ZIP 23219 Housing Market Report
Richmond Metro
Report period: May 2026
23219 Monthly Market Update – May 2026
ZIP 23219 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$389,000
−2.7%
Median DOM (Sales)
37
+27.6%
New Listings (Sales)
1
−90.9%
Median Rent
$1,500
+0.1%
Median DOM (Rental)
9
+125.0%
Total Rental Listings
121
−0.8%
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: Condo (34 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 4 Beds ($849,900 median)
Sales Market Overview
Median Price
$389,000
−2.7%
Median DOM
37
+27.6%
New Listings
1
−90.9%
Inventory
32
−3.0%
- Average Price: $481,469
- Median Price: $389,000
- Price Range: $35,000 – $1,650,000
- Price per Sq Ft (Avg/Median): $334 / $328
- Square Footage (Avg/Median): 1,541 / 1,187
- Square Footage Range: 700 – 4,656
- Days on Market (Avg/Median): 50 / 37
- Days on Market Range: 6 – 229
- New Listings: 1
- Total Listings: 32
Sales by Property Type
Condo
Avg/Median Price$466,934 / $385,000Range$200,000 – $1,650,000Price per Sq Ft$360 / $354Sq Ft1,277 / 1,173DOM42 / 34New1Total25
Land
Avg/Median Price$35,000 / $35,000Range$35,000 – $35,000Price per Sq Ft—Sq Ft—DOM46 / 46New0Total1
Single Family
Avg/Median Price$412,983 / $389,000Range$249,950 – $599,999Price per Sq Ft$197 / $187Sq Ft2,091 / 2,426DOM96 / 52New0Total3
Townhouse
Avg/Median Price$819,900 / $829,900Range$779,900 – $849,900Price per Sq Ft$258 / $257Sq Ft3,191 / 3,033DOM79 / 87New0Total3
Sales by Bedroom Count
1 Beds
Avg:$276,624Median:$264,995Range:$224,950 – $345,000PSF:$320 / $326Sq Ft:878 / 832DOM:45 / 21New:1Total:6
2 Beds
Avg:$453,345Median:$418,000Range:$200,000 – $1,069,000PSF:$364 / $379Sq Ft:1,228 / 1,187DOM:41 / 37New:0Total:19
3 Beds
Avg:$964,950Median:$779,900Range:$599,999 – $1,650,000PSF:$283 / $257Sq Ft:3,287 / 3,033DOM:49 / 40New:0Total:4
4 Beds
Avg:$849,900Median:$849,900Range:$849,900 – $849,900PSF:$242 / $242Sq Ft:3,508 / 3,508DOM:87 / 87New:0Total:1
6 Beds
Avg:$389,000Median:$389,000Range:$389,000 – $389,000PSF:$155 / $155Sq Ft:2,512 / 2,512DOM:229 / 229New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $276,624 | $264,995 | $224,950 – $345,000 | $320 / $326 | 878 / 832 | 45 / 21 | 1 | 6 |
| 2 Beds | $453,345 | $418,000 | $200,000 – $1,069,000 | $364 / $379 | 1,228 / 1,187 | 41 / 37 | 0 | 19 |
| 3 Beds | $964,950 | $779,900 | $599,999 – $1,650,000 | $283 / $257 | 3,287 / 3,033 | 49 / 40 | 0 | 4 |
| 4 Beds | $849,900 | $849,900 | $849,900 – $849,900 | $242 / $242 | 3,508 / 3,508 | 87 / 87 | 0 | 1 |
| 6 Beds | $389,000 | $389,000 | $389,000 – $389,000 | $155 / $155 | 2,512 / 2,512 | 229 / 229 | 0 | 1 |
Rental Market Overview
Median Rent
$1,500
+0.1%
Median DOM
9
+125.0%
New Listings
25
Inventory
121
−0.8%
- Average Rent: $1,672
- Median Rent: $1,500
- Rent Range: $950 – $4,200
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 872 / 773
- Square Footage Range: 323 – 2,604
- Days on Market (Avg/Median): 41 / 9
