ZIP 23225 Housing Market Report
Richmond Metro
Report period: July 2026
23225 Monthly Market Update – July 2026
ZIP 23225 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$399,950
−3.6%
Median DOM (Sales)
11
0.0%
New Listings (Sales)
11
−74.4%
Median Rent
$1,599
−5.7%
Median DOM (Rental)
23
+9.5%
Total Rental Listings
79
−4.8%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (3 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($1,495,000 median)
Sales Market Overview
Median Price
$399,950
−3.6%
Median DOM
11
0.0%
New Listings
11
−74.4%
Inventory
147
−2.0%
- Average Price: $461,402
- Median Price: $399,950
- Price Range: $85,000 – $1,950,000
- Price per Sq Ft (Avg/Median): $256 / $249
- Square Footage (Avg/Median): 1,816 / 1,606
- Square Footage Range: 736 – 5,155
- Days on Market (Avg/Median): 28 / 11
- Days on Market Range: 1 – 190
- New Listings: 11
- Total Listings: 147
Sales by Property Type
Condo
Avg/Median Price$277,829 / $299,900Range$170,000 – $320,000Price per Sq Ft$191 / $195Sq Ft1,473 / 1,561DOM51 / 57New0Total7
Land
Avg/Median Price$105,000 / $85,000Range$85,000 – $125,000Price per Sq Ft—Sq Ft—DOM28 / 3New1Total2
Single Family
Avg/Median Price$491,468 / $424,999Range$149,950 – $1,950,000Price per Sq Ft$265 / $263Sq Ft1,853 / 1,610DOM20 / 9New10Total122
Townhouse
Avg/Median Price$357,006 / $342,000Range$294,950 – $425,000Price per Sq Ft$217 / $214Sq Ft1,684 / 1,520DOM78 / 54New0Total16
Sales by Bedroom Count
2 Beds
Avg:$300,032Median:$299,900Range:$168,000 – $475,000PSF:$260 / $224Sq Ft:1,191 / 1,120DOM:28 / 13New:2Total:17
3 Beds
Avg:$412,546Median:$374,950Range:$149,950 – $899,950PSF:$256 / $258Sq Ft:1,622 / 1,573DOM:27 / 9New:8Total:95
4 Beds
Avg:$692,200Median:$599,000Range:$274,900 – $1,950,000PSF:$258 / $248Sq Ft:2,621 / 2,544DOM:30 / 17New:0Total:29
5 Beds
Avg:$584,950Median:$665,000Range:$239,900 – $849,950PSF:$214 / $215Sq Ft:2,594 / 3,093DOM:16 / 14New:0Total:3
7 Beds
Avg:$1,495,000Median:$1,495,000Range:$1,495,000 – $1,495,000PSF:$290 / $290Sq Ft:5,155 / 5,155DOM:45 / 45New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $300,032 | $299,900 | $168,000 – $475,000 | $260 / $224 | 1,191 / 1,120 | 28 / 13 | 2 | 17 |
| 3 Beds | $412,546 | $374,950 | $149,950 – $899,950 | $256 / $258 | 1,622 / 1,573 | 27 / 9 | 8 | 95 |
| 4 Beds | $692,200 | $599,000 | $274,900 – $1,950,000 | $258 / $248 | 2,621 / 2,544 | 30 / 17 | 0 | 29 |
| 5 Beds | $584,950 | $665,000 | $239,900 – $849,950 | $214 / $215 | 2,594 / 3,093 | 16 / 14 | 0 | 3 |
| 7 Beds | $1,495,000 | $1,495,000 | $1,495,000 – $1,495,000 | $290 / $290 | 5,155 / 5,155 | 45 / 45 | 0 | 1 |
Rental Market Overview
Median Rent
$1,599
−5.7%
Median DOM
23
+9.5%
New Listings
11
Inventory
79
−4.8%
- Average Rent: $1,714
- Median Rent: $1,599
- Rent Range: $925 – $2,900
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,065 / 935
