ZIP 23060 Housing Market Report
Richmond Metro
Report period: July 2026
23060 Monthly Market Update – July 2026
ZIP 23060 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$475,000
+1.1%
Median DOM (Sales)
13
+30.0%
New Listings (Sales)
27
−60.9%
Median Rent
$2,500
−3.7%
Median DOM (Rental)
10
+25.0%
Total Rental Listings
74
+4.2%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (6 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($750,000 median)
Sales Market Overview
Median Price
$475,000
+1.1%
Median DOM
13
+30.0%
New Listings
27
−60.9%
Inventory
168
−1.2%
- Average Price: $515,693
- Median Price: $475,000
- Price Range: $65,000 – $989,900
- Price per Sq Ft (Avg/Median): $234 / $235
- Square Footage (Avg/Median): 2,299 / 2,090
- Square Footage Range: 946 – 6,382
- Days on Market (Avg/Median): 30 / 13
- Days on Market Range: 2 – 339
- New Listings: 27
- Total Listings: 168
Sales by Property Type
Condo
Avg/Median Price$429,336 / $349,950Range$234,950 – $989,900Price per Sq Ft$234 / $238Sq Ft1,849 / 1,606DOM45 / 21New1Total20
Land
Avg/Median Price$215,000 / $190,000Range$65,000 – $399,999Price per Sq Ft—Sq Ft—DOM68 / 6New0Total6
Single Family
Avg/Median Price$571,314 / $550,000Range$249,900 – $925,000Price per Sq Ft$238 / $240Sq Ft2,480 / 2,396DOM29 / 13New16Total105
Townhouse
Avg/Median Price$453,287 / $422,190Range$260,000 – $849,950Price per Sq Ft$224 / $214Sq Ft2,029 / 2,061DOM20 / 8New10Total37
Sales by Bedroom Count
2 Beds
Avg:$321,083Median:$295,000Range:$234,950 – $549,000PSF:$250 / $242Sq Ft:1,301 / 1,220DOM:13 / 11New:2Total:15
3 Beds
Avg:$445,649Median:$414,490Range:$249,900 – $989,900PSF:$236 / $228Sq Ft:1,913 / 1,984DOM:32 / 10New:10Total:62
4 Beds
Avg:$577,549Median:$549,950Range:$359,950 – $910,000PSF:$236 / $242Sq Ft:2,471 / 2,374DOM:30 / 10New:11Total:59
5 Beds
Avg:$719,805Median:$725,000Range:$549,950 – $925,000PSF:$225 / $221Sq Ft:3,244 / 3,275DOM:30 / 16New:4Total:23
6 Beds
Avg:$756,317Median:$750,000Range:$719,950 – $799,000PSF:$170 / $187Sq Ft:4,677 / 3,860DOM:10 / 10New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $321,083 | $295,000 | $234,950 – $549,000 | $250 / $242 | 1,301 / 1,220 | 13 / 11 | 2 | 15 |
| 3 Beds | $445,649 | $414,490 | $249,900 – $989,900 | $236 / $228 | 1,913 / 1,984 | 32 / 10 | 10 | 62 |
| 4 Beds | $577,549 | $549,950 | $359,950 – $910,000 | $236 / $242 | 2,471 / 2,374 | 30 / 10 | 11 | 59 |
| 5 Beds | $719,805 | $725,000 | $549,950 – $925,000 | $225 / $221 | 3,244 / 3,275 | 30 / 16 | 4 | 23 |
| 6 Beds | $756,317 | $750,000 | $719,950 – $799,000 | $170 / $187 | 4,677 / 3,860 | 10 / 10 | 0 | 3 |
Rental Market Overview
Median Rent
$2,500
−3.7%
Median DOM
10
+25.0%
New Listings
17
Inventory
74
+4.2%
- Average Rent: $2,421
- Median Rent: $2,500
- Rent Range: $1,175 – $3,900
- Rent per Sq Ft (Avg/Median): $2 / $1
- Square Footage (Avg/Median): 1,671 / 1,590
- Square Footage Range: 270 – 3,471
- Days on Market (Avg/Median): 32 / 10
- Days on Market Range: 1 – 211
- New Listings: 17
- Total Listings: 74