- Days on Market Range: 1 – 285
- New Listings: 25
- Total Listings: 121
Rentals by Property Type
Apartment
$1,457
Median DOM: 36
Inventory: 74
MoM: +0.1%
Condo
$1,495
Median DOM: 1
Inventory: 33
MoM: +0.1%
Single Family
$2,500
Median DOM: 1
Inventory: 10
MoM: +0.1%
Townhouse
$3,150
Median DOM: 53
Inventory: 3
MoM: +0.1%
Apartment
Avg/Median Rent$1,548 / $1,457Range$950 – $3,400Rent per Sq Ft$2 / $2Sq Ft795 / 686DOM63 / 36New5Total74
Condo
Avg/Median Rent$1,638 / $1,495Range$995 – $3,300Rent per Sq Ft$2 / $2Sq Ft776 / 773DOM15 / 1New19Total33
Multi-Family
Avg/Median Rent$1,550 / $1,550Range$1,550 – $1,550Rent per Sq Ft$2 / $2Sq Ft868 / 868DOM—New0Total1
Single Family
Avg/Median Rent$2,300 / $2,500Range$1,100 – $3,250Rent per Sq Ft$1 / $1Sq Ft1,627 / 1,708DOM3 / 1New1Total10
Townhouse
Avg/Median Rent$3,050 / $3,150Range$1,799 – $4,200Rent per Sq Ft$3 / $3Sq Ft1,086 / 1,009DOM99 / 53New0Total3
Rentals by Bedroom Count
Studio
Avg:$1,206Median:$1,100Range:$995 – $1,600PSF:$3 / $2Sq Ft:492 / 478DOM:31 / 1New:3Total:14
1 Beds
Avg:$1,468Median:$1,325Range:$950 – $2,600PSF:$2 / $2Sq Ft:654 / 625DOM:51 / 9New:11Total:61
2 Beds
Avg:$1,895Median:$1,700Range:$1,100 – $4,200PSF:$2 / $2Sq Ft:1,040 / 1,007DOM:43 / 29New:7Total:35
3 Beds
Avg:$2,416Median:$2,349Range:$1,895 – $2,950PSF:$2 / $1Sq Ft:1,637 / 1,215DOM:15 / 1New:2Total:6
4 Beds
Avg:$2,750Median:$2,600Range:$2,600 – $2,900PSF:$1 / $1Sq Ft:2,330 / 2,160DOM:1 / 1New:0Total:2
5 Beds
Avg:$3,200Median:$3,250Range:$2,950 – $3,400PSF:$2 / $1Sq Ft:2,197 / 2,278DOM:1 / 1New:2Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,206 | $1,100 | $995 – $1,600 | $3 / $2 | 492 / 478 | 31 / 1 | 3 | 14 |
| 1 Beds | $1,468 | $1,325 | $950 – $2,600 | $2 / $2 | 654 / 625 | 51 / 9 | 11 | 61 |
| 2 Beds | $1,895 | $1,700 | $1,100 – $4,200 | $2 / $2 | 1,040 / 1,007 | 43 / 29 | 7 | 35 |
| 3 Beds | $2,416 | $2,349 | $1,895 – $2,950 | $2 / $1 | 1,637 / 1,215 | 15 / 1 | 2 | 6 |
| 4 Beds | $2,750 | $2,600 | $2,600 – $2,900 | $1 / $1 | 2,330 / 2,160 | 1 / 1 | 0 | 2 |
| 5 Beds | $3,200 | $3,250 | $2,950 – $3,400 | $2 / $1 | 2,197 / 2,278 | 1 / 1 | 2 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$345,000Median DOM:69New:1Total:16
Jan 2026
Median Price:$305,000Median DOM:78New:3Total:15
Feb 2026
Median Price:$299,900Median DOM:39New:7Total:18
Mar 2026
Median Price:$350,000Median DOM:26New:12Total:26
Apr 2026
Median Price:$399,950Median DOM:29New:11Total:33
May 2026
Median Price:$389,000Median DOM:37New:1Total:32
6-Month Rental Trend
Dec 2025
Median Rent:$1,432Median DOM:72New:21Total:80
Jan 2026
Median Rent:$1,350Median DOM:27New:25Total:85
Feb 2026
Median Rent:$1,395Median DOM:10New:36Total:97
Mar 2026
Median Rent:$1,399Median DOM:13New:42Total:103
Apr 2026
Median Rent:$1,499Median DOM:4New:55Total:122
May 2026
Median Rent:$1,500Median DOM:9New:25Total:121
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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