ZIP 23075 Housing Market Report
Richmond Metro
Report period: August 2026
23075 Monthly Market Update – August 2026
ZIP 23075 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$269,950
+0.9%
Median DOM (Sales)
23
0.0%
New Listings (Sales)
4
−73.3%
Median Rent
$1,650
0.0%
Median DOM (Rental)
21
−30.0%
Total Rental Listings
20
+25.0%
Month-over-Month Movement
Median sale prices moved higher. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (21 DOM)
- Fastest renting: Single Family (8 DOM)
- Strongest bedroom: 5 Beds ($397,000 median)
Sales Market Overview
Median Price
$269,950
+0.9%
Median DOM
23
0.0%
New Listings
4
−73.3%
Inventory
50
+4.2%
- Average Price: $268,973
- Median Price: $269,950
- Price Range: $17,500 – $419,900
- Price per Sq Ft (Avg/Median): $201 / $196
- Square Footage (Avg/Median): 1,418 / 1,248
- Square Footage Range: 936 – 2,637
- Days on Market (Avg/Median): 33 / 23
- Days on Market Range: 2 – 118
- New Listings: 4
- Total Listings: 50
Sales by Property Type
Land
Avg/Median Price$217,862 / $249,000Range$17,500 – $325,000Price per Sq Ft—Sq Ft—DOM108 / 116New0Total4
Single Family
Avg/Median Price$291,423 / $287,950Range$150,000 – $419,900Price per Sq Ft$210 / $216Sq Ft1,470 / 1,284DOM28 / 21New3Total38
Townhouse
Avg/Median Price$187,894 / $175,950Range$174,900 – $260,000Price per Sq Ft$161 / $165Sq Ft1,174 / 1,085DOM31 / 25New1Total8
Sales by Bedroom Count
2 Beds
Avg:$243,133Median:$269,500Range:$174,900 – $284,999PSF:$234 / $244Sq Ft:1,046 / 1,032DOM:40 / 42New:0Total:3
3 Beds
Avg:$266,305Median:$267,490Range:$150,000 – $400,000PSF:$207 / $203Sq Ft:1,332 / 1,242DOM:30 / 21New:4Total:36
4 Beds
Avg:$310,642Median:$295,000Range:$229,000 – $419,900PSF:$162 / $159Sq Ft:1,928 / 1,792DOM:19 / 11New:0Total:6
5 Beds
Avg:$397,000Median:$397,000Range:$397,000 – $397,000PSF:$153 / $153Sq Ft:2,595 / 2,595DOM:12 / 12New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $243,133 | $269,500 | $174,900 – $284,999 | $234 / $244 | 1,046 / 1,032 | 40 / 42 | 0 | 3 |
| 3 Beds | $266,305 | $267,490 | $150,000 – $400,000 | $207 / $203 | 1,332 / 1,242 | 30 / 21 | 4 | 36 |
| 4 Beds | $310,642 | $295,000 | $229,000 – $419,900 | $162 / $159 | 1,928 / 1,792 | 19 / 11 | 0 | 6 |
| 5 Beds | $397,000 | $397,000 | $397,000 – $397,000 | $153 / $153 | 2,595 / 2,595 | 12 / 12 | 0 | 1 |
Rental Market Overview
Median Rent
$1,650
0.0%
Median DOM
21
−30.0%
New Listings
5
Inventory
20
+25.0%
- Average Rent: $1,733
- Median Rent: $1,650
- Rent Range: $1,395 – $2,200
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,036 / 1,032
- Square Footage Range: 783 – 1,344
- Days on Market (Avg/Median): 37 / 21
- Days on Market Range: 1 – 280
- New Listings: 5
- Total Listings: 20
Rentals by Property Type
Apartment
$1,395
Median DOM: 43
Inventory: 2
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$1,650
Median DOM: 8
Inventory: 11
MoM: 0.0%
Townhouse
$1,895
Median DOM: 21
Inventory: 7
MoM: 0.0%
Apartment
Avg/Median Rent$1,395 / $1,395Range$1,395 – $1,395Rent per Sq Ft$2 / $2Sq Ft783 / 783DOM43 / 43New0Total2
Single Family
Avg/Median Rent$1,753 / $1,650Range$1,500 – $2,200Rent per Sq Ft$2 / $2Sq Ft1,006 / 980DOM46 / 8New3Total11
Townhouse
Avg/Median Rent$1,798 / $1,895Range$1,400 – $2,000Rent per Sq Ft$2 / $2Sq Ft1,146 / 1,085DOM25 / 21New2Total7
Rentals by Bedroom Count
2 Beds
Avg:$1,510Median:$1,395Range:$1,395 – $1,750PSF:$2 / $2Sq Ft:820 / 783DOM:36 / 43New:1Total:4
3 Beds
Avg:$1,788Median:$1,795Range:$1,400 – $2,200PSF:$2 / $2Sq Ft:1,097 / 1,060DOM:38 / 21New:4Total:16
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,510 | $1,395 | $1,395 – $1,750 | $2 / $2 | 820 / 783 | 36 / 43 | 1 | 4 |
| 3 Beds | $1,788 | $1,795 | $1,400 – $2,200 | $2 / $2 | 1,097 / 1,060 | 38 / 21 | 4 | 16 |
6-Month Sales Trend
Mar 2026
Median Price:$249,950Median DOM:11New:13Total:44
Apr 2026
Median Price:$250,000Median DOM:13New:17Total:51
May 2026
Median Price:$249,000Median DOM:10New:23Total:54
Jun 2026
Median Price:$249,995Median DOM:17New:12Total:51
Jul 2026
Median Price:$267,490Median DOM:23New:15Total:48
Aug 2026
Median Price:$269,950Median DOM:23New:4Total:50
6-Month Rental Trend
Mar 2026
Median Rent:$1,650Median DOM:31New:5Total:21
Apr 2026
Median Rent:$1,600Median DOM:13New:5Total:16
May 2026
Median Rent:$1,650Median DOM:7New:8Total:14
Jun 2026
Median Rent:$1,650Median DOM:19New:8Total:19
Jul 2026
Median Rent:$1,650Median DOM:30New:5Total:16
Aug 2026
Median Rent:$1,650Median DOM:21New:5Total:20
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 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.
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