 23838 · Chesterfield · $675,000 · Flip
Market snapshot: Chesterfield (23838)
| Metric | Value |
|---|---|
| Median listing price | $675,000 ▲ 1.5% |
| Price per sq ft | $209 |
| Days on market | 50 days ▼ 15.3% |
| Median rent | n/a |
| Active listings | 149 ▲ 35.4% |
| Gross rent yield | n/a |
ZIP 23838 showed a Zillow Home Value Index of $572,090 as of August 2026, a 3.6% rise over the year.
ZIP 23838 covers the southwestern part of Chesterfield, about 3 miles from the center of the city.
Max offer when the ARV equals the median price: $675,000 × 70% − $54,000 repairs = $418,500 max offer
To calculate gross rent yield, take 12 months of median rent and divide by the median listing price; the max offer in each card reserves 8% of the median price for repairs.
Building your Chesterfield County buyers list
Recruit buyers before you sign any Chesterfield County owner. The ones who matter pay cash and close quickly: flippers, landlords and small builders.
How does a contract assignment work in Virginia?
Wholesaling rules shift from state to state, and some require disclosures or a license for certain steps. A Virginia real estate attorney should look over your Chesterfield County contracts before your first deal.
ForeclosuresDaily off-market opportunities before your competition
Chesterfield County at a glance
Virginia foreclosures are usually nonjudicial.
The trustee auctions the home after at least 60 days’ notice for an owner-occupied property, and there is no right to buy the home back after the sale. For Chesterfield County wholesalers, the weeks before the sale are usually the best time to make an offer.
Sources: U.S. Census Bureau QuickFacts, Chesterfield County, Virginia (2020 to 2024 American Community Survey; population estimate for July 1, 2025) and state foreclosure law summary.
In fact, since 2004, ForeclosuresDaily.com has helped investors, wholesalers, flippers, and agents reach motivated sellers first.
Chesterfield County wholesaling FAQ
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Find Chesterfield County deals today
Off-market owner data for Midlothian, Moseley, Ampthill and the rest of Chesterfield County.