ZIP 23150 Housing Market Report
Richmond Metro
Report period: March 2026
23150 Monthly Market Update – March 2026
ZIP 23150 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$329,900
−0.0%
Median DOM (Sales)
23
+21.1%
New Listings (Sales)
9
−62.5%
Median Rent
$1,795
+2.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
17
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher.
What's Moving Fastest
- Fastest selling: Single Family (9 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($3,280,000 median)
Sales Market Overview
Median Price
$329,900
−0.0%
Median DOM
23
+21.1%
New Listings
9
−62.5%
Inventory
77
+5.5%
- Average Price: $368,022
- Median Price: $329,900
- Price Range: $130,000 – $3,280,000
- Price per Sq Ft (Avg/Median): $232 / $233
- Square Footage (Avg/Median): 1,599 / 1,336
- Square Footage Range: 793 – 9,315
- Days on Market (Avg/Median): 49 / 23
- Days on Market Range: 1 – 364
- New Listings: 9
- Total Listings: 77
Sales by Property Type
Condo
Avg/Median Price$251,323 / $249,990Range$239,990 – $272,990Price per Sq Ft$262 / $258Sq Ft960 / 931DOM84 / 28New0Total6
Land
Avg/Median Price$264,790 / $194,950Range$130,000 – $475,000Price per Sq Ft—Sq Ft—DOM190 / 23New0Total5
Single Family
Avg/Median Price$409,684 / $329,900Range$179,900 – $3,280,000Price per Sq Ft$226 / $223Sq Ft1,761 / 1,426DOM32 / 9New9Total44
Townhouse
Avg/Median Price$339,985 / $334,990Range$309,000 – $381,620Price per Sq Ft$236 / $241Sq Ft1,450 / 1,336DOM48 / 40New0Total22
Sales by Bedroom Count
2 Beds
Avg:$308,553Median:$249,990Range:$225,000 – $699,950PSF:$269 / $269Sq Ft:1,138 / 931DOM:83 / 78New:0Total:9
3 Beds
Avg:$324,631Median:$327,450Range:$179,900 – $496,950PSF:$233 / $239Sq Ft:1,409 / 1,336DOM:34 / 18New:7Total:48
4 Beds
Avg:$383,888Median:$364,999Range:$234,950 – $599,950PSF:$196 / $195Sq Ft:1,997 / 1,728DOM:41 / 15New:2Total:14
5 Beds
Avg:$3,280,000Median:$3,280,000Range:$3,280,000 – $3,280,000PSF:$352 / $352Sq Ft:9,315 / 9,315DOM:15 / 15New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $308,553 | $249,990 | $225,000 – $699,950 | $269 / $269 | 1,138 / 931 | 83 / 78 | 0 | 9 |
| 3 Beds | $324,631 | $327,450 | $179,900 – $496,950 | $233 / $239 | 1,409 / 1,336 | 34 / 18 | 7 | 48 |
| 4 Beds | $383,888 | $364,999 | $234,950 – $599,950 | $196 / $195 | 1,997 / 1,728 | 41 / 15 | 2 | 14 |
| 5 Beds | $3,280,000 | $3,280,000 | $3,280,000 – $3,280,000 | $352 / $352 | 9,315 / 9,315 | 15 / 15 | 0 | 1 |
Rental Market Overview
Median Rent
$1,795
+2.6%
Median DOM
1
0.0%
New Listings
3
Inventory
17
0.0%
- Average Rent: $1,819
- Median Rent: $1,795
- Rent Range: $750 – $2,800
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,183 / 1,091
- Square Footage Range: 894 – 1,500
- Days on Market (Avg/Median): 29 / 1
- Days on Market Range: 1 – 188
- New Listings: 3
- Total Listings: 17
Rentals by Property Type
Apartment
$1,744
Median DOM: 64
Inventory: 1
MoM: +2.6%
Condo
$1,795
Median DOM: 1
Inventory: 2
MoM: +2.6%
Single Family
$1,750
Median DOM: 1
Inventory: 12
MoM: +2.6%
Townhouse
$2,050
Median DOM: 10
Inventory: 2
MoM: +2.6%
Apartment
Avg/Median Rent$1,744 / $1,744Range$1,744 – $1,744Rent per Sq Ft$2 / $2Sq Ft906 / 906DOM64 / 64New0Total1
Condo
Avg/Median Rent$1,795 / $1,795Range$1,795 – $1,795Rent per Sq Ft$2 / $2Sq Ft1,091 / 1,091DOM1 / 1New1Total2
Single Family
Avg/Median Rent$1,790 / $1,750Range$750 – $2,800Rent per Sq Ft$2 / $2Sq Ft1,199 / 1,088DOM30 / 1New2Total12
Townhouse
Avg/Median Rent$2,050 / $2,050Range$2,050 – $2,050Rent per Sq Ft$2 / $2Sq Ft1,336 / 1,336DOM35 / 10New0Total2
Rentals by Bedroom Count
1 Beds
Avg:$875Median:$750Range:$750 – $1,000PSF:$1 / $1Sq Ft:1,336 / 1,336DOM:65 / 10New:0Total:2
2 Beds
Avg:$1,778Median:$1,795Range:$1,744 – $1,795PSF:$2 / $2Sq Ft:1,029 / 1,091DOM:22 / 1New:1Total:3
3 Beds
Avg:$1,995Median:$1,995Range:$1,595 – $2,800PSF:$2 / $2Sq Ft:1,192 / 1,088DOM:27 / 1New:2Total:11
4 Beds
Avg:$1,895Median:$1,895Range:$1,895 – $1,895PSF:$1 / $1Sq Ft:1,400 / 1,400DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $875 | $750 | $750 – $1,000 | $1 / $1 | 1,336 / 1,336 | 65 / 10 | 0 | 2 |
| 2 Beds | $1,778 | $1,795 | $1,744 – $1,795 | $2 / $2 | 1,029 / 1,091 | 22 / 1 | 1 | 3 |
| 3 Beds | $1,995 | $1,995 | $1,595 – $2,800 | $2 / $2 | 1,192 / 1,088 | 27 / 1 | 2 | 11 |
| 4 Beds | $1,895 | $1,895 | $1,895 – $1,895 | $1 / $1 | 1,400 / 1,400 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$329,950Median DOM:33New:25Total:96
Nov 2025
Median Price:$340,205Median DOM:32New:27Total:90
Dec 2025
Median Price:$337,715Median DOM:33New:21Total:77
Jan 2026
Median Price:$341,110Median DOM:32New:23Total:73
Feb 2026
Median Price:$329,990Median DOM:19New:24Total:73
Mar 2026
Median Price:$329,900Median DOM:23New:9Total:77
6-Month Rental Trend
Oct 2025
Median Rent:$2,050Median DOM:12New:9Total:17
Nov 2025
Median Rent:$2,000Median DOM:7New:9Total:20
Dec 2025
Median Rent:$1,895Median DOM:1New:8Total:17
Jan 2026
Median Rent:$1,750Median DOM:1New:9Total:15
Feb 2026
Median Rent:$1,750Median DOM:1New:6Total:17
Mar 2026
Median Rent:$1,795Median DOM:1New:3Total:17
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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