ZIP 23075 Housing Market Report
Richmond Metro
Report period: March 2026
23075 Monthly Market Update – March 2026
ZIP 23075 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$249,950
0.0%
Median DOM (Sales)
16
−36.0%
New Listings (Sales)
4
−71.4%
Median Rent
$1,695
+13.0%
Median DOM (Rental)
31
−3.1%
Total Rental Listings
23
−11.5%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (4 DOM)
- Fastest renting: Single Family (16 DOM)
- Strongest bedroom: 3 Beds ($259,000 median)
Sales Market Overview
Median Price
$249,950
0.0%
Median DOM
16
−36.0%
New Listings
4
−71.4%
Inventory
40
+11.1%
- Average Price: $250,084
- Median Price: $249,950
- Price Range: $49,000 – $389,950
- Price per Sq Ft (Avg/Median): $213 / $215
- Square Footage (Avg/Median): 1,249 / 1,084
- Square Footage Range: 826 – 2,296
- Days on Market (Avg/Median): 34 / 16
- Days on Market Range: 2 – 177
- New Listings: 4
- Total Listings: 40
Sales by Property Type
Land
Avg/Median Price$184,667 / $180,000Range$49,000 – $325,000Price per Sq Ft—Sq Ft—DOM118 / 71New0Total3
Single Family
Avg/Median Price$264,499 / $250,000Range$180,700 – $389,950Price per Sq Ft$221 / $230Sq Ft1,248 / 1,076DOM28 / 19New3Total31
Townhouse
Avg/Median Price$208,317 / $187,500Range$159,900 – $275,000Price per Sq Ft$169 / $170Sq Ft1,257 / 1,102DOM35 / 4New1Total6
Sales by Bedroom Count
2 Beds
Avg:$210,340Median:$206,750Range:$187,500 – $235,000PSF:$222 / $240Sq Ft:969 / 980DOM:30 / 13New:0Total:5
3 Beds
Avg:$261,647Median:$259,000Range:$159,900 – $389,950PSF:$214 / $223Sq Ft:1,274 / 1,076DOM:26 / 12New:4Total:29
4 Beds
Avg:$269,977Median:$224,990Range:$224,990 – $359,950PSF:$187 / $195Sq Ft:1,477 / 1,152DOM:59 / 56New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $210,340 | $206,750 | $187,500 – $235,000 | $222 / $240 | 969 / 980 | 30 / 13 | 0 | 5 |
| 3 Beds | $261,647 | $259,000 | $159,900 – $389,950 | $214 / $223 | 1,274 / 1,076 | 26 / 12 | 4 | 29 |
| 4 Beds | $269,977 | $224,990 | $224,990 – $359,950 | $187 / $195 | 1,477 / 1,152 | 59 / 56 | 0 | 3 |
Rental Market Overview
Median Rent
$1,695
+13.0%
Median DOM
31
−3.1%
New Listings
3
Inventory
23
−11.5%
- Average Rent: $1,618
- Median Rent: $1,695
- Rent Range: $1,025 – $2,200
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,050 / 1,007
- Square Footage Range: 783 – 1,729
- Days on Market (Avg/Median): 58 / 31
- Days on Market Range: 1 – 352
- New Listings: 3
- Total Listings: 23
Rentals by Property Type
Apartment
$1,395
Median DOM: 92
Inventory: 6
MoM: +13.0%
Condo
—
Median DOM: —
Inventory: —
MoM: +13.0%
Single Family
$1,700
Median DOM: 16
Inventory: 11
MoM: +13.0%
Townhouse
$1,795
Median DOM: 22
Inventory: 5
MoM: +13.0%
Apartment
Avg/Median Rent$1,392 / $1,395Range$1,025 – $1,800Rent per Sq Ft$2 / $1Sq Ft939 / 800DOM134 / 92New0Total6
Multi-Family
Avg/Median Rent$1,450 / $1,450Range$1,450 – $1,450Rent per Sq Ft$1 / $1Sq Ft1,100 / 1,100DOM17 / 17New0Total1
Single Family
Avg/Median Rent$1,738 / $1,700Range$1,400 – $2,200Rent per Sq Ft$2 / $2Sq Ft1,122 / 1,040DOM33 / 16New2Total11
Townhouse
Avg/Median Rent$1,657 / $1,795Range$1,450 – $1,795Rent per Sq Ft$2 / $2Sq Ft1,028 / 1,007DOM23 / 22New1Total5
Rentals by Bedroom Count
1 Beds
Avg:$1,700Median:$1,700Range:$1,700 – $1,700PSF:$2 / $2Sq Ft:815 / 815DOM:1 / 1New:1Total:1
2 Beds
Avg:$1,367Median:$1,400Range:$1,025 – $1,495PSF:$1 / $1Sq Ft:959 / 996DOM:104 / 77New:0Total:9
3 Beds
Avg:$1,769Median:$1,750Range:$1,500 – $2,200PSF:$2 / $2Sq Ft:1,101 / 1,053DOM:29 / 22New:2Total:12
4 Beds
Avg:$1,975Median:$1,975Range:$1,975 – $1,975PSF:$1 / $1Sq Ft:1,536 / 1,536DOM:97 / 97New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,700 | $1,700 | $1,700 – $1,700 | $2 / $2 | 815 / 815 | 1 / 1 | 1 | 1 |
| 2 Beds | $1,367 | $1,400 | $1,025 – $1,495 | $1 / $1 | 959 / 996 | 104 / 77 | 0 | 9 |
| 3 Beds | $1,769 | $1,750 | $1,500 – $2,200 | $2 / $2 | 1,101 / 1,053 | 29 / 22 | 2 | 12 |
| 4 Beds | $1,975 | $1,975 | $1,975 – $1,975 | $1 / $1 | 1,536 / 1,536 | 97 / 97 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$264,950Median DOM:44New:11Total:43
Nov 2025
Median Price:$259,900Median DOM:30New:11Total:43
Dec 2025
Median Price:$259,000Median DOM:24New:7Total:38
Jan 2026
Median Price:$254,900Median DOM:29New:7Total:29
Feb 2026
Median Price:$249,950Median DOM:25New:14Total:36
Mar 2026
Median Price:$249,950Median DOM:16New:4Total:40
6-Month Rental Trend
Oct 2025
Median Rent:$1,550Median DOM:1New:12Total:22
Nov 2025
Median Rent:$1,550Median DOM:1New:12Total:19
Dec 2025
Median Rent:$1,500Median DOM:17New:9Total:27
Jan 2026
Median Rent:$1,650Median DOM:22New:11Total:27
Feb 2026
Median Rent:$1,500Median DOM:32New:4Total:26
Mar 2026
Median Rent:$1,695Median DOM:31New:3Total:23
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory tightened.
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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