ZIP 23030 Housing Market Report

Richmond Metro

Report period: May 2026

23030 Monthly Market Update – May 2026

ZIP 23030 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$299,000
+8.7%
Median DOM (Sales)
62
+26.5%
New Listings (Sales)
0
−100.0%
Median Rent
$1,495
+8.7%
Median DOM (Rental)
35
+3400.0%
Total Rental Listings
3
−25.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Manufactured (19 DOM)
  • Fastest renting: Single Family (35 DOM)
  • Strongest bedroom: 5 Beds ($775,000 median)

Sales Market Overview

Median Price
$299,000
+8.7%
Median DOM
62
+26.5%
New Listings
0
−100.0%
Inventory
25
−7.4%
  • Average Price: $387,606
  • Median Price: $299,000
  • Price Range: $24,000 – $1,500,000
  • Price per Sq Ft (Avg/Median): $224 / $193
  • Square Footage (Avg/Median): 1,908 / 1,770
  • Square Footage Range: 837 – 4,181
  • Days on Market (Avg/Median): 77 / 62
  • Days on Market Range: 2 – 356
  • New Listings: 0
  • Total Listings: 25

Sales by Property Type

Land
Avg/Median Price$201,333 / $60,000Range$24,000 – $590,000Price per Sq FtSq FtDOM118 / 86New0Total6
Manufactured
Avg/Median Price$384,725 / $319,950Range$319,950 – $449,500Price per Sq Ft$217 / $152Sq Ft1,850 / 1,600DOM121 / 19New0Total2
Single Family
Avg/Median Price$453,688 / $309,000Range$145,000 – $1,500,000Price per Sq Ft$225 / $193Sq Ft1,914 / 1,770DOM57 / 37New0Total17

Sales by Bedroom Count

2 Beds
Avg:$284,983Median:$255,000Range:$149,950 – $449,999PSF:$203 / $206Sq Ft:1,365 / 1,238DOM:32 / 8New:0Total:3
3 Beds
Avg:$399,300Median:$309,000Range:$145,000 – $1,195,000PSF:$230 / $231Sq Ft:1,711 / 1,643DOM:80 / 60New:0Total:11
4 Beds
Avg:$614,975Median:$360,000Range:$210,000 – $1,500,000PSF:$234 / $175Sq Ft:2,286 / 1,870DOM:53 / 26New:0Total:4
5 Beds
Avg:$775,000Median:$775,000Range:$775,000 – $775,000PSF:$185 / $185Sq Ft:4,181 / 4,181DOM:25 / 25New:0Total:1

Rental Market Overview

Median Rent
$1,495
+8.7%
Median DOM
35
+3400.0%
New Listings
0
Inventory
3
−25.0%
  • Average Rent: $1,557
  • Median Rent: $1,495
  • Rent Range: $1,375 – $1,800
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,025 / 1,000
  • Square Footage Range: 624 – 1,451
  • Days on Market (Avg/Median): 26 / 35
  • Days on Market Range: 1 – 43
  • New Listings: 0
  • Total Listings: 3

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: +8.7%
Condo
Median DOM:
Inventory:
MoM: +8.7%
Single Family
$1,495
Median DOM: 35
Inventory: 3
MoM: +8.7%
Townhouse
Median DOM:
Inventory:
MoM: +8.7%
Single Family
Avg/Median Rent$1,557 / $1,495Range$1,375 – $1,800Rent per Sq Ft$2 / $2Sq Ft1,025 / 1,000DOM26 / 35New0Total3

Rentals by Bedroom Count

2 Beds
Avg:$1,557Median:$1,495Range:$1,375 – $1,800PSF:$2 / $2Sq Ft:1,025 / 1,000DOM:26 / 35New:0Total:3

6-Month Sales Trend

Dec 2025
Median Price:$169,900Median DOM:30New:7Total:18
Jan 2026
Median Price:$259,950Median DOM:30New:4Total:18
Feb 2026
Median Price:$259,950Median DOM:21New:9Total:18
Mar 2026
Median Price:$259,950Median DOM:25New:10Total:28
Apr 2026
Median Price:$274,950Median DOM:49New:6Total:27
May 2026
Median Price:$299,000Median DOM:62New:0Total:25

6-Month Rental Trend

Feb 2026
Median Rent:$1,375Median DOM:1New:1Total:1
Mar 2026
Median Rent:$1,375Median DOM:1New:3Total:3
Apr 2026
Median Rent:$1,375Median DOM:1New:1Total:4
May 2026
Median Rent:$1,495Median DOM:35New:0Total:3

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory tightened.

Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.

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