Property prices for sale in Midlothian (Virginia)

The prices in real estate in Midlothian, in the Virginia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$493,516.33
Average price last 6 months
$221.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Midlothian has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $284. In the following month the price per sq.feet decreased considerably to $210. The price for the following two months in (November, December) had a considerable decrease of 83 with regard to the prior two months. The price per sq.feet has decreased 94 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $226 to $212 during January, and February.

Average price

Based upon to the price in Midlothian (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $480,975. In October This price remains at $486,031. In the following two months the average price has remained the same with regard to the previous two months from $483,503 to $490,580. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $487,041.5 and $506,466 between January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $509,370 they are 46 % more affordable than the average price for Midlothian. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $422,678.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $220 / sq.feet, with an average $212 / sq.feet price in Midlothian. The properties with the highest average prices have 1 bedroom. They are 96 % more expensive than the average followed by properties with 4 bedrooms with a price at $291 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $509,370 it is 47 % cheaper than the average price in Midlothian. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $604,926 it is 53 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $206 / sq.feet followed by "Detached House" priced at $248 / sq.feet. "Land" is the most costly type of property with a $208,130 / sq.feet cost followed by "House" with an average price of $872 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Midlothian
Number of properties used in region Virginia
$509,370
$212
7,872
579,372
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value