The housing market in 23112 Midlothian, VA has been performing strongly with the median value of homes at $378,200. This is significantly higher than the US House Median Value of $338,100 and implies strong demand for real estate in this area. The overall appreciation of houses in the US over the last year has been 8.27%, but in Midlothian it has been 11.54%. This indicates that investors continue to be attracted to this area and prices may continue to rise as demand outstrips supply.
The median home cost in Midlothian (zip 23112) is $378,200. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Midlothian (zip 23112) is up 15.6%.
Average Age of Homes
- The median age of Midlothian (zip 23112) real estate is 25 years old
The Rental Market in Midlothian (zip 23112)
- Renters make up 21.7% of the Midlothian (zip 23112) population
- 1.1% of houses and apartments in Midlothian (zip 23112), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.