Midlothian Housing Market Report May 2025•Richmond County, Virginia

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Housing Prices in Midlothian, VA

How much do homes in Midlothian, VA cost?

Housing Market Conditions

Is Midlothian, VA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Midlothian is a Seller's Market

Difference Since May 2024

At the same time last year, Midlothian was a Neutral Market.

Insight

Midlothian is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$270,000$216/SqFt
+$1,000
0.4%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Midlothian has remained the same since last year.

Summary: The median home sold price in Midlothian was $270,000 in May 2025, up 0.4% from last year, and the median price per square foot was $216.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1--
N/A
2$277.7K$220K
-20.8%
3$263.5K$270K
+2.5%
4$310K$308.5K
-0.5%
5-$260K
N/A

Summary: Midlothian housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -20.8%. The home price for 3 bedroom homes increased by +2.5%. The home price for 4 bedroom homes decreased by -0.5%. The home price for 5 bedroom homes did not change.

How does Midlothian, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Midlothian, VA

Housing supply in Midlothian, VA

How many homes are available in Midlothian, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1Last MonthMay 2025
12 months agoApr 2025
0.0 %
Change MoMApr – May

Summary: The Midlothian real estate market had 1 homes for sale in May 2025, the same as Apr 2025

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthMay 2025
12 months agoApr 2025
0.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
210
-100.0%
301
+100.0%
400
0.0%
500
0.0%

Summary: Midlothian housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Midlothian, VA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in Midlothian, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Midlothian in May 2025, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for Midlothian, VA

How long does it take to sell a home in Midlothian, VA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Midlothian are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 1 homes were sold in Midlothian; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
3 DaysThis YearMay 2025
40 Days1 year agoMay 2024
-92.5 %
Change YoYMay 2024 – May 2025

Summary: Homes in Midlothian had an average listing age of 3 days in May 2025, down by 92.5% compared to the previous year.

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Newest Listings in Midlothian, VA

What homes are available in Midlothian, VA?

New listings aren’t available for Midlothian, VA

Nearby markets

Nearby markets aren't available for Midlothian, VA

Popular Cities with Homes for Sale in Virginia

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