ZIP 23219 Housing Market Report

Richmond Metro

Report period: March 2026

23219 Monthly Market Update – March 2026

ZIP 23219 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$329,500
+9.9%
Median DOM (Sales)
27
−30.8%
New Listings (Sales)
6
−14.3%
Median Rent
$1,375
−1.4%
Median DOM (Rental)
2
−80.0%
Total Rental Listings
103
+6.2%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Townhouse (2 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 4 Beds ($849,900 median)

Sales Market Overview

Median Price
$329,500
+9.9%
Median DOM
27
−30.8%
New Listings
6
−14.3%
Inventory
23
+27.8%
  • Average Price: $425,496
  • Median Price: $329,500
  • Price Range: $5,000 – $1,125,000
  • Price per Sq Ft (Avg/Median): $305 / $305
  • Square Footage (Avg/Median): 1,631 / 1,214
  • Square Footage Range: 693 – 3,508
  • Days on Market (Avg/Median): 48 / 27
  • Days on Market Range: 2 – 185
  • New Listings: 6
  • Total Listings: 23

Sales by Property Type

Condo
Avg/Median Price$382,639 / $299,900Range$225,000 – $1,125,000Price per Sq Ft$352 / $340Sq Ft1,061 / 1,007DOM41 / 21New4Total14
Land
Avg/Median Price$19,950 / $5,000Range$5,000 – $34,900Price per Sq FtSq FtDOM90 / 44New0Total2
Single Family
Avg/Median Price$337,317 / $389,000Range$128,000 – $494,950Price per Sq Ft$151 / $155Sq Ft2,103 / 2,336DOM93 / 83New0Total3
Townhouse
Avg/Median Price$844,402 / $829,900Range$779,900 – $917,906Price per Sq Ft$259 / $257Sq Ft3,270 / 3,033DOM14 / 2New2Total4

Sales by Bedroom Count

1 Beds
Avg:$284,783Median:$274,950Range:$249,950 – $345,000PSF:$362 / $342Sq Ft:794 / 729DOM:46 / 21New:1Total:6
2 Beds
Avg:$456,031Median:$329,500Range:$225,000 – $1,125,000PSF:$344 / $305Sq Ft:1,261 / 1,148DOM:38 / 9New:3Total:8
3 Beds
Avg:$558,188Median:$494,950Range:$128,000 – $829,900PSF:$208 / $212Sq Ft:2,466 / 2,336DOM:31 / 12New:1Total:4
4 Beds
Avg:$883,903Median:$849,900Range:$849,900 – $917,906PSF:$252 / $242Sq Ft:3,508 / 3,508DOM:14 / 2New:1Total:2
6 Beds
Avg:$389,000Median:$389,000Range:$389,000 – $389,000PSF:$155 / $155Sq Ft:2,512 / 2,512DOM:185 / 185New:0Total:1

Rental Market Overview

Median Rent
$1,375
−1.4%
Median DOM
2
−80.0%
New Listings
28
Inventory
103
+6.2%
  • Average Rent: $1,545
  • Median Rent: $1,375
  • Rent Range: $700 – $3,600
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 857 / 714
  • Square Footage Range: 324 – 3,000
  • Days on Market (Avg/Median): 50 / 2
  • Days on Market Range: 1 – 356
  • New Listings: 28
  • Total Listings: 103

Rentals by Property Type

Apartment
$1,339
Median DOM: 43
Inventory: 61
MoM: −1.4%
Condo
$1,270
Median DOM: 1
Inventory: 28
MoM: −1.4%
Single Family
$1,895
Median DOM: 1
Inventory: 11
MoM: −1.4%
Townhouse
$2,150
Median DOM: 141
Inventory: 3
MoM: −1.4%
Apartment
Avg/Median Rent$1,438 / $1,339Range$945 – $2,950Rent per Sq Ft$2 / $2Sq Ft775 / 675DOM89 / 43New6Total61
Condo
Avg/Median Rent$1,538 / $1,270Range$700 – $3,600Rent per Sq Ft$2 / $2Sq Ft835 / 696DOM10 / 1New16Total28
Single Family
Avg/Median Rent$1,936 / $1,895Range$1,100 – $2,950Rent per Sq Ft$2 / $2Sq Ft1,288 / 1,000DOM1 / 1New6Total11
Townhouse
Avg/Median Rent$2,366 / $2,150Range$1,799 – $3,150Rent per Sq Ft$2 / $2Sq Ft1,034 / 1,009DOM120 / 141New0Total3

Rentals by Bedroom Count

Studio
Avg:$1,202Median:$1,200Range:$1,095 – $1,413PSF:$2 / $3Sq Ft:531 / 484DOM:57 / 1New:3Total:9
1 Beds
Avg:$1,336Median:$1,270Range:$700 – $2,600PSF:$2 / $2Sq Ft:685 / 621DOM:65 / 11New:11Total:58
2 Beds
Avg:$1,846Median:$1,700Range:$1,100 – $3,600PSF:$2 / $2Sq Ft:1,019 / 1,000DOM:37 / 13New:9Total:28
3 Beds
Avg:$2,224Median:$1,895Range:$1,850 – $2,950PSF:$2 / $1Sq Ft:1,514 / 1,206DOM:12 / 1New:3Total:6
4 Beds
Avg:$2,925Median:$2,900Range:$2,900 – $2,950PSF:$1 / $1Sq Ft:2,389 / 2,278DOM:1 / 1New:2Total:2

6-Month Sales Trend

Oct 2025
Median Price:$345,000Median DOM:51New:3Total:16
Nov 2025
Median Price:$389,000Median DOM:57New:4Total:17
Dec 2025
Median Price:$345,000Median DOM:69New:1Total:16
Jan 2026
Median Price:$305,000Median DOM:78New:3Total:15
Feb 2026
Median Price:$299,900Median DOM:39New:7Total:18
Mar 2026
Median Price:$329,500Median DOM:27New:6Total:23

6-Month Rental Trend

Oct 2025
Median Rent:$1,325Median DOM:1New:26Total:107
Nov 2025
Median Rent:$1,363Median DOM:54New:20Total:79
Dec 2025
Median Rent:$1,432Median DOM:72New:21Total:80
Jan 2026
Median Rent:$1,350Median DOM:27New:25Total:85
Feb 2026
Median Rent:$1,395Median DOM:10New:36Total:97
Mar 2026
Median Rent:$1,375Median DOM:2New:28Total:103

Key Market Takeaways

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