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Keeton & Co Real Estate

town · September 2026

Midlothian, Virginia housing market

Updated

Data through October 3, 2026 · part of the Richmond metro report

The median sale price in Midlothian was $473,725 in September 2026, up 9.5% from Sep 2025. 114 homes closed, down 17.4% vs Sep 2025. Active inventory stood at 452 listings at month end, up 41.7% vs Sep 2025.

Midlothian at a glance, September 2026

  • Median sale price

    $473,725

    +9.5% vs Sep 2025

  • Active listings

    452

    +41.7% vs Sep 2025

  • Homes sold

    114

    -17.4% vs Sep 2025

  • Median days on market

    9 days

    -4 days vs Sep 2025

  • Months of supply

    3.2 mo

    +1.3 mo vs Sep 2025

  • Sale-to-list ratio

    100.0%

    Flat vs Sep 2025

  • Had a price reduction

    29.8%

    +3.7 pts vs Sep 2025

  • Sales with seller concessions

    52.6%

    +1.2 pts vs Sep 2025

What is happening in the Midlothian housing market?

The median sale price in Midlothian was $473,725 in September 2026, up 9.5% from Sep 2025.

114 homes closed, down 17.4% vs Sep 2025.

Active inventory stood at 452 listings at month end, up 41.7% vs Sep 2025.

That is 3.2 months of supply at the recent sales pace, a balanced range.

The typical sale went under contract in 9 days (-4 days vs Sep 2025).

Homes sold for a median 100.0% of final list price; 38.6% sold above list.

The figures above are computed from MLS records. Analyst commentary for this period is being reviewed and will appear here when approved.

How does the Midlothian market differ by price range?

The area-wide median hides a lot. Each band below shows sales, price, speed and supply for that range only.

Midlothian by price range, September 2026
Price rangeHomes soldMedian sale priceMedian days on marketSale-to-list ratioHad a price reductionActive listingsMonths of supply
Under $250k 3————226 mo
$250k–$350k 11$312,50039 days100.0%36.4%462.4 mo
$350k–$500k 52$416,5008 days100.0%28.8%2043.5 mo
$500k–$750k 28$558,5006 days100.0%25%1203.4 mo
$750k–$1M 13$835,00040 days100.0%38.5%382.7 mo
$1M+ 7$1,114,0006 days100.0%28.6%222.6 mo

Cells showing n=… have too few sales to publish a reliable figure.

How do property types compare in Midlothian?

Detached homes, townhouses and condos behave differently, and new construction moves on its own schedule.

Midlothian by property type, September 2026
Property typeHomes soldMedian sale priceMedian days on marketSale-to-list ratioHad a price reductionActive listingsMonths of supply
Detached 86$525,0006 days100.0%29.1%2502.4 mo
Townhouse / attached 8$447,50012 days99.4%25%1107.3 mo
Condo 20$364,46520 days100.0%35%925 mo

Cells showing n=… have too few sales to publish a reliable figure.

Midlothian new construction vs resale, September 2026
New vs resaleHomes soldMedian sale priceMedian days on marketHad a price reductionMonths of supply
New construction 13$433,50017 days46.2%8.8 mo
Resale 101$474,9507 days27.7%2.3 mo

Cells showing n=… have too few sales to publish a reliable figure.

What does this mean for sellers?

At 3.2 months of supply the market is balanced: buyers have choices, so condition and first-two-weeks pricing matter more than a year ago.

Median sale-to-list of 100.0% means sellers are getting full price on well-presented homes.

Find out what this means for your home · What it costs to sell

What does this mean for buyers?

Balanced supply (3.2 months) means you can negotiate on homes that have sat, while the best-priced listings still move quickly.

The median home went under contract in 9 days, so decide your walk-away price before you tour.

Active inventory is +41.7% vs Sep 2025, so there is more to choose from than last year.

How we work with buyers · Buyer agreements explained

No pressure, no spam

What does the Midlothian market mean for your home?

A licensed agent reaches out within 5 minutes during business hours, from (804) 556-1228.

By submitting, you agree that Keeton & Co Real Estate and its agents may call and text you at the number you provided about your real estate inquiry, including by automated means and AI-generated or prerecorded voice. Consent is not a condition of purchase. Msg & data rates may apply. Reply STOP to opt out. Privacy Policy

How have Midlothian prices trended?

