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 FtSq FtDOM108 / 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

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

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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