Real Estate In Midlothian is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.59 months supply of inventory on the market in Midlothian on December 31, 1969.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Midlothian last month was 25 days. It took on average 47 days to sell Midlothian Condo, Townhouse or a Duplex.
The number of home sales in Midlothian from October 1, 2019 through October 31, 2019 was 12 units. That is 1% above the number of homes sold last month in Midlothian.
The average price per square foot in the area is now $101/Sq.Ft, which is 4% an increase from last month.


In Midlothian there were 2 units sold in October in the price range between $53,000 – $111,288 with an average of 1.5 bedrooms and 1 bathrooms and average Square footage of 1,000SF.

In Midlothian there were 8 units sold in October in the price range between $111,289 – $277,287 with an average of 3.1 bedrooms and 1.3 bathrooms and average Square footage of 1,064SF.

In Midlothian there were 2 units sold in October in the price range between $277,288 – $385,000 with an average of 4 bedrooms and 3.1 bathrooms and average Square footage of 2,950SF.

The middle price range had the most activity. Homes up to $277,287 were on the market on average 25 days and sold an average of $155,737.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Midlothian. Search all Midlothian homes for Sale on propertyup.com If you are considering viewing Midlothian, you may want to do so now!

Midlothian
Sep 1, 2019 – Sep 30, 2019
Oct 1, 2019 – Oct 31, 2019
Month
September
October
Average Listing Price
$177,871
$176,643
Median Sales Price
$153,894
$169,575
Month supply of inventory
4.9
5.6
Market Time Detached
27 days
25 days
Market Time Attached
20 days
47 days
Inventory
94 properties
100 properties
Low price range
$47,500 – $100,697
$53,000 – $111,288
Low price range market time
52 days
57 days
Low price range units sold
0
2
Low price range bedrooms
2.6
1.5
Low price range bathrooms
1.6
1
Low price range approx sqft
1,408 SF
1,000 SF
Mid price range
$100,698 – $226,896
$111,289 – $277,287
Mid price range market time
20 days
25 days
Mid price range units sold
13
8
Mid price range bedrooms
3.5
3.1
Mid price range bathrooms
1.6
1.3
Mid price range approx sqft
1,346 SF
1,064 SF
High price range
$226,897 – $299,900
$277,288 – $385,000
High price range market time
12 days
29 days
High price range units sold
2
2
High price range bedrooms
4.5
4
High price range bathrooms
3
3.1
High price range approxsqft
2,498 SF
2,950 SF