ZIP 23139 Housing Market Report

Richmond Metro

Report period: March 2026

23139 Monthly Market Update – March 2026

ZIP 23139 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$469,900
+1.1%
Median DOM (Sales)
32
−20.0%
New Listings (Sales)
15
−63.4%
Median Rent
$2,100
+2.4%
Median DOM (Rental)
28
+47.4%
Total Rental Listings
13
+8.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Manufactured (9 DOM)
  • Fastest renting: Single Family (17 DOM)
  • Strongest bedroom: 5 Beds ($935,000 median)

Sales Market Overview

Median Price
$469,900
+1.1%
Median DOM
32
−20.0%
New Listings
15
−63.4%
Inventory
143
+0.7%
  • Average Price: $594,256
  • Median Price: $469,900
  • Price Range: $20,000 – $4,800,000
  • Price per Sq Ft (Avg/Median): $251 / $252
  • Square Footage (Avg/Median): 2,470 / 2,233
  • Square Footage Range: 600 – 6,157
  • Days on Market (Avg/Median): 63 / 32
  • Days on Market Range: 1 – 350
  • New Listings: 15
  • Total Listings: 143

Sales by Property Type

Land
Avg/Median Price$488,543 / $287,000Range$20,000 – $4,800,000Price per Sq FtSq FtDOM114 / 42New3Total28
Manufactured
Avg/Median Price$247,000 / $260,000Range$170,000 – $311,000Price per Sq Ft$181 / $192Sq Ft1,365 / 1,272DOM25 / 9New0Total3
Single Family
Avg/Median Price$629,985 / $535,000Range$99,900 – $1,550,000Price per Sq Ft$253 / $252Sq Ft2,500 / 2,252DOM52 / 28New12Total112

Sales by Bedroom Count

1 Beds
Avg:$99,900Median:$99,900Range:$99,900 – $99,900PSF:$128 / $128Sq Ft:780 / 780DOM:142 / 142New:0Total:1
2 Beds
Avg:$281,225Median:$175,000Range:$125,000 – $425,000PSF:$220 / $184Sq Ft:1,337 / 747DOM:11 / 4New:1Total:4
3 Beds
Avg:$439,739Median:$399,000Range:$170,000 – $1,275,000PSF:$258 / $261Sq Ft:1,691 / 1,652DOM:48 / 34New:3Total:47
4 Beds
Avg:$750,634Median:$669,900Range:$349,000 – $1,450,000PSF:$256 / $252Sq Ft:2,911 / 2,805DOM:59 / 33New:7Total:51
5 Beds
Avg:$1,001,055Median:$935,000Range:$539,995 – $1,550,000PSF:$234 / $247Sq Ft:4,304 / 4,321DOM:30 / 13New:1Total:9
6 Beds
Avg:$704,997Median:$650,000Range:$525,000 – $939,990PSF:$186 / $179Sq Ft:3,763 / 3,700DOM:35 / 33New:0Total:3

Rental Market Overview

Median Rent
$2,100
+2.4%
Median DOM
28
+47.4%
New Listings
3
Inventory
13
+8.3%
  • Average Rent: $2,078
  • Median Rent: $2,100
  • Rent Range: $1,495 – $2,600
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,325 / 1,200
  • Square Footage Range: 988 – 2,000
  • Days on Market (Avg/Median): 22 / 28
  • Days on Market Range: 1 – 54
  • New Listings: 3
  • Total Listings: 13

Rentals by Property Type

Apartment
$1,500
Median DOM: 31
Inventory: 2
MoM: +2.4%
Condo
Median DOM:
Inventory:
MoM: +2.4%
Single Family
$2,100
Median DOM: 17
Inventory: 11
MoM: +2.4%
Townhouse
Median DOM:
Inventory:
MoM: +2.4%
Apartment
Avg/Median Rent$2,000 / $1,500Range$1,500 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,412 / 1,200DOM40 / 31New0Total2
Single Family
Avg/Median Rent$2,092 / $2,100Range$1,495 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,309 / 1,196DOM18 / 17New3Total11

Rentals by Bedroom Count

2 Beds
Avg:$1,500Median:$1,500Range:$1,500 – $1,500PSF:$1 / $1Sq Ft:1,200 / 1,200DOM:49 / 49New:0Total:1
3 Beds
Avg:$2,052Median:$2,100Range:$1,495 – $2,600PSF:$2 / $2Sq Ft:1,218 / 1,158DOM:22 / 28New:2Total:9
4 Beds
Avg:$2,350Median:$2,500Range:$2,050 – $2,500PSF:$1 / $1Sq Ft:1,688 / 1,624DOM:11 / 1New:1Total:3

6-Month Sales Trend

Oct 2025
Median Price:$539,950Median DOM:36New:58Total:199
Nov 2025
Median Price:$520,000Median DOM:45New:35Total:188
Dec 2025
Median Price:$515,000Median DOM:60New:25Total:156
Jan 2026
Median Price:$495,000Median DOM:48New:38Total:136
Feb 2026
Median Price:$464,900Median DOM:40New:41Total:142
Mar 2026
Median Price:$469,900Median DOM:32New:15Total:143

6-Month Rental Trend

Oct 2025
Median Rent:$2,400Median DOM:4New:2Total:13
Nov 2025
Median Rent:$2,000Median DOM:9New:3Total:7
Dec 2025
Median Rent:$2,050Median DOM:9New:1Total:5
Jan 2026
Median Rent:$2,050Median DOM:7New:10Total:11
Feb 2026
Median Rent:$2,050Median DOM:19New:5Total:12
Mar 2026
Median Rent:$2,100Median DOM:28New:3Total:13

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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