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 Ft—Sq Ft—DOM55 / 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
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $390,704 | $385,000 | $258,000 – $585,638 | $283 / $289 | 1,404 / 1,330 | 53 / 26 | 1 | 9 |
| 3 Beds | $415,524 | $384,500 | $254,950 – $699,000 | $236 / $233 | 1,822 / 1,730 | 31 / 13 | 6 | 56 |
| 4 Beds | $451,556 | $429,000 | $285,000 – $780,000 | $201 / $203 | 2,265 / 2,210 | 28 / 21 | 2 | 54 |
| 5 Beds | $571,781 | $584,950 | $350,000 – $794,500 | $206 / $189 | 2,915 / 3,157 | 38 / 13 | 1 | 8 |
| 6 Beds | $1,049,950 | $849,900 | $849,900 – $1,250,000 | $168 / $167 | 6,244 / 5,099 | 37 / 34 | 0 | 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
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,110 | $2,110 | $2,110 – $2,110 | $7 / $7 | 300 / 300 | 1 / 1 | 1 | 1 |
| 1 Beds | $1,168 | $1,245 | $750 – $1,509 | $1 / $2 | 1,228 / 790 | 243 / 158 | 0 | 3 |
| 2 Beds | $1,610 | $1,595 | $1,500 – $1,695 | $2 / $2 | 850 / 820 | 19 / 1 | 1 | 4 |
| 3 Beds | $2,286 | $2,300 | $1,850 – $2,695 | $1 / $2 | 1,606 / 1,594 | 32 / 15 | 3 | 16 |
| 4 Beds | $2,728 | $2,700 | $2,200 – $3,345 | $1 / $1 | 2,039 / 1,872 | 95 / 19 | 2 | 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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