ZIP 23236 Housing Market Report
Richmond Metro
Report period: July 2026
23236 Monthly Market Update – July 2026
ZIP 23236 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$415,000
+0.0%
Median DOM (Sales)
16
+23.1%
New Listings (Sales)
20
−51.2%
Median Rent
$2,450
−1.8%
Median DOM (Rental)
10
−61.5%
Total Rental Listings
37
+12.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (10 DOM)
- Fastest renting: Single Family (9 DOM)
- Strongest bedroom: 6 Beds ($875,000 median)
Sales Market Overview
Median Price
$415,000
+0.0%
Median DOM
16
+23.1%
New Listings
20
−51.2%
Inventory
137
+0.7%
- Average Price: $444,854
- Median Price: $415,000
- Price Range: $69,000 – $1,250,000
- Price per Sq Ft (Avg/Median): $218 / $211
- Square Footage (Avg/Median): 2,143 / 1,955
- Square Footage Range: 800 – 7,389
- Days on Market (Avg/Median): 29 / 16
- Days on Market Range: 2 – 200
- New Listings: 20
- Total Listings: 137
Sales by Property Type
Condo
Avg/Median Price$397,200 / $389,000Range$369,900 – $440,000Price per Sq Ft$257 / $226Sq Ft1,589 / 1,461DOM59 / 10New2Total4
Land
Avg/Median Price$104,500 / $69,000Range$69,000 – $140,000Price per Sq Ft—Sq Ft—DOM57 / 19New0Total2
Single Family
Avg/Median Price$446,397 / $414,950Range$254,950 – $1,250,000Price per Sq Ft$212 / $210Sq Ft2,185 / 2,030DOM26 / 15New16Total116
Townhouse
Avg/Median Price$491,004 / $499,900Range$249,500 – $664,109Price per Sq Ft$255 / $254Sq Ft1,966 / 1,926DOM44 / 20New2Total15
Sales by Bedroom Count
2 Beds
Avg:$393,191Median:$389,000Range:$258,000 – $585,638PSF:$279 / $267Sq Ft:1,439 / 1,461DOM:59 / 49New:2Total:7
3 Beds
Avg:$405,499Median:$385,000Range:$249,500 – $664,109PSF:$237 / $234Sq Ft:1,752 / 1,672DOM:33 / 12New:9Total:59
4 Beds
Avg:$454,454Median:$436,000Range:$285,000 – $780,000PSF:$197 / $201Sq Ft:2,327 / 2,224DOM:22 / 16New:5Total:57
5 Beds
Avg:$603,025Median:$614,950Range:$385,000 – $794,500PSF:$195 / $193Sq Ft:3,074 / 3,173DOM:28 / 26New:2Total:10
6 Beds
Avg:$1,062,500Median:$875,000Range:$875,000 – $1,250,000PSF:$170 / $169Sq Ft:6,244 / 5,099DOM:7 / 4New:2Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $393,191 | $389,000 | $258,000 – $585,638 | $279 / $267 | 1,439 / 1,461 | 59 / 49 | 2 | 7 |
| 3 Beds | $405,499 | $385,000 | $249,500 – $664,109 | $237 / $234 | 1,752 / 1,672 | 33 / 12 | 9 | 59 |
| 4 Beds | $454,454 | $436,000 | $285,000 – $780,000 | $197 / $201 | 2,327 / 2,224 | 22 / 16 | 5 | 57 |
| 5 Beds | $603,025 | $614,950 | $385,000 – $794,500 | $195 / $193 | 3,074 / 3,173 | 28 / 26 | 2 | 10 |
| 6 Beds | $1,062,500 | $875,000 | $875,000 – $1,250,000 | $170 / $169 | 6,244 / 5,099 | 7 / 4 | 2 | 2 |
Rental Market Overview
Median Rent
$2,450
−1.8%
Median DOM
10
−61.5%
New Listings
11
Inventory
37
+12.1%
- Average Rent: $2,504
- Median Rent: $2,450
- Rent Range: $750 – $7,332
