ZIP 23236 Housing Market Report

Richmond Metro

Report period: August 2026

23236 Monthly Market Update – August 2026

ZIP 23236 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$420,000
0.0%
Median DOM (Sales)
20
0.0%
New Listings (Sales)
10
−78.3%
Median Rent
$2,395
0.0%
Median DOM (Rental)
19
+5.6%
Total Rental Listings
37
+8.8%

Month-over-Month Movement

Median sale prices were flat. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (10 DOM)
  • Fastest renting: Single Family (9 DOM)
  • Strongest bedroom: 6 Beds ($849,900 median)

Sales Market Overview

Median Price
$420,000
0.0%
Median DOM
20
0.0%
New Listings
10
−78.3%
Inventory
131
−0.8%
  • Average Price: $442,999
  • Median Price: $420,000
  • Price Range: $69,000 – $1,250,000
  • Price per Sq Ft (Avg/Median): $222 / $214
  • Square Footage (Avg/Median): 2,115 / 1,950
  • Square Footage Range: 800 – 7,389
  • Days on Market (Avg/Median): 32 / 20
  • Days on Market Range: 3 – 205
  • New Listings: 10
  • Total Listings: 131

Sales by Property Type

Condo
Avg/Median Price$392,780 / $385,000Range$369,000 – $440,000Price per Sq Ft$261 / $267Sq Ft1,537 / 1,461DOM44 / 10New2Total5
Land
Avg/Median Price$94,500 / $69,000Range$69,000 – $120,000Price per Sq FtSq FtDOM55 / 15New0Total2
Single Family
Avg/Median Price$442,485 / $419,500Range$254,950 – $1,250,000Price per Sq Ft$214 / $210Sq Ft2,165 / 1,999DOM29 / 20New8Total112
Townhouse
Avg/Median Price$526,805 / $525,000Range$399,950 – $664,109Price per Sq Ft$281 / $283Sq Ft1,885 / 1,840DOM65 / 20New0Total12

Sales by Bedroom Count

2 Beds
Avg:$390,704Median:$385,000Range:$258,000 – $585,638PSF:$283 / $289Sq Ft:1,404 / 1,330DOM:53 / 26New:1Total:9
3 Beds
Avg:$415,524Median:$384,500Range:$254,950 – $699,000PSF:$236 / $233Sq Ft:1,822 / 1,730DOM:31 / 13New:6Total:56
4 Beds
Avg:$451,556Median:$429,000Range:$285,000 – $780,000PSF:$201 / $203Sq Ft:2,265 / 2,210DOM:28 / 21New:2Total:54
5 Beds
Avg:$571,781Median:$584,950Range:$350,000 – $794,500PSF:$206 / $189Sq Ft:2,915 / 3,157DOM:38 / 13New:1Total:8
6 Beds
Avg:$1,049,950Median:$849,900Range:$849,900 – $1,250,000PSF:$168 / $167Sq Ft:6,244 / 5,099DOM:37 / 34New:0Total:2

Rental Market Overview

Median Rent
$2,395
0.0%
Median DOM
19
+5.6%
New Listings
7
Inventory
37
+8.8%
  • Average Rent: $2,273
  • Median Rent: $2,395
  • Rent Range: $750 – $3,345
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,633 / 1,594
  • Square Footage Range: 300 – 3,667
  • Days on Market (Avg/Median): 65 / 19
  • Days on Market Range: 1 – 354
  • New Listings: 7
  • Total Listings: 37

Rentals by Property Type

Apartment
$1,500
Median DOM: 67
Inventory: 4
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$2,450
Median DOM: 9
Inventory: 30
MoM: 0.0%
Townhouse
$2,595
Median DOM: 40
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$1,591 / $1,500Range$1,245 – $2,110Rent per Sq Ft$3 / $2Sq Ft670 / 655DOM75 / 67New1Total4
Single Family
Avg/Median Rent$2,345 / $2,450Range$750 – $3,345Rent per Sq Ft$1 / $1Sq Ft1,756 / 1,688DOM66 / 9New6Total30
Townhouse
Avg/Median Rent$2,465 / $2,595Range$2,000 – $2,800Rent per Sq Ft$1 / $1Sq Ft1,760 / 1,920DOM47 / 40New0Total3

Rentals by Bedroom Count

Studio
Avg:$2,110Median:$2,110Range:$2,110 – $2,110PSF:$7 / $7Sq Ft:300 / 300DOM:1 / 1New:1Total:1
1 Beds
Avg:$1,168Median:$1,245Range:$750 – $1,509PSF:$1 / $2Sq Ft:1,228 / 790DOM:243 / 158New:0Total:3
2 Beds
Avg:$1,610Median:$1,595Range:$1,500 – $1,695PSF:$2 / $2Sq Ft:850 / 820DOM:19 / 1New:1Total:4
3 Beds
Avg:$2,286Median:$2,300Range:$1,850 – $2,695PSF:$1 / $2Sq Ft:1,606 / 1,594DOM:32 / 15New:3Total:16
4 Beds
Avg:$2,728Median:$2,700Range:$2,200 – $3,345PSF:$1 / $1Sq Ft:2,039 / 1,872DOM:95 / 19New:2Total:13

6-Month Sales Trend

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:$420,000Median DOM:20New:46Total:132
Aug 2026
Median Price:$420,000Median DOM:20New:10Total:131

6-Month Rental Trend

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:$2,395Median DOM:18New:14Total:34
Aug 2026
Median Rent:$2,395Median DOM:19New:7Total:37

Key Market Takeaways

Median sale prices held steady 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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