ZIP 23235 Housing Market Report
Richmond Metro
Report period: July 2026
23235 Monthly Market Update – July 2026
ZIP 23235 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$439,000
−1.3%
Median DOM (Sales)
12
0.0%
New Listings (Sales)
16
−65.2%
Median Rent
$1,950
0.0%
Median DOM (Rental)
15
+87.5%
Total Rental Listings
43
−8.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (5 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($899,000 median)
Sales Market Overview
Median Price
$439,000
−1.3%
Median DOM
12
0.0%
New Listings
16
−65.2%
Inventory
144
−2.0%
- Average Price: $540,790
- Median Price: $439,000
- Price Range: $100,000 – $3,750,000
- Price per Sq Ft (Avg/Median): $227 / $215
- Square Footage (Avg/Median): 2,333 / 2,217
- Square Footage Range: 960 – 6,591
- Days on Market (Avg/Median): 25 / 12
- Days on Market Range: 1 – 189
- New Listings: 16
- Total Listings: 144
Sales by Property Type
Condo
Avg/Median Price$309,200 / $210,000Range$199,000 – $469,500Price per Sq Ft$210 / $207Sq Ft1,443 / 1,325DOM13 / 5New0Total5
Land
Avg/Median Price$191,666 / $109,999Range$100,000 – $365,000Price per Sq Ft—Sq Ft—DOM68 / 8New0Total3
Single Family
Avg/Median Price$596,408 / $459,999Range$175,000 – $3,750,000Price per Sq Ft$230 / $218Sq Ft2,496 / 2,416DOM22 / 11New13Total113
Townhouse
Avg/Median Price$363,418 / $335,000Range$244,000 – $557,847Price per Sq Ft$212 / $214Sq Ft1,731 / 1,739DOM39 / 34New3Total23
Sales by Bedroom Count
2 Beds
Avg:$340,303Median:$309,000Range:$199,000 – $469,500PSF:$224 / $214Sq Ft:1,525 / 1,446DOM:22 / 7New:3Total:16
3 Beds
Avg:$410,465Median:$394,999Range:$175,000 – $899,900PSF:$223 / $222Sq Ft:1,885 / 1,788DOM:28 / 14New:6Total:51
4 Beds
Avg:$566,945Median:$499,000Range:$175,000 – $1,950,000PSF:$218 / $212Sq Ft:2,540 / 2,486DOM:20 / 11New:5Total:58
5 Beds
Avg:$793,168Median:$825,000Range:$445,000 – $1,275,000PSF:$235 / $231Sq Ft:3,331 / 3,375DOM:30 / 13New:2Total:11
6 Beds
Avg:$1,862,499Median:$899,000Range:$648,500 – $3,750,000PSF:$346 / $214Sq Ft:4,807 / 4,207DOM:27 / 13New:0Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $340,303 | $309,000 | $199,000 – $469,500 | $224 / $214 | 1,525 / 1,446 | 22 / 7 | 3 | 16 |
| 3 Beds | $410,465 | $394,999 | $175,000 – $899,900 | $223 / $222 | 1,885 / 1,788 | 28 / 14 | 6 | 51 |
| 4 Beds | $566,945 | $499,000 | $175,000 – $1,950,000 | $218 / $212 | 2,540 / 2,486 | 20 / 11 | 5 | 58 |
| 5 Beds | $793,168 | $825,000 | $445,000 – $1,275,000 | $235 / $231 | 3,331 / 3,375 | 30 / 13 | 2 | 11 |
| 6 Beds | $1,862,499 | $899,000 | $648,500 – $3,750,000 | $346 / $214 | 4,807 / 4,207 | 27 / 13 | 0 | 5 |
Rental Market Overview
Median Rent
$1,950
0.0%
Median DOM
15
+87.5%
New Listings
5
Inventory
43
−8.5%
- Average Rent: $1,988
- Median Rent: $1,950
- Rent Range: $880 – $3,000
- Rent per Sq Ft (Avg/Median): $2 / $1
- Square Footage (Avg/Median): 1,441 / 1,296
- Square Footage Range: 647 – 3,113
