The housing market in 23113 Midlothian, VA is quite promising. The median value of a house in the area is $480,300, which is significantly higher than the US house median value of $338,100. In addition to being higher than the national average, the 1 year appreciation rate of 11.54% for houses in this area more than exceeds the 8.27% rate of appreciation across the US as a whole. This makes 23113 Midlothian an attractive place to invest in housing and reap long-term rewards.
The median home cost in Midlothian (zip 23113) is $480,300. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Midlothian (zip 23113) is up 15.6%.
Average Age of Homes
- The median age of Midlothian (zip 23113) real estate is 28 years old
The Rental Market in Midlothian (zip 23113)
- Renters make up 17.3% of the Midlothian (zip 23113) population
- 1.7% of houses and apartments in Midlothian (zip 23113), 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.