- Square Footage Range: 384 – 2,615
- Days on Market (Avg/Median): 59 / 23
- Days on Market Range: 1 – 337
- New Listings: 11
- Total Listings: 79
Rentals by Property Type
Apartment
$1,190
Median DOM: 41
Inventory: 35
MoM: −5.7%
Condo
$1,350
Median DOM: 1
Inventory: 4
MoM: −5.7%
Single Family
$2,050
Median DOM: 12
Inventory: 32
MoM: −5.7%
Townhouse
$2,650
Median DOM: 22
Inventory: 7
MoM: −5.7%
Apartment
Avg/Median Rent$1,250 / $1,190Range$940 – $1,731Rent per Sq Ft$2 / $2Sq Ft712 / 680DOM115 / 41New4Total35
Condo
Avg/Median Rent$1,419 / $1,350Range$1,325 – $1,550Rent per Sq Ft$2 / $2Sq Ft790 / 685DOM1 / 1New3Total4
Multi-Family
Avg/Median Rent$925 / $925Range$925 – $925Rent per Sq Ft$1 / $1Sq Ft666 / 666DOM28 / 28New0Total1
Single Family
Avg/Median Rent$2,111 / $2,050Range$1,000 – $2,900Rent per Sq Ft$2 / $2Sq Ft1,369 / 1,202DOM22 / 12New4Total32
Townhouse
Avg/Median Rent$2,502 / $2,650Range$1,750 – $2,775Rent per Sq Ft$1 / $1Sq Ft1,710 / 1,905DOM85 / 22New0Total7
Rentals by Bedroom Count
Studio
Avg:$1,034Median:$950Range:$950 – $1,119PSF:$2 / $2Sq Ft:458 / 384DOM:—New:0Total:2
1 Beds
Avg:$1,210Median:$1,175Range:$940 – $1,731PSF:$2 / $2Sq Ft:672 / 630DOM:117 / 50New:3Total:29
2 Beds
Avg:$1,547Median:$1,500Range:$925 – $2,050PSF:$2 / $2Sq Ft:895 / 874DOM:37 / 3New:5Total:12
3 Beds
Avg:$2,158Median:$2,100Range:$1,500 – $2,800PSF:$2 / $2Sq Ft:1,384 / 1,248DOM:38 / 25New:2Total:32
4 Beds
Avg:$2,669Median:$2,575Range:$2,500 – $2,900PSF:$1 / $1Sq Ft:2,334 / 2,448DOM:6 / 1New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,034 | $950 | $950 – $1,119 | $2 / $2 | 458 / 384 | — | 0 | 2 |
| 1 Beds | $1,210 | $1,175 | $940 – $1,731 | $2 / $2 | 672 / 630 | 117 / 50 | 3 | 29 |
| 2 Beds | $1,547 | $1,500 | $925 – $2,050 | $2 / $2 | 895 / 874 | 37 / 3 | 5 | 12 |
| 3 Beds | $2,158 | $2,100 | $1,500 – $2,800 | $2 / $2 | 1,384 / 1,248 | 38 / 25 | 2 | 32 |
| 4 Beds | $2,669 | $2,575 | $2,500 – $2,900 | $1 / $1 | 2,334 / 2,448 | 6 / 1 | 1 | 4 |
6-Month Sales Trend
Feb 2026
Median Price:$392,000Median DOM:21New:24Total:77
Mar 2026
Median Price:$419,950Median DOM:8New:46Total:99
Apr 2026
Median Price:$418,000Median DOM:9New:63Total:135
May 2026
Median Price:$418,000Median DOM:9New:73Total:170
Jun 2026
Median Price:$415,000Median DOM:11New:43Total:150
Jul 2026
Median Price:$399,950Median DOM:11New:11Total:147
6-Month Rental Trend
Feb 2026
Median Rent:$1,500Median DOM:13New:33Total:87
Mar 2026
Median Rent:$1,640Median DOM:9New:32Total:92
Apr 2026
Median Rent:$1,679Median DOM:12New:29Total:91
May 2026
Median Rent:$1,699Median DOM:14New:32Total:91
Jun 2026
Median Rent:$1,695Median DOM:21New:23Total:83
Jul 2026
Median Rent:$1,599Median DOM:23New:11Total:79
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, 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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