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,659 / 1,559
- Square Footage Range: 300 – 3,667
- Days on Market (Avg/Median): 62 / 10
- Days on Market Range: 1 – 348
- New Listings: 11
- Total Listings: 37
Rentals by Property Type
Apartment
$1,500
Median DOM: 37
Inventory: 6
MoM: −1.8%
Condo
—
Median DOM: —
Inventory: —
MoM: −1.8%
Single Family
$2,450
Median DOM: 9
Inventory: 28
MoM: −1.8%
Townhouse
$2,595
Median DOM: 10
Inventory: 3
MoM: −1.8%
Apartment
Avg/Median Rent$3,179 / $1,500Range$1,153 – $7,332Rent per Sq Ft$3 / $2Sq Ft956 / 790DOM54 / 37New1Total6
Single Family
Avg/Median Rent$2,361 / $2,450Range$750 – $3,345Rent per Sq Ft$1 / $1Sq Ft1,782 / 1,594DOM68 / 9New8Total28
Townhouse
Avg/Median Rent$2,498 / $2,595Range$2,100 – $2,800Rent per Sq Ft$1 / $1Sq Ft1,760 / 1,920DOM20 / 10New2Total3
Rentals by Bedroom Count
Studio
Avg:$2,219Median:$2,219Range:$2,219 – $2,219PSF:$7 / $7Sq Ft:300 / 300DOM:1 / 1New:1Total:1
1 Beds
Avg:$1,113Median:$1,153Range:$750 – $1,437PSF:$1 / $1Sq Ft:1,228 / 790DOM:225 / 128New:0Total:3
2 Beds
Avg:$1,615Median:$1,650Range:$1,500 – $1,695PSF:$2 / $2Sq Ft:865 / 794DOM:13 / 1New:1Total:3
3 Beds
Avg:$2,289Median:$2,300Range:$1,850 – $2,750PSF:$1 / $2Sq Ft:1,576 / 1,498DOM:25 / 9New:6Total:17
4 Beds
Avg:$2,780Median:$2,800Range:$2,200 – $3,345PSF:$1 / $1Sq Ft:2,178 / 1,920DOM:117 / 25New:3Total:11
5 Beds
Avg:$6,382Median:$5,433Range:$5,433 – $7,332PSF:$3 / $3Sq Ft:2,098 / 2,098DOM:53 / 4New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,219 | $2,219 | $2,219 – $2,219 | $7 / $7 | 300 / 300 | 1 / 1 | 1 | 1 |
| 1 Beds | $1,113 | $1,153 | $750 – $1,437 | $1 / $1 | 1,228 / 790 | 225 / 128 | 0 | 3 |
| 2 Beds | $1,615 | $1,650 | $1,500 – $1,695 | $2 / $2 | 865 / 794 | 13 / 1 | 1 | 3 |
| 3 Beds | $2,289 | $2,300 | $1,850 – $2,750 | $1 / $2 | 1,576 / 1,498 | 25 / 9 | 6 | 17 |
| 4 Beds | $2,780 | $2,800 | $2,200 – $3,345 | $1 / $1 | 2,178 / 1,920 | 117 / 25 | 3 | 11 |
| 5 Beds | $6,382 | $5,433 | $5,433 – $7,332 | $3 / $3 | 2,098 / 2,098 | 53 / 4 | 0 | 2 |
6-Month Sales Trend
Feb 2026
Median Price:$399,995Median DOM:15New:34Total:101
Mar 2026
Median Price:$400,000Median DOM:8New:35Total:97
Apr 2026
Median Price:$415,000Median DOM:8New:36Total:99
May 2026
Median Price:$419,000Median DOM:8New:63Total:132
Jun 2026
Median Price:$414,950Median DOM:13New:41Total:136
Jul 2026
Median Price:$415,000Median DOM:16New:20Total:137
6-Month Rental Trend
Feb 2026
Median Rent:$2,400Median DOM:12New:5Total:19
Mar 2026
Median Rent:$2,400Median DOM:28New:6Total:23
Apr 2026
Median Rent:$2,400Median DOM:24New:14Total:32
May 2026
Median Rent:$2,400Median DOM:10New:10Total:37
Jun 2026
Median Rent:$2,495Median DOM:26New:9Total:33
Jul 2026
Median Rent:$2,450Median DOM:10New:11Total:37
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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