ZIP 23146 Housing Market Report

Richmond Metro

Report period: August 2026

23146 Monthly Market Update – August 2026

ZIP 23146 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$650,500
+22.7%
Median DOM (Sales)
29
0.0%
New Listings (Sales)
0
−100.0%
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 moved higher. Rents were stable.

What's Moving Fastest

  • Fastest selling: Single Family (29 DOM)
  • Fastest renting: Single Family (361 DOM)
  • Strongest bedroom: 5 Beds ($825,000 median)

Sales Market Overview

Median Price
$650,500
+22.7%
Median DOM
29
0.0%
New Listings
0
−100.0%
Inventory
21
−4.5%
  • Average Price: $723,210
  • Median Price: $650,500
  • Price Range: $249,950 – $1,650,000
  • Price per Sq Ft (Avg/Median): $256 / $243
  • Square Footage (Avg/Median): 2,977 / 2,796
  • Square Footage Range: 1,514 – 5,679
  • Days on Market (Avg/Median): 75 / 29
  • Days on Market Range: 3 – 340
  • New Listings: 0
  • Total Listings: 21

Sales by Property Type

Land
Avg/Median Price$523,612 / $395,000Range$249,950 – $999,500Price per Sq FtSq FtDOM246 / 327New0Total4
Single Family
Avg/Median Price$770,174 / $789,950Range$315,000 – $1,650,000Price per Sq Ft$256 / $243Sq Ft2,977 / 2,796DOM44 / 29New0Total17

Sales by Bedroom Count

3 Beds
Avg:$414,333Median:$399,000Range:$315,000 – $529,000PSF:$224 / $208Sq Ft:1,873 / 1,826DOM:78 / 16New:0Total:3
4 Beds
Avg:$781,246Median:$789,950Range:$439,900 – $1,349,950PSF:$251 / $243Sq Ft:3,127 / 2,796DOM:37 / 22New:0Total:12
5 Beds
Avg:$1,237,500Median:$825,000Range:$825,000 – $1,650,000PSF:$335 / $215Sq Ft:3,733 / 3,636DOM:40 / 37New:0Total:2

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

Mar 2026
Median Price:$414,900Median DOM:110New:2Total:18
Apr 2026
Median Price:$819,950Median DOM:35New:6Total:19
May 2026
Median Price:$700,000Median DOM:16New:8Total:23
Jun 2026
Median Price:$545,000Median DOM:46New:3Total:20
Jul 2026
Median Price:$530,000Median DOM:29New:9Total:22
Aug 2026
Median Price:$650,500Median DOM:29New:0Total:21

6-Month Rental Trend

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
Jun 2026
Median Rent:$3,400Median DOM:361New:0Total:1

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market were unchanged, signaling steady 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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