ZIP 23069 Housing Market Report

Richmond Metro

Report period: July 2026

23069 Monthly Market Update – July 2026

ZIP 23069 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$505,000
+2.0%
Median DOM (Sales)
23
+15.0%
New Listings (Sales)
0
−100.0%
Median Rent
$2,100
0.0%
Median DOM (Rental)
27
0.0%
Total Rental Listings
2
0.0%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (22 DOM)
  • Fastest renting: Single Family (27 DOM)
  • Strongest bedroom: 6 Beds ($895,000 median)

Sales Market Overview

Median Price
$505,000
+2.0%
Median DOM
23
+15.0%
New Listings
0
−100.0%
Inventory
13
−13.3%
  • Average Price: $588,254
  • Median Price: $505,000
  • Price Range: $105,000 – $1,270,000
  • Price per Sq Ft (Avg/Median): $314 / $299
  • Square Footage (Avg/Median): 2,101 / 1,748
  • Square Footage Range: 960 – 4,739
  • Days on Market (Avg/Median): 51 / 23
  • Days on Market Range: 3 – 251
  • New Listings: 0
  • Total Listings: 13

Sales by Property Type

Land
Avg/Median Price$105,000 / $105,000Range$105,000 – $105,000Price per Sq FtSq FtDOM37 / 37New0Total1
Single Family
Avg/Median Price$628,525 / $505,000Range$285,000 – $1,270,000Price per Sq Ft$314 / $299Sq Ft2,101 / 1,748DOM53 / 22New0Total12

Sales by Bedroom Count

3 Beds
Avg:$527,231Median:$399,000Range:$285,000 – $1,270,000PSF:$340 / $308Sq Ft:1,494 / 1,300DOM:64 / 23New:0Total:8
4 Beds
Avg:$809,816Median:$799,500Range:$629,950 – $999,999PSF:$284 / $299Sq Ft:2,839 / 2,793DOM:39 / 22New:0Total:3
6 Beds
Avg:$895,000Median:$895,000Range:$895,000 – $895,000PSF:$189 / $189Sq Ft:4,739 / 4,739DOM:4 / 4New:0Total:1

Rental Market Overview

Median Rent
$2,100
0.0%
Median DOM
27
0.0%
New Listings
0
Inventory
2
0.0%
  • Average Rent: $2,250
  • Median Rent: $2,100
  • Rent Range: $2,100 – $2,400
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,978 / 1,923
  • Square Footage Range: 1,923 – 2,033
  • Days on Market (Avg/Median): 37 / 27
  • Days on Market Range: 27 – 46
  • New Listings: 0
  • Total Listings: 2

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%
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:$2,250Median:$2,100Range:$2,100 – $2,400PSF:$1 / $1Sq Ft:1,978 / 1,923DOM:37 / 27New:0Total:2

6-Month Sales Trend

Feb 2026
Median Price:$415,000Median DOM:51New:1Total:13
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:$505,000Median DOM:23New:0Total: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

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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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