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 Ft—Sq Ft—DOM80 / 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
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $326,304 | $295,000 | $245,000 – $450,000 | $236 / $236 | 1,394 / 1,164 | 29 / 19 | 2 | 8 |
| 3 Beds | $500,044 | $485,000 | $125,000 – $789,405 | $234 / $236 | 2,127 / 2,102 | 47 / 38 | 4 | 28 |
| 4 Beds | $759,265 | $730,000 | $330,000 – $1,560,000 | $235 / $227 | 3,244 / 2,932 | 45 / 20 | 2 | 36 |
| 5 Beds | $1,131,661 | $975,000 | $595,000 – $2,700,000 | $266 / $245 | 4,301 / 3,931 | 37 / 25 | 1 | 30 |
| 6 Beds | $1,559,883 | $1,450,000 | $925,000 – $2,999,950 | $271 / $229 | 5,757 / 6,213 | 19 / 15 | 1 | 9 |
| 7 Beds | $1,105,000 | $784,999 | $784,999 – $1,425,000 | $184 / $174 | 6,112 / 4,049 | 52 / 43 | 0 | 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
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,680 | $1,667 | $1,200 – $2,351 | $2 / $2 | 728 / 718 | 139 / 86 | 0 | 7 |
| 2 Beds | $2,095 | $2,095 | $2,095 – $2,095 | $2 / $2 | 1,216 / 1,216 | 1 / 1 | 1 | 1 |
| 3 Beds | $2,875 | $2,750 | $1,900 – $4,500 | $2 / $1 | 1,812 / 2,050 | 61 / 25 | 1 | 7 |
| 4 Beds | $2,801 | $2,808 | $1,100 – $3,850 | $1 / $1 | 2,420 / 2,170 | 3 / 1 | 2 | 5 |
| 5 Beds | $2,900 | $2,900 | $2,900 – $2,900 | $1 / $1 | 2,482 / 2,482 | 1 / 1 | 0 | 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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