ZIP 23069 Housing Market Report

Richmond Metro

Report period: May 2026

23069 Monthly Market Update – May 2026

ZIP 23069 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$428,500
+0.8%
Median DOM (Sales)
30
0.0%
New Listings (Sales)
3
−40.0%
Median Rent
$2,400
Median DOM (Rental)
4
Total Rental Listings
1

Month-over-Month Movement

Median sale prices moved higher.

What's Moving Fastest

  • Fastest selling: Single Family (29 DOM)
  • Fastest renting: Single Family (4 DOM)
  • Strongest bedroom: 6 Beds ($895,000 median)

Sales Market Overview

Median Price
$428,500
+0.8%
Median DOM
30
0.0%
New Listings
3
−40.0%
Inventory
21
+10.5%
  • Average Price: $467,310
  • Median Price: $428,500
  • Price Range: $20,000 – $1,270,000
  • Price per Sq Ft (Avg/Median): $293 / $278
  • Square Footage (Avg/Median): 1,805 / 1,708
  • Square Footage Range: 864 – 4,739
  • Days on Market (Avg/Median): 56 / 30
  • Days on Market Range: 2 – 228
  • New Listings: 3
  • Total Listings: 21

Sales by Property Type

Land
Avg/Median Price$30,000 / $20,000Range$20,000 – $40,000Price per Sq FtSq FtDOM91 / 84New0Total2
Single Family
Avg/Median Price$513,342 / $429,950Range$250,000 – $1,270,000Price per Sq Ft$293 / $278Sq Ft1,805 / 1,708DOM52 / 29New3Total19

Sales by Bedroom Count

2 Beds
Avg:$287,500Median:$250,000Range:$250,000 – $325,000PSF:$328 / $279Sq Ft:880 / 864DOM:66 / 29New:0Total:2
3 Beds
Avg:$503,150Median:$428,500Range:$272,900 – $1,270,000PSF:$298 / $274Sq Ft:1,665 / 1,626DOM:56 / 25New:2Total:14
4 Beds
Avg:$619,700Median:$439,900Range:$439,900 – $799,500PSF:$272 / $244Sq Ft:2,238 / 1,803DOM:38 / 30New:0Total:2
6 Beds
Avg:$895,000Median:$895,000Range:$895,000 – $895,000PSF:$189 / $189Sq Ft:4,739 / 4,739DOM:3 / 3New:1Total:1

Rental Market Overview

Median Rent
$2,400
Median DOM
4
New Listings
1
Inventory
1
  • Average Rent: $2,400
  • Median Rent: $2,400
  • Rent Range: $2,400 – $2,400
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 2,033 / 2,033
  • Square Footage Range: 2,033 – 2,033
  • Days on Market (Avg/Median): 4 / 4
  • Days on Market Range: 4 – 4
  • New Listings: 1
  • Total Listings: 1

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM:
Condo
Median DOM:
Inventory:
MoM:
Single Family
$2,400
Median DOM: 4
Inventory: 1
MoM:
Townhouse
Median DOM:
Inventory:
MoM:
Single Family
Avg/Median Rent$2,400 / $2,400Range$2,400 – $2,400Rent per Sq Ft$1 / $1Sq Ft2,033 / 2,033DOM4 / 4New1Total1

Rentals by Bedroom Count

3 Beds
Avg:$2,400Median:$2,400Range:$2,400 – $2,400PSF:$1 / $1Sq Ft:2,033 / 2,033DOM:4 / 4New:1Total:1

6-Month Sales Trend

Dec 2025
Median Price:$379,950Median DOM:104New:1Total:9
Jan 2026
Median Price:$365,000Median DOM:22New:9Total:12
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:$428,500Median DOM:30New:3Total:21

6-Month Rental Trend

Trend data unavailable.
May 2026
Median Rent:$2,400Median DOM:4New:1Total:1

Key Market Takeaways

Median sale prices moved higher 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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