The typical Midlothian home was worth $468,594 in September 2026, up 2.5% in a year, Zillow says. ZIP codes 23112, 23113 and 23114 compared.
Last checked Oct. 19, 2026. Figures are from the Zillow Home Value Index for September 2026, released in October, and the FHFA House Price Index. This page is refreshed monthly.
The typical home in Midlothian was worth $468,594 in September 2026, according to Zillow’s Home Value Index. That is up 2.5% from $456,952 a year earlier and about 52% above September 2019, when it was $307,475. Prices are still rising every month, but far more slowly than in 2021 and 2022.
What this means for you
- Buyers: the typical Midlothian home costs about $58,500 more than the Chesterfield County figure, and 23113 runs far above the other two ZIP codes.
- Sellers: values have edged up every month this year, by about $1,000 a month.
- Owners: your tax bill follows the county’s assessment, not Zillow. Look yours up in the county’s Real Estate Assessment Data search, or call Real Estate Assessments at 804-748-1321.
Seven years of values
The biggest jump came between September 2020 and September 2021, when the index rose about 17%. Since 2024, the annual gain has been between 1% and 3%.
By ZIP code
Zillow files three ZIP codes under Midlothian, and they are very different markets. Its September 2026 figures:
| ZIP code | Typical value, Sept. 2026 | A year earlier | Change |
|---|---|---|---|
| 23113 | $720,126 | $689,091 | +4.5% |
| 23114 | $468,325 | $456,008 | +2.7% |
| 23112 | $434,381 | $423,898 | +2.5% |
| Midlothian (Zillow’s city area) | $468,594 | $456,952 | +2.5% |
ZIP code 23113 is the most expensive of the three by a wide margin and also grew the fastest over the year. ZIP codes 23112 and 23114 sit close to the Midlothian average. For the ZIP code, schools and stores in each part of Midlothian, see our Midlothian neighborhoods guide.
Compared with the region
| Area | Typical value, Sept. 2026 | Change in a year |
|---|---|---|
| Powhatan County | $494,273 | +2.7% |
| Midlothian | $468,594 | +2.5% |
| Chesterfield County | $410,086 | +2.6% |
| Henrico County | $397,454 | +1.8% |
| Richmond (city) | $361,844 | +2.8% |
Source: Zillow county and city series. The Federal Housing Finance Agency’s all-transactions index for the Richmond metro area rose 3.4% from the second quarter of 2025 to the second quarter of 2026, a similar pace measured a different way, from repeat sales and appraisals.
What the numbers mean
- Zillow’s index is not a sale price. It is a modeled value for the middle third of homes, smoothed and seasonally adjusted, and Zillow revises past months. It is useful for trends and comparisons, not for pricing a specific house.
- The Census figure is lower and older. The Census Bureau’s American Community Survey put the median value of owner-occupied homes in the Midlothian census area at $381,600, averaged over 2019 to 2023 and based on what owners said their homes were worth.
- Your assessment is separate. Chesterfield County assesses property at fair market value from local sales, and that figure sets your tax bill. See our property tax guide.
Find recent sales
- The county’s Real Estate Assessment Data search shows each parcel’s assessment and recorded sales.
- Deeds are recorded by the Chesterfield County Circuit Court Clerk.
- Our real estate transfers page lists recent recorded sales in Midlothian.
Related guides
Frequently asked questions
What is the average home price in Midlothian, Virginia?
Zillow’s Home Value Index put the typical Midlothian home at $468,594 in September 2026, up 2.5% from $456,952 a year earlier. It is a modeled value for mid-priced homes, not an average sale price.
Which Midlothian ZIP code has the most expensive homes?
- Zillow’s typical value there was $720,126 in September 2026, against $468,325 in 23114 and $434,381 in 23112. Zillow files all three ZIP codes under Midlothian.
Are home prices in Midlothian still going up?
Yes, but more slowly. Zillow’s Midlothian index rose 2.5% from September 2025 to September 2026, after a 17% gain from 2020 to 2021. Values have risen every month for the past year.
How do Midlothian home prices compare with Chesterfield County?
Midlothian’s typical value of $468,594 is about $58,500 above the Chesterfield County figure of $410,086 for September 2026, and above the city of Richmond’s $361,844.
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