ZIP 23069 Housing Market Report
Richmond Metro
Report period: August 2026
23069 Monthly Market Update – August 2026
ZIP 23069 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$439,000
+10.0%
Median DOM (Sales)
31
+40.9%
New Listings (Sales)
1
−50.0%
Median Rent
$2,100
0.0%
Median DOM (Rental)
27
0.0%
Total Rental Listings
3
+50.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (22 DOM)
- Fastest renting: Multi-Family (7 DOM)
- Strongest bedroom: 4 Beds ($629,950 median)
Sales Market Overview
Median Price
$439,000
+10.0%
Median DOM
31
+40.9%
New Listings
1
−50.0%
Inventory
13
+8.3%
- Average Price: $500,869
- Median Price: $439,000
- Price Range: $105,000 – $1,270,000
- Price per Sq Ft (Avg/Median): $310 / $297
- Square Footage (Avg/Median): 1,716 / 1,560
- Square Footage Range: 960 – 2,793
- Days on Market (Avg/Median): 60 / 31
- Days on Market Range: 3 – 281
- New Listings: 1
- Total Listings: 13
Sales by Property Type
Land
Avg/Median Price$105,000 / $105,000Range$105,000 – $105,000Price per Sq Ft—Sq Ft—DOM67 / 67New0Total1
Manufactured
Avg/Median Price$325,000 / $325,000Range$325,000 – $325,000Price per Sq Ft$208 / $208Sq Ft1,560 / 1,560DOM22 / 22New0Total1
Single Family
Avg/Median Price$552,845 / $489,900Range$285,000 – $1,270,000Price per Sq Ft$320 / $299Sq Ft1,730 / 1,612DOM63 / 31New1Total11
Sales by Bedroom Count
3 Beds
Avg:$516,872Median:$439,000Range:$285,000 – $1,270,000PSF:$332 / $308Sq Ft:1,507 / 1,344DOM:65 / 31New:1Total:9
4 Beds
Avg:$584,817Median:$629,950Range:$325,000 – $799,500PSF:$244 / $226Sq Ft:2,342 / 2,673DOM:45 / 22New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 3 Beds | $516,872 | $439,000 | $285,000 – $1,270,000 | $332 / $308 | 1,507 / 1,344 | 65 / 31 | 1 | 9 |
| 4 Beds | $584,817 | $629,950 | $325,000 – $799,500 | $244 / $226 | 2,342 / 2,673 | 45 / 22 | 0 | 3 |
Rental Market Overview
Median Rent
$2,100
0.0%
Median DOM
27
0.0%
New Listings
1
Inventory
3
+50.0%
- Average Rent: $1,933
- Median Rent: $2,100
- Rent Range: $1,300 – $2,400
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,613 / 1,923
- Square Footage Range: 883 – 2,033
- Days on Market (Avg/Median): 27 / 27
- Days on Market Range: 7 – 46
- New Listings: 1
- Total Listings: 3
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$2,100
Median DOM: 27
Inventory: 2
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Multi-Family
Avg/Median Rent$1,300 / $1,300Range$1,300 – $1,300Rent per Sq Ft$1 / $1Sq Ft883 / 883DOM7 / 7New1Total1
Single Family
Avg/Median Rent$2,250 / $2,100Range$2,100 – $2,400Rent per Sq Ft$1 / $1Sq Ft1,978 / 1,923DOM37 / 27New0Total2
Rentals by Bedroom Count
3 Beds
Avg:$1,933Median:$2,100Range:$1,300 – $2,400PSF:$1 / $1Sq Ft:1,613 / 1,923DOM:27 / 27New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 3 Beds | $1,933 | $2,100 | $1,300 – $2,400 | $1 / $1 | 1,613 / 1,923 | 27 / 27 | 1 | 3 |
6-Month Sales Trend
Mar 2026
Median Price:$439,900Median DOM:25New:7Total:17
Apr 2026
Median Price:$425,000Median DOM:30New:5Total:19
May 2026
Median Price:$399,000Median DOM:45New:4Total:18
Jun 2026
Median Price:$494,900Median DOM:20New:6Total:15
Jul 2026
Median Price:$399,000Median DOM:22New:2Total:12
Aug 2026
Median Price:$439,000Median DOM:31New:1Total:13
6-Month Rental Trend
May 2026
Median Rent:$2,400Median DOM:24New:1Total:1
Jun 2026
Median Rent:$2,100Median DOM:27New:1Total:2
Jul 2026
Median Rent:$2,100Median DOM:27New:0Total:2
Aug 2026
Median Rent:$2,100Median DOM:27New:1Total:3
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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.
230052303023047230592306023063230692307523083231032311123112231132311423116231202312423139231402314623150232192322023221232222322323224232252322623227+11 more
← Back to Richmond Metro