ZIP 23063 Housing Market Report

Richmond Metro

Report period: July 2026

23063 Monthly Market Update – July 2026

ZIP 23063 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$530,000
0.0%
Median DOM (Sales)
37
+37.0%
New Listings (Sales)
2
−75.0%
Median Rent
$3,100
+6.9%
Median DOM (Rental)
129
+8.4%
Total Rental Listings
1
0.0%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents moved higher.

What's Moving Fastest

  • Fastest selling: Manufactured (11 DOM)
  • Fastest renting: Single Family (129 DOM)
  • Strongest bedroom: 5 Beds ($695,000 median)

Sales Market Overview

Median Price
$530,000
0.0%
Median DOM
37
+37.0%
New Listings
2
−75.0%
Inventory
41
−2.4%
  • Average Price: $523,444
  • Median Price: $530,000
  • Price Range: $115,000 – $1,250,000
  • Price per Sq Ft (Avg/Median): $250 / $263
  • Square Footage (Avg/Median): 2,293 / 1,994
  • Square Footage Range: 1,000 – 4,287
  • Days on Market (Avg/Median): 68 / 37
  • Days on Market Range: 2 – 318
  • New Listings: 2
  • Total Listings: 41

Sales by Property Type

Land
Avg/Median Price$441,244 / $185,000Range$115,000 – $1,250,000Price per Sq FtSq FtDOM180 / 162New0Total8
Manufactured
Avg/Median Price$275,000 / $275,000Range$275,000 – $275,000Price per Sq Ft$160 / $160Sq Ft1,716 / 1,716DOM11 / 11New0Total1
Single Family
Avg/Median Price$551,758 / $549,950Range$275,000 – $849,000Price per Sq Ft$253 / $263Sq Ft2,311 / 1,994DOM48 / 27New2Total32

Sales by Bedroom Count

2 Beds
Avg:$275,000Median:$275,000Range:$275,000 – $275,000PSF:$275 / $275Sq Ft:1,000 / 1,000DOM:7 / 7New:0Total:1
3 Beds
Avg:$480,676Median:$445,000Range:$345,900 – $659,000PSF:$285 / $293Sq Ft:1,681 / 1,600DOM:31 / 25New:2Total:17
4 Beds
Avg:$588,259Median:$620,000Range:$275,000 – $775,000PSF:$215 / $210Sq Ft:2,767 / 2,622DOM:52 / 17New:0Total:11
5 Beds
Avg:$753,475Median:$695,000Range:$689,900 – $849,000PSF:$193 / $198Sq Ft:3,915 / 3,855DOM:109 / 38New:0Total:4

Rental Market Overview

Median Rent
$3,100
+6.9%
Median DOM
129
+8.4%
New Listings
0
Inventory
1
0.0%
  • Average Rent: $3,100
  • Median Rent: $3,100
  • Rent Range: $3,100 – $3,100
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,352 / 1,352
  • Square Footage Range: 1,352 – 1,352
  • Days on Market (Avg/Median): 129 / 129
  • Days on Market Range: 129 – 129
  • New Listings: 0
  • Total Listings: 1

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: +6.9%
Condo
Median DOM:
Inventory:
MoM: +6.9%
Single Family
$3,100
Median DOM: 129
Inventory: 1
MoM: +6.9%
Townhouse
Median DOM:
Inventory:
MoM: +6.9%
Single Family
Avg/Median Rent$3,100 / $3,100Range$3,100 – $3,100Rent per Sq Ft$2 / $2Sq Ft1,352 / 1,352DOM129 / 129New0Total1

Rentals by Bedroom Count

3 Beds
Avg:$3,100Median:$3,100Range:$3,100 – $3,100PSF:$2 / $2Sq Ft:1,352 / 1,352DOM:129 / 129New:0Total:1

6-Month Sales Trend

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:17New:16Total:40
Jun 2026
Median Price:$530,000Median DOM:27New:8Total:42
Jul 2026
Median Price:$530,000Median DOM:37New:2Total:41

6-Month Rental Trend

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:9New:0Total:2
Jun 2026
Median Rent:$2,900Median DOM:119New:0Total:1
Jul 2026
Median Rent:$3,100Median DOM:129New:0Total:1

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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