Is Middlesex County, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middlesex County is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Middlesex County has remained a Seller's Market.

Key Takeaway

Middlesex County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Middlesex County, VA cost?

Median Sold Price

$339,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$40,000(+13.4%)

Key Takeaway

Homes in Middlesex County have sold for 13.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $100K$104.5K
+4.5%
2 $265K$267.4K
+0.9%
3 $269.9K$340K
+26.0%
4 $525K$590K
+12.4%
5+ $630K$850K
+34.9%

Median Sold Price Compared To Nearby Counties

King and Queen County
+37.2%
Essex County
+23.1%
Middlesex County
+13.4%
Gloucester County
+9.5%
Mathews County
+9.1%

How many homes are available in Middlesex County, VA?

Number of Homes For Sale

Mar 2022Apr 2022%
9789-8.2%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 22
0.0%
2 1612
-25.0%
3 5853
-8.6%
4 1818
0.0%
5+ 34
+33.3%

Number of Homes Sold

Mar 2022Apr 2022%
2421-12.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middlesex County, expect to pay close to the asking price. 56.3% of homes here sold near the asking price last month.

Average Sale Time

Apr 2021Apr 2022%
113 Days21 Days-80.8%

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Middlesex County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Middlesex County, VA

Number of homes for sale in Middlesex County, VA real estate market have reached 89. In April 2022 in Middlesex County, VA there were 8.2% less homes for sale than in March 2022. In April 2022, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $339,000. Between March 2022 and April 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 4.5% more expensive, the cost of 2 bedrooms properties went up by 0.9%, 3 bedrooms properties prices increased by 26%, the cost of 4 bedrooms properties went up by 12.4%, 5 bedrooms properties became 34.9% more expensive. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 25% less available, 3 bedrooms homes inventory decreased by 8.6%, 4 bedrooms homes inventory did not change, 5 bedrooms homes inventory increased by 33.3%. Middlesex County, VA housing market in April 2022 saw over 5 listings sold above listed price, more than 9 sold at listed price and over 2 sold below.

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