Monthly series from the same MLS records, computed with the same method for every month shown. Toggle 12, 24 or 36 months.

Median sale price
$382K$444K$506K$568K Nov 2023May 2024Nov 2024May 2025Nov 2025May 2026Oct 2026

Median sale price: $550,105 in Oct 2026, up 29.4% from $425,000 in Nov 2023. High $550,105 (Oct 2026), low $400,000 (Dec 2023).

Median sale price, monthly
MonthValue
Nov 2023$425,000
Dec 2023$400,000
Jan 2024$402,500
Feb 2024$458,000
Mar 2024$440,000
Apr 2024$454,688
May 2024$455,000
Jun 2024$475,000
Jul 2024$439,950
Aug 2024$417,420
Sep 2024$434,900
Oct 2024$454,390
Nov 2024$437,000
Dec 2024$450,000
Jan 2025$432,093
Feb 2025$443,253
Mar 2025$427,155
Apr 2025$456,000
May 2025$474,990
Jun 2025$488,000
Jul 2025$465,000
Aug 2025$445,748
Sep 2025$432,500
Oct 2025$475,000
Nov 2025$463,000
Dec 2025$436,086
Jan 2026$437,724
Feb 2026$443,232
Mar 2026$439,982
Apr 2026$458,975
May 2026$473,000
Jun 2026$489,990
Jul 2026$460,000
Aug 2026$466,000
Sep 2026$473,725
Oct 2026$550,105
Homes sold
083166249 Nov 2023May 2024Nov 2024May 2025Nov 2025May 2026Oct 2026

Homes sold: 6 in Oct 2026, down 94.1% from 101 in Nov 2023. High 223 (Jul 2025), low 6 (Oct 2026).

Homes sold, monthly
MonthValue
Nov 2023101
Dec 2023121
Jan 202486
Feb 2024114
Mar 2024126
Apr 2024154
May 2024173
Jun 2024169
Jul 2024153
Aug 2024145
Sep 2024121
Oct 2024132
Nov 2024112
Dec 2024137
Jan 202584
Feb 202597
Mar 2025102
Apr 2025159
May 2025151
Jun 2025197
Jul 2025223
Aug 2025150
Sep 2025138
Oct 2025157
Nov 2025113
Dec 2025130
Jan 202676
Feb 2026104
Mar 2026132
Apr 2026162
May 2026182
Jun 2026193
Jul 2026163
Aug 2026141
Sep 2026114
Oct 20266
Share of sales with a price reduction
4%21%38%55% Nov 2023May 2024Nov 2024May 2025Nov 2025May 2026Oct 2026

Share of sales with a price reduction: 50% in Oct 2026, up 197.6% from 16.8% in Nov 2023. High 50% (Oct 2026), low 8.7% (May 2024).

Share of sales with a price reduction, monthly
MonthValue
Nov 202316.8%
Dec 202328.9%
Jan 202423.3%
Feb 202419.3%
Mar 202415.9%
Apr 202413.6%
May 20248.7%
Jun 202414.2%
Jul 202415.7%
Aug 202422.1%
Sep 202430.6%
Oct 202419.7%
Nov 202424.1%
Dec 202429.9%
Jan 202525%
Feb 202527.8%
Mar 202523.5%
Apr 202519.5%
May 202511.3%
Jun 202516.2%
Jul 202523.3%
Aug 202528%
Sep 202526.1%
Oct 202521%
Nov 202524.8%
Dec 202532.3%
Jan 202628.9%
Feb 202629.8%
Mar 202620.5%
Apr 202615.4%
May 202614.3%
Jun 202620.7%
Jul 202625.8%
Aug 202634.8%
Sep 202629.8%
Oct 202650%
Sale-to-list ratio
99%100%101%101% Nov 2023May 2024Nov 2024May 2025Nov 2025May 2026Oct 2026

Sale-to-list ratio: 99.5% in Oct 2026, down 0.5% from 100.0% in Nov 2023. High 101.2% (Apr 2024), low 99.5% (Oct 2026).

