ZIP 23150 Housing Market Report

Richmond Metro

Report period: July 2026

23150 Monthly Market Update – July 2026

ZIP 23150 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$332,705
−0.4%
Median DOM (Sales)
23
−11.5%
New Listings (Sales)
9
−67.9%
Median Rent
$1,950
0.0%
Median DOM (Rental)
2
−60.0%
Total Rental Listings
19
0.0%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Land (5 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($3,280,000 median)

Sales Market Overview

Median Price
$332,705
−0.4%
Median DOM
23
−11.5%
New Listings
9
−67.9%
Inventory
80
+3.9%
  • Average Price: $377,918
  • Median Price: $332,705
  • Price Range: $215,000 – $3,280,000
  • Price per Sq Ft (Avg/Median): $236 / $236
  • Square Footage (Avg/Median): 1,602 / 1,336
  • Square Footage Range: 854 – 9,755
  • Days on Market (Avg/Median): 35 / 23
  • Days on Market Range: 2 – 146
  • New Listings: 9
  • Total Listings: 80

Sales by Property Type

Condo
Avg/Median Price$261,643 / $254,950Range$249,990 – $279,990Price per Sq Ft$269 / $269Sq Ft977 / 931DOM36 / 37New1Total3
Land
Avg/Median Price$315,000 / $300,000Range$300,000 – $330,000Price per Sq FtSq FtDOM5 / 5New0Total2
Single Family
Avg/Median Price$410,314 / $340,000Range$215,000 – $3,280,000Price per Sq Ft$233 / $228Sq Ft1,733 / 1,377DOM36 / 21New5Total48
Townhouse
Avg/Median Price$337,905 / $334,990Range$299,000 – $381,620Price per Sq Ft$236 / $241Sq Ft1,438 / 1,336DOM33 / 28New3Total27

Sales by Bedroom Count

2 Beds
Avg:$250,978Median:$249,990Range:$219,950 – $300,000PSF:$249 / $269Sq Ft:1,026 / 964DOM:27 / 14New:1Total:5
3 Beds
Avg:$326,631Median:$329,990Range:$215,000 – $474,950PSF:$237 / $239Sq Ft:1,411 / 1,336DOM:36 / 25New:5Total:60
4 Beds
Avg:$455,888Median:$429,900Range:$359,950 – $620,000PSF:$218 / $220Sq Ft:2,117 / 1,922DOM:32 / 12New:3Total:12
5 Beds
Avg:$3,280,000Median:$3,280,000Range:$3,280,000 – $3,280,000PSF:$336 / $336Sq Ft:9,755 / 9,755DOM:85 / 85New:0Total:1

Rental Market Overview

Median Rent
$1,950
0.0%
Median DOM
2
−60.0%
New Listings
3
Inventory
19
0.0%
  • Average Rent: $2,283
  • Median Rent: $1,950
  • Rent Range: $1,695 – $7,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,622 / 1,280
  • Square Footage Range: 854 – 8,850
  • Days on Market (Avg/Median): 21 / 2
  • Days on Market Range: 1 – 185
  • New Listings: 3
  • Total Listings: 19

Rentals by Property Type

Apartment
$1,732
Median DOM: 185
Inventory: 1
MoM: 0.0%
Condo
$1,795
Median DOM: 1
Inventory: 2
MoM: 0.0%
Single Family
$1,950
Median DOM: 1
Inventory: 13
MoM: 0.0%
Townhouse
$2,195
Median DOM: 9
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$1,732 / $1,732Range$1,732 – $1,732Rent per Sq Ft$2 / $2Sq Ft906 / 906DOM185 / 185New0Total1
Condo
Avg/Median Rent$1,795 / $1,795Range$1,795 – $1,795Rent per Sq Ft$2 / $2Sq Ft897 / 897DOM11 / 1New1Total2
Single Family
Avg/Median Rent$2,424 / $1,950Range$1,695 – $7,500Rent per Sq Ft$2 / $2Sq Ft1,837 / 1,280DOM9 / 1New2Total13
Townhouse
Avg/Median Rent$2,182 / $2,195Range$2,050 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,413 / 1,318DOM22 / 9New0Total3

Rentals by Bedroom Count

2 Beds
Avg:$1,754Median:$1,732Range:$1,695 – $1,795PSF:$2 / $2Sq Ft:888 / 897DOM:52 / 1New:2Total:4
3 Beds
Avg:$2,082Median:$2,050Range:$1,695 – $2,500PSF:$2 / $2Sq Ft:1,309 / 1,280DOM:11 / 2New:1Total:13
4 Beds
Avg:$1,795Median:$1,795Range:$1,795 – $1,795PSF:$1 / $1Sq Ft:1,400 / 1,400DOM:1 / 1New:0Total:1
5 Beds
Avg:$7,500Median:$7,500Range:$7,500 – $7,500PSF:$1 / $1Sq Ft:8,850 / 8,850DOM:40 / 40New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$329,990Median DOM:19New:24Total:73
Mar 2026
Median Price:$319,990Median DOM:25New:25Total:74
Apr 2026
Median Price:$327,450Median DOM:26New:29Total:87
May 2026
Median Price:$331,050Median DOM:29New:24Total:79
Jun 2026
Median Price:$334,050Median DOM:26New:28Total:77
Jul 2026
Median Price:$332,705Median DOM:23New:9Total:80

6-Month Rental Trend

Feb 2026
Median Rent:$1,750Median DOM:1New:6Total:17
Mar 2026
Median Rent:$1,760Median DOM:5New:5Total:15
Apr 2026
Median Rent:$1,850Median DOM:7New:8Total:16
May 2026
Median Rent:$1,950Median DOM:2New:8Total:18
Jun 2026
Median Rent:$1,950Median DOM:5New:7Total:19
Jul 2026
Median Rent:$1,950Median DOM:2New:3Total:19

Key Market Takeaways

Median sale prices softened this month while inventory expanded. 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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