ZIP 23113 Housing Market Report

Richmond Metro

Report period: July 2026

23113 Monthly Market Update – July 2026

ZIP 23113 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$735,000
−2.0%
Median DOM (Sales)
23
+21.1%
New Listings (Sales)
10
−65.5%
Median Rent
$2,351
+2.4%
Median DOM (Rental)
2
−86.7%
Total Rental Listings
21
−4.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (18 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($1,450,000 median)

Sales Market Overview

Median Price
$735,000
−2.0%
Median DOM
23
+21.1%
New Listings
10
−65.5%
Inventory
115
−3.4%
  • Average Price: $826,034
  • Median Price: $735,000
  • Price Range: $125,000 – $2,999,950
  • Price per Sq Ft (Avg/Median): $245 / $236
  • Square Footage (Avg/Median): 3,368 / 3,090
  • Square Footage Range: 816 – 9,110
  • Days on Market (Avg/Median): 41 / 23
  • Days on Market Range: 3 – 359
  • New Listings: 10
  • Total Listings: 115

Sales by Property Type

Condo
Avg/Median Price$303,835 / $289,900Range$245,000 – $426,950Price per Sq Ft$216 / $210Sq Ft1,447 / 1,396DOM40 / 47New2Total11
Land
Avg/Median Price$424,975 / $299,950Range$299,950 – $550,000Price per Sq FtSq FtDOM80 / 57New0Total2
Single Family
Avg/Median Price$981,075 / $835,000Range$125,000 – $2,999,950Price per Sq Ft$252 / $244Sq Ft3,893 / 3,666DOM37 / 18New5Total78
Townhouse
Avg/Median Price$594,916 / $599,000Range$389,000 – $789,405Price per Sq Ft$237 / $230Sq Ft2,543 / 2,399DOM52 / 44New3Total24

Sales by Bedroom Count

2 Beds
Avg:$326,304Median:$295,000Range:$245,000 – $450,000PSF:$236 / $236Sq Ft:1,394 / 1,164DOM:29 / 19New:2Total:8
3 Beds
Avg:$500,044Median:$485,000Range:$125,000 – $789,405PSF:$234 / $236Sq Ft:2,127 / 2,102DOM:47 / 38New:4Total:28
4 Beds
Avg:$759,265Median:$730,000Range:$330,000 – $1,560,000PSF:$235 / $227Sq Ft:3,244 / 2,932DOM:45 / 20New:2Total:36
5 Beds
Avg:$1,131,661Median:$975,000Range:$595,000 – $2,700,000PSF:$266 / $245Sq Ft:4,301 / 3,931DOM:37 / 25New:1Total:30
6 Beds
Avg:$1,559,883Median:$1,450,000Range:$925,000 – $2,999,950PSF:$271 / $229Sq Ft:5,757 / 6,213DOM:19 / 15New:1Total:9
7 Beds
Avg:$1,105,000Median:$784,999Range:$784,999 – $1,425,000PSF:$184 / $174Sq Ft:6,112 / 4,049DOM:52 / 43New:0Total:2

Rental Market Overview

Median Rent
$2,351
+2.4%
Median DOM
2
−86.7%
New Listings
4
Inventory
21
−4.5%
  • Average Rent: $2,423
  • Median Rent: $2,351
  • Rent Range: $1,100 – $4,500
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,642 / 1,608
  • Square Footage Range: 676 – 2,934
  • Days on Market (Avg/Median): 47 / 2
  • Days on Market Range: 1 – 263
  • New Listings: 4
  • Total Listings: 21

Rentals by Property Type

Apartment
$1,667
Median DOM: 86
Inventory: 6
MoM: +2.4%
Condo
$2,095
Median DOM: 1
Inventory: 1
MoM: +2.4%
Single Family
$2,550
Median DOM: 1
Inventory: 9
MoM: +2.4%
Townhouse
$2,850
Median DOM: 29
Inventory: 5
MoM: +2.4%
Apartment
Avg/Median Rent$1,760 / $1,667Range$1,565 – $2,351Rent per Sq Ft$2 / $2Sq Ft728 / 718DOM139 / 86New0Total6
Condo
Avg/Median Rent$2,095 / $2,095Range$2,095 – $2,095Rent per Sq Ft$2 / $2Sq Ft1,216 / 1,216DOM1 / 1New1Total1
Single Family
Avg/Median Rent$2,481 / $2,550Range$1,100 – $3,850Rent per Sq Ft$1 / $1Sq Ft2,208 / 2,161DOM2 / 1New3Total9
Townhouse
Avg/Median Rent$3,180 / $2,850Range$2,700 – $4,500Rent per Sq Ft$2 / $1Sq Ft1,920 / 2,050DOM90 / 29New0Total5

Rentals by Bedroom Count

1 Beds
Avg:$1,680Median:$1,667Range:$1,200 – $2,351PSF:$2 / $2Sq Ft:728 / 718DOM:139 / 86New:0Total:7
2 Beds
Avg:$2,095Median:$2,095Range:$2,095 – $2,095PSF:$2 / $2Sq Ft:1,216 / 1,216DOM:1 / 1New:1Total:1
3 Beds
Avg:$2,875Median:$2,750Range:$1,900 – $4,500PSF:$2 / $1Sq Ft:1,812 / 2,050DOM:61 / 25New:1Total:7
4 Beds
Avg:$2,801Median:$2,808Range:$1,100 – $3,850PSF:$1 / $1Sq Ft:2,420 / 2,170DOM:3 / 1New:2Total:5
5 Beds
Avg:$2,900Median:$2,900Range:$2,900 – $2,900PSF:$1 / $1Sq Ft:2,482 / 2,482DOM:1 / 1New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$658,020Median DOM:16New:31Total:81
Mar 2026
Median Price:$700,000Median DOM:9New:34Total:91
Apr 2026
Median Price:$699,000Median DOM:9New:51Total:102
May 2026
Median Price:$730,000Median DOM:11New:57Total:126
Jun 2026
Median Price:$749,950Median DOM:19New:29Total:119
Jul 2026
Median Price:$735,000Median DOM:23New:10Total:115

6-Month Rental Trend

Feb 2026
Median Rent:$2,400Median DOM:25New:9Total:26
Mar 2026
Median Rent:$2,600Median DOM:22New:11Total:29
Apr 2026
Median Rent:$2,500Median DOM:24New:5Total:29
May 2026
Median Rent:$2,325Median DOM:27New:5Total:23
Jun 2026
Median Rent:$2,295Median DOM:15New:7Total:22
Jul 2026
Median Rent:$2,351Median DOM:2New:4Total:21

Key Market Takeaways

Median sale prices softened this month while inventory compressed. 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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