ZIP 23063 Housing Market Report
Richmond Metro
Report period: May 2026
23063 Monthly Market Update – May 2026
ZIP 23063 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$479,950
0.0%
Median DOM (Sales)
29
0.0%
New Listings (Sales)
3
−70.0%
Median Rent
$1,800
0.0%
Median DOM (Rental)
13
0.0%
Total Rental Listings
4
0.0%
Month-over-Month Movement
Median sale prices were flat. Rents were stable.
What's Moving Fastest
- Fastest selling: Single Family (19 DOM)
- Fastest renting: Single Family (13 DOM)
- Strongest bedroom: 5 Beds ($695,000 median)
Sales Market Overview
Median Price
$479,950
0.0%
Median DOM
29
0.0%
New Listings
3
−70.0%
Inventory
33
+6.5%
- Average Price: $515,468
- Median Price: $479,950
- Price Range: $59,950 – $1,250,000
- Price per Sq Ft (Avg/Median): $244 / $241
- Square Footage (Avg/Median): 2,612 / 2,450
- Square Footage Range: 1,268 – 4,287
- Days on Market (Avg/Median): 84 / 29
- Days on Market Range: 2 – 355
- New Listings: 3
- Total Listings: 33
Sales by Property Type
Land
Avg/Median Price$273,883 / $150,000Range$59,950 – $1,250,000Price per Sq Ft—Sq Ft—DOM187 / 126New0Total9
Single Family
Avg/Median Price$606,062 / $595,000Range$375,000 – $985,000Price per Sq Ft$244 / $241Sq Ft2,612 / 2,450DOM46 / 19New3Total24
Sales by Bedroom Count
3 Beds
Avg:$442,045Median:$445,000Range:$375,000 – $524,900PSF:$270 / $268Sq Ft:1,659 / 1,600DOM:23 / 18New:1Total:10
4 Beds
Avg:$711,115Median:$670,000Range:$569,950 – $985,000PSF:$239 / $217Sq Ft:3,043 / 2,893DOM:40 / 7New:2Total:10
5 Beds
Avg:$753,475Median:$695,000Range:$689,900 – $849,000PSF:$193 / $198Sq Ft:3,915 / 3,855DOM:115 / 20New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 3 Beds | $442,045 | $445,000 | $375,000 – $524,900 | $270 / $268 | 1,659 / 1,600 | 23 / 18 | 1 | 10 |
| 4 Beds | $711,115 | $670,000 | $569,950 – $985,000 | $239 / $217 | 3,043 / 2,893 | 40 / 7 | 2 | 10 |
| 5 Beds | $753,475 | $695,000 | $689,900 – $849,000 | $193 / $198 | 3,915 / 3,855 | 115 / 20 | 0 | 4 |
Rental Market Overview
Median Rent
$1,800
0.0%
Median DOM
13
0.0%
New Listings
0
Inventory
4
0.0%
- Average Rent: $2,275
- Median Rent: $1,800
- Rent Range: $1,700 – $2,900
- Rent per Sq Ft (Avg/Median): $2 / $1
- Square Footage (Avg/Median): 1,515 / 1,352
- Square Footage Range: 864 – 1,968
- Days on Market (Avg/Median): 78 / 13
- Days on Market Range: 9 – 222
- New Listings: 0
- Total Listings: 4
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$1,800
Median DOM: 13
Inventory: 4
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
Avg/Median Rent$2,275 / $1,800Range$1,700 – $2,900Rent per Sq Ft$2 / $1Sq Ft1,515 / 1,352DOM78 / 13New0Total4
Rentals by Bedroom Count
2 Beds
Avg:$1,700Median:$1,700Range:$1,700 – $1,700PSF:$2 / $2Sq Ft:864 / 864DOM:13 / 13New:0Total:1
3 Beds
Avg:$2,467Median:$2,700Range:$1,800 – $2,900PSF:$2 / $1Sq Ft:1,732 / 1,876DOM:100 / 69New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,700 | $1,700 | $1,700 – $1,700 | $2 / $2 | 864 / 864 | 13 / 13 | 0 | 1 |
| 3 Beds | $2,467 | $2,700 | $1,800 – $2,900 | $2 / $1 | 1,732 / 1,876 | 100 / 69 | 0 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$275,000Median DOM:65New:2Total:32
Jan 2026
Median Price:$359,950Median DOM:65New:4Total:23
Feb 2026
Median Price:$359,900Median DOM:78New:5Total:24
Mar 2026
Median Price:$445,000Median DOM:28New:6Total:27
Apr 2026
Median Price:$479,950Median DOM:29New:10Total:31
May 2026
Median Price:$479,950Median DOM:29New:3Total:33
6-Month Rental Trend
Dec 2025
Median Rent:$2,250Median DOM:25New:1Total:4
Jan 2026
Median Rent:$2,700Median DOM:14New:1Total:4
Feb 2026
Median Rent:$2,700Median DOM:188New:0Total:3
Mar 2026
Median Rent:$2,450Median DOM:23New:2Total:4
Apr 2026
Median Rent:$1,800Median DOM:13New:1Total:4
May 2026
Median Rent:$1,800Median DOM:13New:0Total:4
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, while total rental inventory was flat.
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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