ZIP 23146 Housing Market Report

Richmond Metro

Report period: May 2026

23146 Monthly Market Update – May 2026

ZIP 23146 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$819,950
0.0%
Median DOM (Sales)
26
−25.7%
New Listings (Sales)
2
−66.7%
Median Rent
$3,400
0.0%
Median DOM (Rental)
361
0.0%
Total Rental Listings
1
0.0%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents were stable.

What's Moving Fastest

  • Fastest selling: Single Family (11 DOM)
  • Fastest renting: Single Family (361 DOM)
  • Strongest bedroom: 4 Beds ($899,000 median)

Sales Market Overview

Median Price
$819,950
0.0%
Median DOM
26
−25.7%
New Listings
2
−66.7%
Inventory
19
0.0%
  • Average Price: $931,474
  • Median Price: $819,950
  • Price Range: $174,900 – $4,250,000
  • Price per Sq Ft (Avg/Median): $270 / $256
  • Square Footage (Avg/Median): 3,714 / 3,332
  • Square Footage Range: 1,785 – 8,044
  • Days on Market (Avg/Median): 66 / 26
  • Days on Market Range: 2 – 250
  • New Listings: 2
  • Total Listings: 19

Sales by Property Type

Land
Avg/Median Price$463,880 / $395,000Range$174,900 – $999,500Price per Sq FtSq FtDOM168 / 110New0Total5
Single Family
Avg/Median Price$1,098,471 / $824,950Range$414,900 – $4,250,000Price per Sq Ft$270 / $256Sq Ft3,714 / 3,332DOM37 / 11New2Total14

Sales by Bedroom Count

3 Beds
Avg:$414,900Median:$414,900Range:$414,900 – $414,900PSF:$182 / $182Sq Ft:2,280 / 2,280DOM:112 / 112New:0Total:1
4 Beds
Avg:$888,194Median:$899,000Range:$425,000 – $1,400,000PSF:$253 / $262Sq Ft:3,499 / 3,332DOM:26 / 11New:2Total:9
5 Beds
Avg:$1,742,488Median:$824,950Range:$700,000 – $4,250,000PSF:$332 / $236Sq Ft:4,557 / 3,524DOM:41 / 3New:0Total:4

Rental Market Overview

Median Rent
$3,400
0.0%
Median DOM
361
0.0%
New Listings
0
Inventory
1
0.0%
  • Average Rent: $3,400
  • Median Rent: $3,400
  • Rent Range: $3,400 – $3,400
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 3,360 / 3,360
  • Square Footage Range: 3,360 – 3,360
  • Days on Market (Avg/Median): 361 / 361
  • Days on Market Range: 361 – 361
  • New Listings: 0
  • Total Listings: 1

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$3,400
Median DOM: 361
Inventory: 1
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Single Family
Avg/Median Rent$3,400 / $3,400Range$3,400 – $3,400Rent per Sq Ft$1 / $1Sq Ft3,360 / 3,360DOM361 / 361New0Total1

Rentals by Bedroom Count

4 Beds
Avg:$3,400Median:$3,400Range:$3,400 – $3,400PSF:$1 / $1Sq Ft:3,360 / 3,360DOM:361 / 361New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$450,000Median DOM:113New:3Total:21
Jan 2026
Median Price:$450,000Median DOM:144New:4Total:23
Feb 2026
Median Price:$450,000Median DOM:88New:2Total:22
Mar 2026
Median Price:$414,900Median DOM:110New:2Total:18
Apr 2026
Median Price:$819,950Median DOM:35New:6Total:19
May 2026
Median Price:$819,950Median DOM:26New:2Total:19

6-Month Rental Trend

Dec 2025
Median Rent:$2,495Median DOM:1New:0Total:2
Jan 2026
Median Rent:$3,400Median DOM:272New:0Total:1
Feb 2026
Median Rent:$3,400Median DOM:300New:0Total:1
Mar 2026
Median Rent:$3,400Median DOM:331New:0Total:1
Apr 2026
Median Rent:$3,400Median DOM:361New:0Total:1
May 2026
Median Rent:$3,400Median DOM:361New:0Total:1

Key Market Takeaways

Median sale prices held steady this month while inventory remained stable. Days on market declined, signaling improving 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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