ZIP 23069 Housing Market Report

Richmond Metro

Report period: March 2026

23069 Monthly Market Update – March 2026

ZIP 23069 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$349,900
−15.7%
Median DOM (Sales)
25
−51.0%
New Listings (Sales)
2
+100.0%
Median Rent
$2,295
Median DOM (Rental)
1
Total Rental Listings
1

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved.

What's Moving Fastest

  • Fastest selling: Land (9 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 4 Beds ($439,900 median)

Sales Market Overview

Median Price
$349,900
−15.7%
Median DOM
25
−51.0%
New Listings
2
+100.0%
Inventory
14
+7.7%
  • Average Price: $416,586
  • Median Price: $349,900
  • Price Range: $40,000 – $1,270,000
  • Price per Sq Ft (Avg/Median): $273 / $244
  • Square Footage (Avg/Median): 1,771 / 1,708
  • Square Footage Range: 896 – 3,151
  • Days on Market (Avg/Median): 48 / 25
  • Days on Market Range: 4 – 168
  • New Listings: 2
  • Total Listings: 14

Sales by Property Type

Land
Avg/Median Price$40,000 / $40,000Range$40,000 – $40,000Price per Sq FtSq FtDOM37 / 9New0Total2
Single Family
Avg/Median Price$479,350 / $415,000Range$272,900 – $1,270,000Price per Sq Ft$273 / $244Sq Ft1,771 / 1,708DOM49 / 25New2Total12

Sales by Bedroom Count

2 Beds
Avg:$275,000Median:$275,000Range:$275,000 – $275,000PSF:$307 / $307Sq Ft:896 / 896DOM:62 / 62New:0Total:1
3 Beds
Avg:$503,730Median:$415,000Range:$272,900 – $1,270,000PSF:$273 / $226Sq Ft:1,855 / 1,708DOM:52 / 25New:1Total:10
4 Beds
Avg:$439,900Median:$439,900Range:$439,900 – $439,900PSF:$244 / $244Sq Ft:1,803 / 1,803DOM:7 / 7New:1Total:1

Rental Market Overview

Median Rent
$2,295
Median DOM
1
New Listings
0
Inventory
1
  • Average Rent: $2,295
  • Median Rent: $2,295
  • Rent Range: $2,295 – $2,295
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,458 / 1,458
  • Square Footage Range: 1,458 – 1,458
  • Days on Market (Avg/Median): 1 / 1
  • Days on Market Range: 1 – 1
  • New Listings: 0
  • Total Listings: 1

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM:
Condo
Median DOM:
Inventory:
MoM:
Single Family
$2,295
Median DOM: 1
Inventory: 1
MoM:
Townhouse
Median DOM:
Inventory:
MoM:
Single Family
Avg/Median Rent$2,295 / $2,295Range$2,295 – $2,295Rent per Sq Ft$2 / $2Sq Ft1,458 / 1,458DOM1 / 1New0Total1

Rentals by Bedroom Count

3 Beds
Avg:$2,295Median:$2,295Range:$2,295 – $2,295PSF:$2 / $2Sq Ft:1,458 / 1,458DOM:1 / 1New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$369,900Median DOM:88New:1Total:10
Nov 2025
Median Price:$369,900Median DOM:104New:1Total:9
Dec 2025
Median Price:$379,950Median DOM:104New:1Total:9
Jan 2026
Median Price:$365,000Median DOM:22New:9Total:12
Feb 2026
Median Price:$415,000Median DOM:51New:1Total:13
Mar 2026
Median Price:$349,900Median DOM:25New:2Total:14

6-Month Rental Trend

Trend data unavailable.
Oct 2025
Median Rent:$2,295Median DOM:1New:0Total:1

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory was flat.

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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