ZIP 23083 Housing Market Report

Richmond Metro

Report period: July 2026

23083 Monthly Market Update – July 2026

ZIP 23083 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$299,000
−8.0%
Median DOM (Sales)
30
+30.4%
New Listings (Sales)
1
−80.0%
Median Rent
$2,000
0.0%
Median DOM (Rental)
30
+3.4%
Total Rental Listings
4
0.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents were stable.

What's Moving Fastest

  • Fastest selling: Manufactured (17 DOM)
  • Fastest renting: Single Family (30 DOM)
  • Strongest bedroom: 3 Beds ($325,000 median)

Sales Market Overview

Median Price
$299,000
−8.0%
Median DOM
30
+30.4%
New Listings
1
−80.0%
Inventory
13
−13.3%
  • Average Price: $380,227
  • Median Price: $299,000
  • Price Range: $100,000 – $999,999
  • Price per Sq Ft (Avg/Median): $238 / $223
  • Square Footage (Avg/Median): 1,679 / 1,305
  • Square Footage Range: 936 – 3,494
  • Days on Market (Avg/Median): 34 / 30
  • Days on Market Range: 2 – 80
  • New Listings: 1
  • Total Listings: 13

Sales by Property Type

Land
Avg/Median Price$175,999 / $175,999Range$175,999 – $175,999Price per Sq FtSq FtDOM69 / 69New0Total1
Manufactured
Avg/Median Price$289,950 / $289,950Range$289,950 – $289,950Price per Sq Ft$223 / $223Sq Ft1,298 / 1,298DOM17 / 17New0Total1
Single Family
Avg/Median Price$407,000 / $325,000Range$100,000 – $999,999Price per Sq Ft$239 / $229Sq Ft1,713 / 1,305DOM33 / 30New1Total11

Sales by Bedroom Count

2 Beds
Avg:$150,000Median:$150,000Range:$150,000 – $150,000PSF:$160 / $160Sq Ft:936 / 936DOM:32 / 32New:0Total:1
3 Beds
Avg:$419,723Median:$325,000Range:$100,000 – $999,999PSF:$245 / $229Sq Ft:1,746 / 1,305DOM:31 / 30New:1Total:11

Rental Market Overview

Median Rent
$2,000
0.0%
Median DOM
30
+3.4%
New Listings
0
Inventory
4
0.0%
  • Average Rent: $2,100
  • Median Rent: $2,000
  • Rent Range: $1,600 – $2,500
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 2,533 / 2,691
  • Square Footage Range: 1,713 – 3,196
  • Days on Market (Avg/Median): 48 / 30
  • Days on Market Range: 24 – 106
  • New Listings: 0
  • Total Listings: 4

Rentals by Property Type

Apartment
$2,500
Median DOM: 106
Inventory: 1
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$2,000
Median DOM: 30
Inventory: 3
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$2,500 / $2,500Range$2,500 – $2,500Rent per Sq FtSq FtDOM106 / 106New0Total1
Single Family
Avg/Median Rent$1,967 / $2,000Range$1,600 – $2,300Rent per Sq Ft$1 / $1Sq Ft2,533 / 2,691DOM28 / 30New0Total3

Rentals by Bedroom Count

2 Beds
Avg:$2,050Median:$1,600Range:$1,600 – $2,500PSF:$1 / $1Sq Ft:1,713 / 1,713DOM:68 / 30New:0Total:2
3 Beds
Avg:$2,150Median:$2,000Range:$2,000 – $2,300PSF:$1 / $1Sq Ft:2,944 / 2,691DOM:28 / 24New:0Total:2

6-Month Sales Trend

Feb 2026
Median Price:$274,900Median DOM:66New:0Total:8
Mar 2026
Median Price:$199,999Median DOM:88New:2Total:5
Apr 2026
Median Price:$269,000Median DOM:21New:5Total:8
May 2026
Median Price:$360,000Median DOM:23New:6Total:12
Jun 2026
Median Price:$325,000Median DOM:23New:5Total:15
Jul 2026
Median Price:$299,000Median DOM:30New:1Total:13

6-Month Rental Trend

Mar 2026
Median Rent:$1,200Median DOM:8New:2Total:2
Apr 2026
Median Rent:$2,000Median DOM:18New:2Total:4
May 2026
Median Rent:$2,000Median DOM:31New:0Total:4
Jun 2026
Median Rent:$2,000Median DOM:29New:2Total:4
Jul 2026
Median Rent:$2,000Median DOM:30New:0Total:4

Key Market Takeaways

Median sale prices softened 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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