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Market Intelligence · VA / Midlothian

Midlothian, VA 23112 Housing Market

The typical home value in Midlothian, VA 23112 is $434,381, up 2.5% over the past year as of September 2026. The median list price is $486,017, and homes spend a median of 37 days on the market.

Updated September 2026Median value$434K

The median home value in Midlothian, VA 23112 is $434K as of September 2026, up 2.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 23112 range

$400K to $469K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.5% over 12 months

Typical home value in 23112 over the last 12 months: $424K in Sep 2025 to $434K in Sep 2026 (+2.5%).

Sep 2025$424K

Sep 2026$434K

The numbers

What is the 23112 housing market like?

Typical home value

$434K

Up2.5%YoY

Median list price

$486K

Up1.3%MoM

Days on market

37

Flat0.0%MoM

Homes for sale

187

Up8.7%MoM

Price cuts

18.5%

Up18.9%MoM

New listings

104

Flat0.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

23112 housing market forecast 2027

+1.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 23112 to rise 1.9% by September 2027.

Over the 12 months through September 2026, typical home values in 23112 rose 2.5%, per the Zillow Home Value Index.

Will home prices drop in 23112?

Zillow's forecast does not call for a drop: it expects typical home values in 23112 to rise 1.9% by September 2027, after a 2.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 23112 home prices compare?

  • 23112$434,381
  • Midlothian$468,325
  • Virginia$328,255
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Midlothian: 3 ZIPs; Virginia: 757 ZIPs; United States: 26,262 ZIPs).

Context

Sellers in 23112 are asking more than typical values, with a median list price of $486,017 against a typical home value of $434,381. Inventory is moderate, with 187 homes for sale and 104 new listings hitting the market in September 2026. Homes are moving at a steady pace, with a median of 37 days on market. Still, 18.5% of listings have taken a price cut, which suggests some sellers are overshooting what buyers will pay. For a seller, the honest read is that values are rising slowly, but pricing right from the start matters in this market.

Monthly payment

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20% · $86,876

Common questions

What people ask us.

How much is a home in 23112 worth?

The typical home value in 23112 is $434,381 as of September 2026, up 2.5% over the past year.

How long does it take to sell a home in 23112?

Homes in 23112 spend a median of 37 days on the market as of September 2026.

How competitive is the 23112 housing market?

There are 187 homes for sale in 23112 as of September 2026, with 104 new listings added. About 18.5% of listings have had a price cut, so buyers have some room to negotiate.

Discover

Nearby ZIP markets.

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Guides for sellers.