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 Ft—Sq Ft—DOM114 / 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
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $99,900 | $99,900 | $99,900 – $99,900 | $128 / $128 | 780 / 780 | 142 / 142 | 0 | 1 |
| 2 Beds | $281,225 | $175,000 | $125,000 – $425,000 | $220 / $184 | 1,337 / 747 | 11 / 4 | 1 | 4 |
| 3 Beds | $439,739 | $399,000 | $170,000 – $1,275,000 | $258 / $261 | 1,691 / 1,652 | 48 / 34 | 3 | 47 |
| 4 Beds | $750,634 | $669,900 | $349,000 – $1,450,000 | $256 / $252 | 2,911 / 2,805 | 59 / 33 | 7 | 51 |
| 5 Beds | $1,001,055 | $935,000 | $539,995 – $1,550,000 | $234 / $247 | 4,304 / 4,321 | 30 / 13 | 1 | 9 |
| 6 Beds | $704,997 | $650,000 | $525,000 – $939,990 | $186 / $179 | 3,763 / 3,700 | 35 / 33 | 0 | 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
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,500 | $1,500 | $1,500 – $1,500 | $1 / $1 | 1,200 / 1,200 | 49 / 49 | 0 | 1 |
| 3 Beds | $2,052 | $2,100 | $1,495 – $2,600 | $2 / $2 | 1,218 / 1,158 | 22 / 28 | 2 | 9 |
| 4 Beds | $2,350 | $2,500 | $2,050 – $2,500 | $1 / $1 | 1,688 / 1,624 | 11 / 1 | 1 | 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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