ZIP 23230 Housing Market Report

Richmond Metro

Report period: July 2026

23230 Monthly Market Update – July 2026

ZIP 23230 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$459,950
0.0%
Median DOM (Sales)
28
+40.0%
New Listings (Sales)
1
−93.8%
Median Rent
$1,730
+0.2%
Median DOM (Rental)
21
+5.0%
Total Rental Listings
65
−1.5%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (11 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 4 Beds ($584,895 median)

Sales Market Overview

Median Price
$459,950
0.0%
Median DOM
28
+40.0%
New Listings
1
−93.8%
Inventory
53
−8.6%
  • Average Price: $476,999
  • Median Price: $459,950
  • Price Range: $195,000 – $959,000
  • Price per Sq Ft (Avg/Median): $294 / $283
  • Square Footage (Avg/Median): 1,674 / 1,518
  • Square Footage Range: 470 – 3,442
  • Days on Market (Avg/Median): 37 / 28
  • Days on Market Range: 3 – 132
  • New Listings: 1
  • Total Listings: 53

Sales by Property Type

Condo
Avg/Median Price$389,973 / $368,000Range$195,000 – $599,595Price per Sq Ft$282 / $276Sq Ft1,436 / 1,295DOM51 / 49New0Total24
Single Family
Avg/Median Price$554,695 / $540,000Range$327,999 – $959,000Price per Sq Ft$294 / $279Sq Ft1,932 / 1,811DOM28 / 11New0Total24
Townhouse
Avg/Median Price$521,780 / $529,000Range$385,000 – $625,000Price per Sq Ft$352 / $315Sq Ft1,580 / 1,224DOM16 / 16New1Total5

Sales by Bedroom Count

1 Beds
Avg:$225,190Median:$239,000Range:$195,000 – $248,950PSF:$304 / $291Sq Ft:770 / 820DOM:42 / 50New:0Total:5
2 Beds
Avg:$390,629Median:$368,000Range:$309,950 – $529,000PSF:$314 / $303Sq Ft:1,259 / 1,224DOM:42 / 22New:0Total:14
3 Beds
Avg:$506,806Median:$499,950Range:$327,999 – $715,000PSF:$294 / $283Sq Ft:1,771 / 1,696DOM:28 / 11New:1Total:23
4 Beds
Avg:$639,058Median:$584,895Range:$375,000 – $959,000PSF:$264 / $241Sq Ft:2,411 / 2,470DOM:50 / 44New:0Total:11

Rental Market Overview

Median Rent
$1,730
+0.2%
Median DOM
21
+5.0%
New Listings
6
Inventory
65
−1.5%
  • Average Rent: $1,948
  • Median Rent: $1,730
  • Rent Range: $1,349 – $3,700
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 940 / 704
  • Square Footage Range: 300 – 2,475
  • Days on Market (Avg/Median): 69 / 21
  • Days on Market Range: 1 – 359
  • New Listings: 6
  • Total Listings: 65

Rentals by Property Type

Apartment
$1,600
Median DOM: 64
Inventory: 42
MoM: +0.2%
Condo
$1,425
Median DOM: 1
Inventory: 4
MoM: +0.2%
Single Family
$2,450
Median DOM: 1
Inventory: 17
MoM: +0.2%
Townhouse
$2,700
Median DOM: 3
Inventory: 2
MoM: +0.2%
Apartment
Avg/Median Rent$1,705 / $1,600Range$1,349 – $3,200Rent per Sq Ft$3 / $3Sq Ft668 / 603DOM115 / 64New2Total42
Condo
Avg/Median Rent$2,049 / $1,425Range$1,425 – $2,695Rent per Sq Ft$2 / $2Sq Ft1,262 / 521DOM13 / 1New0Total4
Single Family
Avg/Median Rent$2,398 / $2,450Range$1,600 – $3,700Rent per Sq Ft$2 / $2Sq Ft1,369 / 1,299DOM12 / 1New4Total17
Townhouse
Avg/Median Rent$3,000 / $2,700Range$2,700 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,536 / 1,517DOM18 / 3New0Total2

Rentals by Bedroom Count

Studio
Avg:$1,690Median:$1,586Range:$1,349 – $2,489PSF:$4 / $3Sq Ft:479 / 507DOM:141 / 1New:2Total:11
1 Beds
Avg:$1,586Median:$1,549Range:$1,354 – $2,395PSF:$3 / $2Sq Ft:622 / 595DOM:115 / 110New:0Total:22
2 Beds
Avg:$1,859Median:$1,829Range:$1,495 – $2,650PSF:$2 / $2Sq Ft:1,068 / 1,000DOM:49 / 19New:0Total:14
3 Beds
Avg:$2,575Median:$2,500Range:$1,650 – $3,700PSF:$2 / $2Sq Ft:1,363 / 1,299DOM:15 / 1New:2Total:13
4 Beds
Avg:$2,720Median:$2,700Range:$2,350 – $3,200PSF:$1 / $1Sq Ft:1,864 / 1,851DOM:12 / 9New:2Total:5

6-Month Sales Trend

Feb 2026
Median Price:$459,000Median DOM:43New:8Total:50
Mar 2026
Median Price:$477,330Median DOM:25New:18Total:45
Apr 2026
Median Price:$524,995Median DOM:10New:21Total:48
May 2026
Median Price:$478,830Median DOM:11New:26Total:63
Jun 2026
Median Price:$459,950Median DOM:20New:16Total:58
Jul 2026
Median Price:$459,950Median DOM:28New:1Total:53

6-Month Rental Trend

Feb 2026
Median Rent:$1,650Median DOM:31New:12Total:50
Mar 2026
Median Rent:$1,650Median DOM:37New:9Total:47
Apr 2026
Median Rent:$1,695Median DOM:39New:18Total:55
May 2026
Median Rent:$1,696Median DOM:24New:20Total:63
Jun 2026
Median Rent:$1,726Median DOM:20New:18Total:66
Jul 2026
Median Rent:$1,730Median DOM:21New:6Total:65

Key Market Takeaways

Median sale prices held steady 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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