ZIP 23226 Housing Market Report

Richmond Metro

Report period: August 2026

23226 Monthly Market Update – August 2026

ZIP 23226 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$629,950
+5.2%
Median DOM (Sales)
14
0.0%
New Listings (Sales)
5
−80.0%
Median Rent
$2,250
0.0%
Median DOM (Rental)
4
0.0%
Total Rental Listings
48
+6.7%

Month-over-Month Movement

Median sale prices moved higher. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (8 DOM)
  • Fastest renting: Townhouse (1 DOM)
  • Strongest bedroom: 5 Beds ($1,425,000 median)

Sales Market Overview

Median Price
$629,950
+5.2%
Median DOM
14
0.0%
New Listings
5
−80.0%
Inventory
103
−1.0%
  • Average Price: $981,035
  • Median Price: $629,950
  • Price Range: $199,000 – $9,995,000
  • Price per Sq Ft (Avg/Median): $386 / $375
  • Square Footage (Avg/Median): 2,270 / 1,799
  • Square Footage Range: 650 – 9,710
  • Days on Market (Avg/Median): 29 / 14
  • Days on Market Range: 2 – 281
  • New Listings: 5
  • Total Listings: 103

Sales by Property Type

Condo
Avg/Median Price$508,245 / $415,000Range$255,000 – $995,000Price per Sq Ft$377 / $388Sq Ft1,376 / 1,106DOM27 / 13New0Total10
Land
Avg/Median Price$495,000 / $495,000Range$495,000 – $495,000Price per Sq FtSq FtDOM12 / 12New0Total1
Multi-Family
Avg/Median Price$638,500 / $485,000Range$449,000 – $1,095,000Price per Sq Ft$321 / $270Sq Ft1,929 / 1,799DOM61 / 54New0Total4
Single Family
Avg/Median Price$1,042,677 / $649,000Range$199,000 – $9,995,000Price per Sq Ft$387 / $371Sq Ft2,368 / 1,834DOM28 / 12New5Total86
Townhouse
Avg/Median Price$1,622,500 / $1,595,000Range$1,595,000 – $1,650,000Price per Sq Ft$509 / $505Sq Ft3,190 / 3,114DOM12 / 8New0Total2

Sales by Bedroom Count

1 Beds
Avg:$255,000Median:$255,000Range:$255,000 – $255,000PSF:$392 / $392Sq Ft:650 / 650DOM:32 / 32New:0Total:1
2 Beds
Avg:$466,445Median:$385,000Range:$310,000 – $719,000PSF:$377 / $388Sq Ft:1,227 / 1,106DOM:26 / 12New:0Total:10
3 Beds
Avg:$629,093Median:$555,000Range:$199,000 – $1,690,000PSF:$359 / $363Sq Ft:1,725 / 1,700DOM:23 / 14New:4Total:46
4 Beds
Avg:$1,254,141Median:$849,000Range:$399,000 – $9,995,000PSF:$407 / $380Sq Ft:2,679 / 2,461DOM:25 / 11New:1Total:35
5 Beds
Avg:$2,279,895Median:$1,425,000Range:$550,000 – $7,995,000PSF:$448 / $409Sq Ft:4,548 / 3,061DOM:72 / 45New:0Total:10

Rental Market Overview

Median Rent
$2,250
0.0%
Median DOM
4
0.0%
New Listings
12
Inventory
48
+6.7%
  • Average Rent: $2,339
  • Median Rent: $2,250
  • Rent Range: $1,000 – $4,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,238 / 1,224
  • Square Footage Range: 616 – 2,300
  • Days on Market (Avg/Median): 19 / 4
  • Days on Market Range: 1 – 169
  • New Listings: 12
  • Total Listings: 48

Rentals by Property Type

Apartment
$1,650
Median DOM: 13
Inventory: 8
MoM: 0.0%
Condo
$4,000
Median DOM: 50
Inventory: 1
MoM: 0.0%
Single Family
$2,399
Median DOM: 4
Inventory: 37
MoM: 0.0%
Townhouse
$1,980
Median DOM: 1
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$1,798 / $1,650Range$1,000 – $2,600Rent per Sq Ft$2 / $2Sq Ft890 / 700DOM45 / 13New0Total8
Condo
Avg/Median Rent$4,000 / $4,000Range$4,000 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,633 / 1,633DOM50 / 50New0Total1
Single Family
Avg/Median Rent$2,425 / $2,399Range$1,350 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,326 / 1,306DOM15 / 4New12Total37
Townhouse
Avg/Median Rent$2,090 / $1,980Range$1,980 – $2,200Rent per Sq Ft$2 / $2Sq Ft886 / 673DOM22 / 1New0Total2

Rentals by Bedroom Count

1 Beds
Avg:$1,779Median:$1,650Range:$1,577 – $2,040PSF:$2 / $3Sq Ft:753 / 673DOM:57 / 13New:0Total:5
2 Beds
Avg:$2,125Median:$2,100Range:$1,000 – $4,000PSF:$2 / $2Sq Ft:975 / 816DOM:20 / 12New:1Total:10
3 Beds
Avg:$2,374Median:$2,350Range:$1,350 – $4,000PSF:$2 / $2Sq Ft:1,343 / 1,306DOM:16 / 4New:7Total:24
4 Beds
Avg:$2,798Median:$2,550Range:$2,200 – $3,500PSF:$2 / $2Sq Ft:1,541 / 1,440DOM:8 / 1New:4Total:9

6-Month Sales Trend

Mar 2026
Median Price:$649,950Median DOM:10New:35Total:73
Apr 2026
Median Price:$699,000Median DOM:8New:37Total:86
May 2026
Median Price:$699,000Median DOM:9New:51Total:107
Jun 2026
Median Price:$650,000Median DOM:12New:43Total:111
Jul 2026
Median Price:$599,000Median DOM:14New:25Total:104
Aug 2026
Median Price:$629,950Median DOM:14New:5Total:103

6-Month Rental Trend

Mar 2026
Median Rent:$2,341Median DOM:6New:21Total:42
Apr 2026
Median Rent:$2,350Median DOM:8New:10Total:40
May 2026
Median Rent:$2,350Median DOM:7New:22Total:40
Jun 2026
Median Rent:$2,300Median DOM:7New:23Total:48
Jul 2026
Median Rent:$2,250Median DOM:4New:21Total:45
Aug 2026
Median Rent:$2,250Median DOM:4New:12Total:48

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 increased.

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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