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 FtSq FtDOM57 / 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

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

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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