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MIDLOTHIAN, VA 23114

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MIDLOTHIAN, VA real estate market (23114) currently shows 104 active listings, with 62 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 64 days on market compared to 26 days last year.

The median listing price has risen 1.4% year-over-year, from $444,809 to $450,916.

Whether you are buying or selling in MIDLOTHIAN, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 21,561  ·  Density: 685.9/mi²  ·  Median household income: $105,730

Typical home value: $360,984  ·  Homeownership: 78.9%

Market Overview

Active Listings
104
⇧ 15.6% vs 90 last year
Pending
62
60% pending ratio
Median Price
$450,916
⇧ 1.4% vs $444,809 last year
Average Price
$460,024
⇩ 3.4% vs $476,212 last year
Days on Market
64
⇧ 146.2% vs 26 days last year

Price Per Square Foot

Median $/sqft
$225
⇧ 6.6% vs $211/sqft last year
Median Home Size
1,792 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 104 this year vs 90 last year
  • Days on market: 64 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $450,916 (+1.4% YoY)
  • Average: $460,024 (-3.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.3 miles — 740 listings ($407,105,497 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23114Midlothian, VA 231140.0 mi103$45,728,910$446,112$443,970
23113Midlothian, VA 231134.0 mi52$46,424,508$775,215$892,779
23235Richmond, VA 232355.7 mi69$38,823,195$464,950$562,655
23238Henrico, VA 232387.9 mi53$46,881,574$602,475$884,558
23225Richmond, VA 232258.6 mi60$30,339,420$392,000$505,657
23226Richmond, VA 2322610.1 mi28$27,126,736$882,500$968,812
23224Richmond, VA 2322410.7 mi97$31,913,582$299,725$329,006
23233Henrico, VA 2323311.3 mi93$61,728,750$567,530$663,750
23230Richmond, VA 2323011.7 mi30$17,358,510$515,000$578,617
23294Henrico, VA 2329412.1 mi25$10,190,400$399,995$407,616
23237Richmond, VA 2323712.6 mi60$23,676,720$349,950$394,612
23228Henrico, VA 2322813.5 mi68$23,915,192$337,900$351,694
23039Crozier, VA 2303914.3 mi2$2,998,000$1,499,000$1,499,000

Frequently Asked Questions

How many homes are for sale in MIDLOTHIAN, VA 23114?

As of February 2026, there are 104 active listings in MIDLOTHIAN, VA (zip code 23114), compared to 90 the prior year.

What is the median home price in MIDLOTHIAN, VA 23114?

The median listing price in MIDLOTHIAN, VA 23114 is $450,916 as of February 2026, a 1.4% increase from $444,809 the prior year.

How long do homes stay on the market in MIDLOTHIAN, VA?

Homes in MIDLOTHIAN, VA 23114 spend an average of 64 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in MIDLOTHIAN, VA 23114?

Based on current inventory and days-on-market data as of February 2026, MIDLOTHIAN, VA 23114 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 64 days on market compared to 26 days last year.

How much can I save on real estate commission in MIDLOTHIAN, VA?

With SELL123.com's maximum 3% commission, sellers in MIDLOTHIAN, VA 23114 save an estimated $9,018 compared to a typical 5% commission on the median listing price of $450,916. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.