Midlothian Market Report
$530,427
AVERAGE PRICE OF 410 HOMES$382,445
AVERAGE PRICE OF 10 DISTRESSED HOMES$1,418,054
AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES$514,444
AVERAGE PRICE OF 225 NEWLY BUILT HOMES$587,851
AVERAGE PRICE OF 117 HOMES WITH A POOL$656,971
AVERAGE PRICE OF 7 REDUCED PRICE HOMESAverage Home
| Average Price | $530,427 |
| Avg Bedrooms | 3.33 beds |
| Avg Bathrooms | 3.1 baths |
Average Price by Bedrooms
| 1 bedroom | $268,053 |
| 2 bedrooms | $349,975 |
| 3 bedrooms | $433,559 |
| 4 bedrooms | $571,706 |
| 5 bedrooms | $836,386 |
Midlothian Home Price Trends
| 5/2023 | 4/2023 | 3/2023 | 2/2023 | 1/2023 | |
|---|---|---|---|---|---|
| Total Listings | 408 | 368 | 324 | 294 | 266 |
| Average Price | $526,595 | $510,613 | $491,171 | $481,932 | $479,631 |
| Avg Price Change | +3.13% | +3.96% | +1.92% | +0.48% | +1.94% |
| Median Price | $438,954 | $432,709 | $422,698 | $415,920 | $411,964 |
| Med Price Change | +1.44% | +2.37% | +1.63% | +0.96% | +2.66% |
| Avg Bedrooms | 3.31 beds | 3.29 beds | 3.24 beds | 3.19 beds | 3.17 beds |
| Avg Bathrooms | 3.07 baths | 2.98 baths | 2.9 baths | 2.87 baths | 2.87 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Clover Hill | 22 | $428,533 | 29 days |
| Cosby | 21 | $528,971 | 51 days |
| James River | 34 | $728,217 | 57 days |
| Manchester | 128 | $447,019 | 85 days |
| Midlothian | 172 | $552,348 | 87 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 410 | $530,427 | 78 days |
| Distressed Homes | 10 | $382,445 | 62 days |
| Multi-Million Dollar Homes | 22 | $1,418,054 | 75 days |
| Newly Built Homes | 225 | $514,444 | 105 days |
| Homes with a Pool | 117 | $587,851 | 62 days |
| Reduced Price Homes | 7 | $656,971 | 35 days |
