ZIP 23219 Housing Market Report

Richmond Metro

Report period: August 2026

23219 Monthly Market Update – August 2026

ZIP 23219 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$350,000
0.0%
Median DOM (Sales)
80
+12.7%
New Listings (Sales)
0
−100.0%
Median Rent
$1,350
0.0%
Median DOM (Rental)
22
+57.1%
Total Rental Listings
91
−3.2%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Land (9 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 4 Beds ($849,900 median)

Sales Market Overview

Median Price
$350,000
0.0%
Median DOM
80
+12.7%
New Listings
0
−100.0%
Inventory
29
+3.6%
  • Average Price: $419,803
  • Median Price: $350,000
  • Price Range: $20,000 – $849,900
  • Price per Sq Ft (Avg/Median): $341 / $319
  • Square Footage (Avg/Median): 1,445 / 1,214
  • Square Footage Range: 715 – 3,508
  • Days on Market (Avg/Median): 83 / 80
  • Days on Market Range: 5 – 178
  • New Listings: 0
  • Total Listings: 29

Sales by Property Type

Condo
Avg/Median Price$410,780 / $340,000Range$200,000 – $775,000Price per Sq Ft$364 / $384Sq Ft1,113 / 1,173DOM82 / 80New0Total20
Land
Avg/Median Price$138,750 / $35,000Range$20,000 – $250,000Price per Sq FtSq FtDOM57 / 9New0Total4
Single Family
Avg/Median Price$472,000 / $365,000Range$365,000 – $579,000Price per Sq Ft$231 / $202Sq Ft2,137 / 1,404DOM43 / 33New0Total2
Townhouse
Avg/Median Price$819,900 / $829,900Range$779,900 – $849,900Price per Sq Ft$258 / $257Sq Ft3,191 / 3,033DOM154 / 153New0Total3

Sales by Bedroom Count

1 Beds
Avg:$247,875Median:$234,900Range:$200,000 – $282,500PSF:$313 / $319Sq Ft:819 / 736DOM:95 / 59New:0Total:6
2 Beds
Avg:$472,890Median:$535,000Range:$260,000 – $775,000PSF:$378 / $406Sq Ft:1,250 / 1,214DOM:73 / 80New:0Total:15
3 Beds
Avg:$804,900Median:$779,900Range:$779,900 – $829,900PSF:$265 / $257Sq Ft:3,033 / 3,033DOM:166 / 153New:0Total:2
4 Beds
Avg:$849,900Median:$849,900Range:$849,900 – $849,900PSF:$242 / $242Sq Ft:3,508 / 3,508DOM:131 / 131New:0Total:1
5 Beds
Avg:$579,000Median:$579,000Range:$579,000 – $579,000PSF:$202 / $202Sq Ft:2,870 / 2,870DOM:53 / 53New:0Total:1

Rental Market Overview

Median Rent
$1,350
0.0%
Median DOM
22
+57.1%
New Listings
14
Inventory
91
−3.2%
  • Average Rent: $1,570
  • Median Rent: $1,350
  • Rent Range: $749 – $4,200
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 843 / 700
  • Square Footage Range: 326 – 3,000
  • Days on Market (Avg/Median): 62 / 22
  • Days on Market Range: 1 – 321
  • New Listings: 14
  • Total Listings: 91

Rentals by Property Type

Apartment
$1,335
Median DOM: 106
Inventory: 58
MoM: 0.0%
Condo
$1,295
Median DOM: 1
Inventory: 26
MoM: 0.0%
Single Family
$2,250
Median DOM: 1
Inventory: 5
MoM: 0.0%
Townhouse
$2,350
Median DOM: 18
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$1,430 / $1,335Range$1,000 – $2,795Rent per Sq Ft$2 / $2Sq Ft740 / 639DOM109 / 106New2Total58
Condo
Avg/Median Rent$1,628 / $1,295Range$749 – $3,600Rent per Sq Ft$2 / $2Sq Ft907 / 800DOM11 / 1New11Total26
Single Family
Avg/Median Rent$2,210 / $2,250Range$1,150 – $3,199Rent per Sq Ft$1 / $1Sq Ft1,789 / 1,576DOM20 / 1New1Total5
Townhouse
Avg/Median Rent$3,275 / $2,350Range$2,350 – $4,200Rent per Sq Ft$3 / $2Sq Ft1,214 / 1,184DOM20 / 18New0Total2

Rentals by Bedroom Count

Studio
Avg:$1,273Median:$1,230Range:$1,009 – $1,587PSF:$3 / $3Sq Ft:502 / 464DOM:135 / 97New:1Total:16
1 Beds
Avg:$1,367Median:$1,295Range:$749 – $2,600PSF:$2 / $2Sq Ft:706 / 625DOM:47 / 1New:8Total:44
2 Beds
Avg:$1,939Median:$1,675Range:$1,295 – $4,200PSF:$2 / $2Sq Ft:1,089 / 1,037DOM:50 / 22New:4Total:26
3 Beds
Avg:$2,095Median:$1,895Range:$1,595 – $2,795PSF:$1 / $1Sq Ft:1,557 / 1,175DOM:52 / 26New:1Total:3
4 Beds
Avg:$2,450Median:$2,450Range:$2,450 – $2,450PSF:$1 / $1Sq Ft:1,754 / 1,754DOM:42 / 42New:0Total:1
5 Beds
Avg:$3,199Median:$3,199Range:$3,199 – $3,199PSF:$1 / $1Sq Ft:2,250 / 2,250DOM:1 / 1New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$350,000Median DOM:26New:12Total:26
Apr 2026
Median Price:$399,950Median DOM:29New:11Total:33
May 2026
Median Price:$385,000Median DOM:41New:10Total:36
Jun 2026
Median Price:$350,000Median DOM:51New:3Total:32
Jul 2026
Median Price:$350,000Median DOM:71New:3Total:28
Aug 2026
Median Price:$350,000Median DOM:80New:0Total:29

6-Month Rental Trend

Mar 2026
Median Rent:$1,399Median DOM:13New:42Total:103
Apr 2026
Median Rent:$1,499Median DOM:4New:55Total:122
May 2026
Median Rent:$1,495Median DOM:9New:34Total:122
Jun 2026
Median Rent:$1,495Median DOM:9New:31Total:105
Jul 2026
Median Rent:$1,350Median DOM:14New:35Total:94
Aug 2026
Median Rent:$1,350Median DOM:22New:14Total:91

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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