Rentals by Property Type
Apartment
$1,510
Median DOM: 1
Inventory: 12
MoM: −3.7%
Condo
$2,695
Median DOM: 10
Inventory: 9
MoM: −3.7%
Single Family
$2,550
Median DOM: 4
Inventory: 26
MoM: −3.7%
Townhouse
$2,650
Median DOM: 14
Inventory: 27
MoM: −3.7%
Apartment
Avg/Median Rent$1,614 / $1,510Range$1,175 – $2,249Rent per Sq Ft$4 / $3Sq Ft479 / 446DOM55 / 1New4Total12
Condo
Avg/Median Rent$2,438 / $2,695Range$1,550 – $3,900Rent per Sq Ft$1 / $1Sq Ft1,777 / 1,573DOM31 / 10New4Total9
Single Family
Avg/Median Rent$2,591 / $2,550Range$1,650 – $3,800Rent per Sq Ft$2 / $1Sq Ft1,782 / 1,590DOM33 / 4New6Total26
Townhouse
Avg/Median Rent$2,612 / $2,650Range$1,800 – $3,450Rent per Sq Ft$1 / $1Sq Ft2,064 / 2,150DOM24 / 14New3Total27
Rentals by Bedroom Count
Studio
Avg:$1,700Median:$1,513Range:$1,175 – $2,249PSF:$5 / $4Sq Ft:361 / 300DOM:55 / 1New:4Total:7
1 Beds
Avg:$1,495Median:$1,383Range:$1,323 – $1,729PSF:$2 / $2Sq Ft:644 / 667DOM:—New:0Total:5
2 Beds
Avg:$1,821Median:$1,650Range:$1,550 – $2,450PSF:$2 / $2Sq Ft:1,119 / 971DOM:36 / 16New:3Total:7
3 Beds
Avg:$2,625Median:$2,600Range:$2,095 – $3,900PSF:$1 / $1Sq Ft:1,920 / 2,049DOM:25 / 12New:7Total:45
4 Beds
Avg:$2,711Median:$2,650Range:$2,300 – $3,450PSF:$1 / $1Sq Ft:2,153 / 2,150DOM:16 / 4New:2Total:7
5 Beds
Avg:$3,248Median:$2,695Range:$2,695 – $3,800PSF:$1 / $1Sq Ft:2,689 / 1,988DOM:130 / 71New:0Total:2
6 Beds
Avg:$3,495Median:$3,495Range:$3,495 – $3,495PSF:$1 / $1Sq Ft:3,471 / 3,471DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,700 | $1,513 | $1,175 – $2,249 | $5 / $4 | 361 / 300 | 55 / 1 | 4 | 7 |
| 1 Beds | $1,495 | $1,383 | $1,323 – $1,729 | $2 / $2 | 644 / 667 | — | 0 | 5 |
| 2 Beds | $1,821 | $1,650 | $1,550 – $2,450 | $2 / $2 | 1,119 / 971 | 36 / 16 | 3 | 7 |
| 3 Beds | $2,625 | $2,600 | $2,095 – $3,900 | $1 / $1 | 1,920 / 2,049 | 25 / 12 | 7 | 45 |
| 4 Beds | $2,711 | $2,650 | $2,300 – $3,450 | $1 / $1 | 2,153 / 2,150 | 16 / 4 | 2 | 7 |
| 5 Beds | $3,248 | $2,695 | $2,695 – $3,800 | $1 / $1 | 2,689 / 1,988 | 130 / 71 | 0 | 2 |
| 6 Beds | $3,495 | $3,495 | $3,495 – $3,495 | $1 / $1 | 3,471 / 3,471 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$430,640Median DOM:13New:47Total:130
Mar 2026
Median Price:$465,000Median DOM:7New:66Total:133
Apr 2026
Median Price:$441,000Median DOM:7New:64Total:154
May 2026
Median Price:$441,000Median DOM:8New:79Total:179
Jun 2026
Median Price:$469,950Median DOM:10New:69Total:170
Jul 2026
Median Price:$475,000Median DOM:13New:27Total:168
6-Month Rental Trend
Feb 2026
Median Rent:$2,400Median DOM:11New:35Total:87
Mar 2026
Median Rent:$2,475Median DOM:13New:18Total:77
Apr 2026
Median Rent:$2,550Median DOM:11New:25Total:71
May 2026
Median Rent:$2,550Median DOM:10New:22Total:68
Jun 2026
Median Rent:$2,595Median DOM:8New:30Total:71
Jul 2026
Median Rent:$2,500Median DOM:10New:17Total:74
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory increased.
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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