Sale-to-list ratio, monthly
MonthValue
Nov 2023100.0%
Dec 2023100.0%
Jan 2024100.0%
Feb 2024100.0%
Mar 2024100.0%
Apr 2024101.2%
May 2024100.3%
Jun 2024100.6%
Jul 2024100.1%
Aug 2024100.0%
Sep 2024100.0%
Oct 2024100.0%
Nov 2024100.0%
Dec 2024100.0%
Jan 2025100.0%
Feb 2025100.0%
Mar 2025100.0%
Apr 2025100.0%
May 2025100.0%
Jun 2025100.0%
Jul 2025100.0%
Aug 2025100.0%
Sep 2025100.0%
Oct 2025100.0%
Nov 2025100.0%
Dec 2025100.0%
Jan 2026100.0%
Feb 2026100.0%
Mar 2026100.0%
Apr 2026100.0%
May 2026100.4%
Jun 2026100.0%
Jul 2026100.0%
Aug 2026100.0%
Sep 2026100.0%
Oct 202699.5%

How have Midlothian inventory and sales pace trended?

Supply and speed, month by month.

Active listings at month end
148263378493 Nov 2023May 2024Nov 2024May 2025Nov 2025May 2026Oct 2026

Active listings at month end: 460 in Oct 2026, up 123.3% from 206 in Nov 2023. High 460 (Oct 2026), low 181 (Feb 2024).

Active listings at month end, monthly
MonthValue
Nov 2023206
Dec 2023186
Jan 2024183
Feb 2024181
Mar 2024183
Apr 2024200
May 2024204
Jun 2024230
Jul 2024252
Aug 2024243
Sep 2024246
Oct 2024260
Nov 2024240
Dec 2024198
Jan 2025221
Feb 2025214
Mar 2025237
Apr 2025267
May 2025305
Jun 2025298
Jul 2025305
Aug 2025294
Sep 2025319
Oct 2025321
Nov 2025290
Dec 2025238
Jan 2026250
Feb 2026254
Mar 2026270
Apr 2026310
May 2026331
Jun 2026325
Jul 2026387
Aug 2026368
Sep 2026452
Oct 2026460
Median days on market
3101723 Nov 2023May 2024Nov 2024May 2025Nov 2025May 2026Oct 2026

Median days on market: 22 days in Oct 2026, up 258.3% from 6 days in Nov 2023. High 22 days (Oct 2026), low 5 days (May 2025).

Median days on market, monthly
MonthValue
Nov 20236 days
Dec 20237 days
Jan 202410 days
Feb 20248 days
Mar 20246 days
Apr 20246 days
May 20246 days
Jun 20246 days
Jul 20246 days
Aug 20249 days
Sep 20249 days
Oct 20248 days
Nov 202413 days
Dec 202416 days
Jan 202517 days
Feb 20256 days
Mar 20259 days
Apr 20256 days
May 20255 days
Jun 20256 days
Jul 20258 days
Aug 202510 days
Sep 202514 days
Oct 20259 days
Nov 202511 days
Dec 202514 days
Jan 202620 days
Feb 202617 days
Mar 20268 days
Apr 20267 days
May 20266 days
Jun 20267 days
Jul 202610 days
Aug 202617 days
Sep 20269 days
Oct 202622 days
Months of supply
1234 Nov 2023May 2024Nov 2024May 2025Nov 2025May 2026Oct 2026

Months of supply: 3.5 mo in Oct 2026, up 105.9% from 1.7 mo in Nov 2023. High 3.5 mo (Oct 2026), low 1.4 mo (May 2024).

Months of supply, monthly
MonthValue
Nov 20231.7 mo
Dec 20231.6 mo
Jan 20241.8 mo
Feb 20241.7 mo
Mar 20241.7 mo
Apr 20241.5 mo
May 20241.4 mo
Jun 20241.4 mo
Jul 20241.5 mo
Aug 20241.6 mo
Sep 20241.8 mo
Oct 20242 mo
Nov 20242 mo
Dec 20241.6 mo
Jan 20252 mo
Feb 20252 mo
Mar 20252.4 mo
Apr 20252.1 mo
May 20252.2 mo
Jun 20251.7 mo
Jul 20251.6 mo
Aug 20251.5 mo
Sep 20251.9 mo
Oct 20252.2 mo
Nov 20252.1 mo
Dec 20251.8 mo
Jan 20262.4 mo
Feb 20262.5 mo
Mar 20262.5 mo
Apr 20262.2 mo
May 20262.1 mo
Jun 20261.8 mo
Jul 20262.2 mo
Aug 20262.2 mo
Sep 20263.2 mo
Oct 20263.5 mo
New listings
0100200301 Nov 2023May 2024Nov 2024May 2025Nov 2025May 2026Oct 2026

New listings: 15 in Oct 2026, down 86.0% from 107 in Nov 2023. High 270 (Apr 2026), low 15 (Oct 2026).

