Published October 26, 2026 in Market Update

Bon Air and North Chesterfield are still moving with less inventory

By Mike Boone

Real estate, DOTW + Market Udates: Bon Air + N Chesterfield

Fewer homes are for sale here right now. That is the one fact that shapes everything else in this market. The Real Estate Data Aggregator counted 250 homes for sale across ZIPs 23235, 23236 and 23832 in the three months ending August 31, 2026. That is down 9.4% from the same period in 2025. Yet 436 homes still sold, up 2.1% from a year before. Demand has not dropped away. The market is absorbing what is available.

Nationally, the National Association of Realtors reported 3.99 million existing-home sales in September 2026. Freddie Mac put the 30-year fixed rate at 7.32% as of October 22, 2026. That rate is a real cost for buyers here. It has not stopped sales, but it does shape what buyers can afford and how they write offers.

ZIP 23235: Bon Air, the fastest-moving pocket

The Real Estate Data Aggregator counted 138 homes sold in 23235 in the three months ending August 31, 2026. That is up 3% from a year before. The median sale price was $450,000, up 2.9%. Homes here sat on the market a median of 10 days. That is 5 days shorter than the same period in 2025. Exactly half of all homes sold above list price, up 5.2 points from a year ago. The average sale closed at 101.8% of list price.

Nearly half of all 23235 homes, 49.6% per the Real Estate Data Aggregator, went under contract within two weeks of listing. That share was unchanged from a year before. Homes for sale in 23235 rose 18.2%, to 52 active listings. More supply came to market, and buyers absorbed it quickly.

ZIP 23236: North Chesterfield, sales volume jumps

The Real Estate Data Aggregator counted 116 homes sold in 23236 in the three months ending August 31, 2026. That is up 28.9% from a year before. The median sale price was $401,750, up 2.4%. Homes sat on the market a median of 15 days, 3 days longer than the same period in 2025. That is a small slowdown, but the market is still moving. The average sale closed at 100.3% of list price.

The Real Estate Data Aggregator found that 50.8% of 23236 homes went under contract within two weeks of listing, up 3.1 points from 2025. Inventory in 23236 slipped 3.3%, to 58 homes for sale. Pending sales rose 14%, to 122. That pipeline points to continued activity heading into fall.

ZIP 23832: Chesterfield, a different pace

ZIP 23832 tells a different story. The Real Estate Data Aggregator counted 182 homes sold in the three months ending August 31, 2026, down 10.3% from a year before. The median sale price was $430,000, up 4.9%. Homes sat on the market a median of 25 days, 8 days longer than 2025. The average sale closed at 99.8% of list price, down 1.3 points. Not every home sold fast, and not every home sold over asking.

The Real Estate Data Aggregator found that 31.8% of 23832 homes went under contract within two weeks of listing, down 8.5 points from 2025. Inventory in 23832 fell 18.6%, to 140 homes. New listings also dropped 7.5%. Fewer homes came to market, and fewer sold. Preparation and pricing matter more here than in 23235 or 23236.

How these three ZIPs compare

What the wider market is doing

VAR reported 30,001 active listings across Virginia at the end of September 2026. The state's median sales price in September 2026 was $420,000, per VAR. Both Bon Air ZIPs priced above that state figure. The National Association of Realtors reported that U.S. inventory rose to 1.60 million homes in September 2026, and existing-home prices were up 1.3% from a year before. Locally, the pattern holds: prices are up, but the pace of the market depends on which ZIP you are in.

Freddie Mac also put the 15-year fixed rate at 6.68% as of October 22, 2026. Nationally, Realtor.com reported a median of 62 days on market for homes sold as of October 22, 2026. The three ZIPs covered here all came in well under that figure, with 23235 at 10 days, 23236 at 15 days, and 23832 at 25 days per the Real Estate Data Aggregator.

These numbers cover the whole ZIP. One street can read very differently from the ZIP-wide picture. A home's condition, price point and exact location all shift the result. If you want to know where your home sits inside these numbers, reach out.