Zip 23114 (Midlothian, VA) Housing

The median housing value in Midlothian, VA (23114) is $387,600 which is much higher than the US median housing value of $338,100. This reflects a large appreciation rate for this area as well; while the US house appreciation rate is 8.27%, it's 11.54% in Midlothian, VA! This is great news for those looking to invest in this area, as housing values are expected to continue to appreciate over time.

The median home cost in Midlothian (zip 23114) is $387,600. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Midlothian (zip 23114) is up 15.6%.

Average Age of Homes

- The median age of Midlothian (zip 23114) real estate is 20 years old

The Rental Market in Midlothian (zip 23114)

- Renters make up 17.7% of the Midlothian (zip 23114) population
- 0.6% of houses and apartments in Midlothian (zip 23114), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Midlothian, Virginia	United States
	8,412.0	139,647,020.0
	20	42
	$387,600	$338,100
	15.6%	16.6%
	48.1%	57.0%
	70.2%	101.1%
	$8.42	$10.98
	$2,826	$2,690
	76.0%	57.4%
	4.9%	11.2%
	19.0%	31.4%
Vacant Housing
	0.6%	1.9%
	1.1%	0.4%
	0.5%	0.7%
	0.8%	0.4%
	0.0%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.9%	2.4%
	0.0%	2.8%
	0.8%	3.9%
	0.0%	4.5%
	1.1%	11.3%
	1.8%	13.0%
	31.4%	20.1%
	38.9%	13.6%
	20.3%	8.3%
	4.3%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	35.9%	13.6%
	35.9%	13.6%
	18.8%	13.6%
	21.8%	13.2%
	5.4%	14.8%
	18.8%	13.6%
	0.2%	10.0%
	0.0%	4.7%
	0.0%	12.2%

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