Is Midlothian, VA 23113 a buyer’s or seller’s market?
Midlothian is a seller’s market. With about 2.2 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 89% of U.S. ZIP codes, and #19 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Midlothian housing market right now
In the three months ending August 31, 2026, 45% of homes in Midlothian, VA 23113 sold above their list price, the typical home went under contract in 14 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 95 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 41%, homes sold faster (16 days then) and the median sale price rose 11% to $777,164. Overall, Midlothian is more competitive than a year ago, so tougher for buyers.
Within Chesterfield County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 92%. On our competition score, Midlothian ranks #19 of 358 VA ZIP codes with enough sales (score 84 out of 100).
Nearby, buyers who want less competition could look at Moseley 23120 (24% sold over asking) or Chesterfield 23838 (28% sold over asking), while Richmond 23235 (51% sold over asking) is even more competitive.
Run the numbers for 23113
Nearby markets
Chester 23831Seller’s market $207 /sq ftChester 23836Seller’s market $192 /sq ftChesterfield 23832Seller’s market $210 /sq ftChesterfield 23838Seller’s market $206 /sq ft Browse all markets →Towns like Midlothian nearby
Find towns like Midlothian in other states →Where Midlothian is
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Questions about Midlothian real estate
Is Midlothian a buyer’s or seller’s market?
A seller’s market: there were 2.2 months of supply in Midlothian, VA 23113 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Midlothian?
The typical home went under contract in 14 days in the latest three months.
Do homes in Midlothian sell over asking?
45% of homes sold above their original list price, and the typical sale closed at 100.9% of the list price.
What are property taxes in Midlothian?
About 0.76% of a home’s value a year in Chesterfield County, or roughly $3,040 on a $400,000 home.
What is the median home price in Midlothian?
The median sale price was $777,164 in the three months ending August 31, 2026, about $235 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology