ZIP 23075 Housing Market Report

Richmond Metro

Report period: July 2026

23075 Monthly Market Update – July 2026

ZIP 23075 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$270,000
+8.0%
Median DOM (Sales)
18
+5.9%
New Listings (Sales)
6
−50.0%
Median Rent
$1,795
+8.8%
Median DOM (Rental)
17
−10.5%
Total Rental Listings
18
−5.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (14 DOM)
  • Fastest renting: Single Family (4 DOM)
  • Strongest bedroom: 4 Beds ($284,500 median)

Sales Market Overview

Median Price
$270,000
+8.0%
Median DOM
18
+5.9%
New Listings
6
−50.0%
Inventory
51
0.0%
  • Average Price: $262,364
  • Median Price: $270,000
  • Price Range: $17,500 – $400,000
  • Price per Sq Ft (Avg/Median): $217 / $217
  • Square Footage (Avg/Median): 1,265 / 1,164
  • Square Footage Range: 480 – 2,212
  • Days on Market (Avg/Median): 29 / 18
  • Days on Market Range: 2 – 101
  • New Listings: 6
  • Total Listings: 51

Sales by Property Type

Land
Avg/Median Price$214,270 / $249,000Range$17,500 – $325,000Price per Sq FtSq FtDOM72 / 59New0Total5
Single Family
Avg/Median Price$278,498 / $275,000Range$99,900 – $400,000Price per Sq Ft$225 / $230Sq Ft1,281 / 1,170DOM23 / 14New6Total40
Townhouse
Avg/Median Price$194,883 / $179,900Range$177,900 – $260,000Price per Sq Ft$169 / $168Sq Ft1,158 / 1,085DOM39 / 24New0Total6

Sales by Bedroom Count

1 Beds
Avg:$99,900Median:$99,900Range:$99,900 – $99,900PSF:$208 / $208Sq Ft:480 / 480DOM:6 / 6New:0Total:1
2 Beds
Avg:$261,733Median:$230,000Range:$179,900 – $375,000PSF:$234 / $217Sq Ft:1,190 / 1,032DOM:18 / 12New:0Total:6
3 Beds
Avg:$271,726Median:$270,000Range:$177,900 – $400,000PSF:$221 / $230Sq Ft:1,250 / 1,164DOM:29 / 19New:6Total:35
4 Beds
Avg:$282,125Median:$284,500Range:$229,000 – $320,000PSF:$167 / $159Sq Ft:1,703 / 1,554DOM:12 / 10New:0Total:4

Rental Market Overview

Median Rent
$1,795
+8.8%
Median DOM
17
−10.5%
New Listings
4
Inventory
18
−5.3%
  • Average Rent: $1,815
  • Median Rent: $1,795
  • Rent Range: $1,395 – $2,499
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,049 / 1,040
  • Square Footage Range: 783 – 1,424
  • Days on Market (Avg/Median): 33 / 17
  • Days on Market Range: 1 – 250
  • New Listings: 4
  • Total Listings: 18

Rentals by Property Type

Apartment
$1,395
Median DOM: 40
Inventory: 2
MoM: +8.8%
Condo
Median DOM:
Inventory:
MoM: +8.8%
Single Family
$1,850
Median DOM: 4
Inventory: 11
MoM: +8.8%
Townhouse
$1,895
Median DOM: 21
Inventory: 5
MoM: +8.8%
Apartment
Avg/Median Rent$1,395 / $1,395Range$1,395 – $1,395Rent per Sq Ft$2 / $2Sq Ft783 / 783DOM40 / 40New0Total2
Single Family
Avg/Median Rent$1,908 / $1,850Range$1,590 – $2,499Rent per Sq Ft$2 / $2Sq Ft1,081 / 990DOM38 / 4New3Total11
Townhouse
Avg/Median Rent$1,778 / $1,895Range$1,400 – $2,050Rent per Sq Ft$2 / $2Sq Ft1,092 / 1,067DOM22 / 21New1Total5

Rentals by Bedroom Count

2 Beds
Avg:$1,597Median:$1,395Range:$1,395 – $2,000PSF:$2 / $2Sq Ft:818 / 783DOM:37 / 34New:0Total:3
3 Beds
Avg:$1,858Median:$1,850Range:$1,400 – $2,499PSF:$2 / $2Sq Ft:1,099 / 1,060DOM:33 / 10New:4Total:15

6-Month Sales Trend

Feb 2026
Median Price:$249,950Median DOM:25New:14Total:36
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:$270,000Median DOM:18New:6Total:51

6-Month Rental Trend

Feb 2026
Median Rent:$1,500Median DOM:32New:4Total:26
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:$1,795Median DOM:17New:4Total:18

Key Market Takeaways

Median sale prices moved higher this month while inventory remained stable. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory tightened.

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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