- Days on Market (Avg/Median): 32 / 15
- Days on Market Range: 1 – 232
- New Listings: 5
- Total Listings: 43
Rentals by Property Type
Apartment
$1,545
Median DOM: 72
Inventory: 9
MoM: 0.0%
Condo
$1,525
Median DOM: 61
Inventory: 3
MoM: 0.0%
Single Family
$2,300
Median DOM: 1
Inventory: 22
MoM: 0.0%
Townhouse
$1,600
Median DOM: 8
Inventory: 9
MoM: 0.0%
Apartment
Avg/Median Rent$1,614 / $1,545Range$1,464 – $2,000Rent per Sq Ft$2 / $2Sq Ft863 / 856DOM110 / 72New0Total9
Condo
Avg/Median Rent$1,352 / $1,525Range$880 – $1,650Rent per Sq Ft$2 / $2Sq Ft960 / 957DOM57 / 61New1Total3
Single Family
Avg/Median Rent$2,398 / $2,300Range$1,895 – $3,000Rent per Sq Ft$1 / $1Sq Ft1,809 / 1,610DOM16 / 1New2Total22
Townhouse
Avg/Median Rent$1,573 / $1,600Range$1,095 – $1,895Rent per Sq Ft$1 / $1Sq Ft1,199 / 1,200DOM27 / 8New2Total9
Rentals by Bedroom Count
1 Beds
Avg:$1,543Median:$1,537Range:$880 – $2,000PSF:$2 / $2Sq Ft:819 / 800DOM:107 / 61New:0Total:8
2 Beds
Avg:$1,760Median:$1,650Range:$1,095 – $2,950PSF:$1 / $1Sq Ft:1,186 / 1,160DOM:47 / 30New:2Total:11
3 Beds
Avg:$2,051Median:$2,000Range:$1,395 – $2,695PSF:$1 / $1Sq Ft:1,554 / 1,470DOM:15 / 1New:3Total:15
4 Beds
Avg:$2,499Median:$2,350Range:$2,100 – $3,000PSF:$1 / $1Sq Ft:1,888 / 1,670DOM:6 / 1New:0Total:6
5 Beds
Avg:$2,600Median:$2,500Range:$2,500 – $2,700PSF:$1 / $1Sq Ft:2,130 / 1,961DOM:25 / 21New:0Total:2
6 Beds
Avg:$2,836Median:$2,836Range:$2,836 – $2,836PSF:$1 / $1Sq Ft:2,961 / 2,961DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,543 | $1,537 | $880 – $2,000 | $2 / $2 | 819 / 800 | 107 / 61 | 0 | 8 |
| 2 Beds | $1,760 | $1,650 | $1,095 – $2,950 | $1 / $1 | 1,186 / 1,160 | 47 / 30 | 2 | 11 |
| 3 Beds | $2,051 | $2,000 | $1,395 – $2,695 | $1 / $1 | 1,554 / 1,470 | 15 / 1 | 3 | 15 |
| 4 Beds | $2,499 | $2,350 | $2,100 – $3,000 | $1 / $1 | 1,888 / 1,670 | 6 / 1 | 0 | 6 |
| 5 Beds | $2,600 | $2,500 | $2,500 – $2,700 | $1 / $1 | 2,130 / 1,961 | 25 / 21 | 0 | 2 |
| 6 Beds | $2,836 | $2,836 | $2,836 – $2,836 | $1 / $1 | 2,961 / 2,961 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$434,990Median DOM:10New:39Total:113
Mar 2026
Median Price:$439,000Median DOM:11New:37Total:112
Apr 2026
Median Price:$439,000Median DOM:7New:58Total:122
May 2026
Median Price:$439,000Median DOM:7New:70Total:152
Jun 2026
Median Price:$445,000Median DOM:12New:46Total:147
Jul 2026
Median Price:$439,000Median DOM:12New:16Total:144
6-Month Rental Trend
Feb 2026
Median Rent:$1,995Median DOM:1New:14Total:40
Mar 2026
Median Rent:$1,950Median DOM:8New:20Total:38
Apr 2026
Median Rent:$2,050Median DOM:3New:22Total:47
May 2026
Median Rent:$1,995Median DOM:10New:16Total:45
Jun 2026
Median Rent:$1,950Median DOM:8New:17Total:47
Jul 2026
Median Rent:$1,950Median DOM:15New:5Total:43
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady 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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