New listings, monthly
MonthValue
Nov 2023107
Dec 202380
Jan 2024136
Feb 2024155
Mar 2024161
Apr 2024216
May 2024183
Jun 2024178
Jul 2024192
Aug 2024154
Sep 2024158
Oct 2024185
Nov 2024130
Dec 202474
Jan 2025155
Feb 2025137
Mar 2025190
Apr 2025233
May 2025247
Jun 2025205
Jul 2025199
Aug 2025172
Sep 2025221
Oct 2025165
Nov 2025128
Dec 2025104
Jan 2026146
Feb 2026150
Mar 2026235
Apr 2026270
May 2026247
Jun 2026204
Jul 2026237
Aug 2026187
Sep 2026241
Oct 202615

How are these numbers calculated?

Geography. Midlothian as defined in Keeton & Co's market model (MLS county, city, ZIP and area codes).

Source. Closed and active listings recorded in CVR MLS, replicated nightly. Data through October 3, 2026. Property types: Residential (detached, townhouse/attached, condo, 2–4 unit). Leases, land and commercial are excluded.

Exclusions. Sales under $25,000; distressed and non-arm's-length sales (Auction, Bankruptcy Property, In Foreclosure, REO…).

Sample rules. A figure is suppressed below 5 records, flagged low-confidence below 10, and moderate below 25. Year-over-year comparisons are shown only when both periods have at least 5 records.

Days on market
MLS-reported DaysOnMarket for closings (list-to-contract). Fallback contract_date - on_market_date.
Cumulative DOM
CumulativeDaysOnMarket where reported (CAAR)
Price per square foot
ClosePrice / LivingArea where LivingArea >= 300
Seller concessions
ConcessionsAmount > 0 (CVR only); pct of close price
Contract date
CVR: PendingTimestamp::date; CAAR: on_market_date + DaysOnMarket (proxy). Only Pending/ActiveUnderContract/Closed.
Months of supply
active_at_period_end / (closings in trailing 3 months / 3)
Stale listing
active at period end with (end - on_market_date) > 90 days
On-market date
COALESCE(OnMarketDate, ListingContractDate)
Resolution date
OffMarketDate, else CloseDate/WithdrawnDate/CancellationDate/ExpirationDate by status; NULL while Active/ComingSoon
Price reduction
closed listings with OriginalListPrice > ListPrice; amount = OriginalListPrice - ListPrice
Closed sales
StandardStatus='Closed' AND CloseDate in [start,end]
Went under contract
contract_date in [start,end]
Sale-to-list
median(ClosePrice / ListPrice)
Absorption rate
closed_in_period / active_at_period_end * 100 (period normalized to 30.4 days)
Active listings
on_market_date <= end AND (contract_date IS NULL OR contract_date > end) AND (off_market_date IS NULL OR off_market_date > end); excludes ComingSoon
Sale-to-original-list
median(ClosePrice / OriginalListPrice)
New listings
on_market_date in [start,end]
Under contract
contract_date <= end AND (off_market_date IS NULL OR off_market_date > end)

Methodology Residential sales methodology v1 (v1). Statistics are computed by Keeton & Co's market-intelligence engine from the MLS records above; the commentary interprets those figures and never alters them. Reviewed by Keeton & Co.

Living in Midlothian: schools, commute and FAQs → · Monthly report, all areas

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By submitting, you agree that Keeton & Co Real Estate and its agents may call and text you at the number you provided about your real estate inquiry, including by automated means and AI-generated or prerecorded voice. Consent is not a condition of purchase. Msg & data rates may apply. Reply STOP to opt out. Privacy Policy

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Get help buying in Central Virginia

A licensed agent reaches out within 5 minutes during business hours, from (804) 556-1228.

By submitting, you agree that Keeton & Co Real Estate and its agents may call and text you at the number you provided about your real estate inquiry, including by automated means and AI-generated or prerecorded voice. Consent is not a condition of purchase. Msg & data rates may apply. Reply STOP to opt out. Privacy Policy