23111 Home Values & Market Trends

There are 63 homes currently listed for 23111. 23111 real estate market trends show that home prices range from $210,000 to $1,400,000, and the median sales price in the 23111 zip code is $354,809.71. The total number of properties sold within the past twelve months is 596. In 23111, 3 properties are in foreclosure, 0 are bank owned properties,and 3 are headed for auction.

23111 Real Estate Market Overview

CityMedian Est. Value
Mechanicsville

$ 409,987

$ 194/sqft

Housing Market Summary for 23111

Mar 2023February 2024Change
Median Listing Price$379.9K$342.3K-9.91%
Median Sold Price$335K$342.3K2.18%
Homes For Sale55609.09%
Homes Sold33338916.82%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 23111

The median list price of a home in Mechanicsville, is $354,809.71. A total of 63 properties are for sale, and the percentage of properties for sale in the zip code is 63.00%. The total count of 23111 properties is 14,984.

Foreclosure
There is 1 cities within 23111; within this cities, the median estimated home value for homes in foreclosure ranges from $777,892 in mechanicsville to the lowest value of $253,138 in mechanicsville. Foreclosure homes account for 0.00% of properties in 23111 with mechanicsville containing 10 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 23111 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 23111; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 23111 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 23111. There is 1 cities within 23111; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    mechanicsville has 10 auction properties, the highest number of properties going to auction in a single city in the state of 23111. Auction homes and other auction properties account for 0.02% of all properties in 23111. There is 1 cities within 23111; of that cities, the median estimated home value for homes going to auction ranges from $777,892 in mechanicsville to the lowest value of $253,138 in mechanicsville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.42% of residential properties in 23111 with mechanicsville containing 114 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 23111; homes for sale in that cities, have a range of median values from $1,600,000 in mechanicsville to the lowest value of $57,162 in mechanicsville.
    Sold Homes
    The median value for recently sold homes ranges from $1,501,950 in mechanicsville to the lowest price of $48,758 in mechanicsville. There is 1 cities within 23111. mechanicsville has 686 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.55% of properties in 23111.

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      Guide for 23111

      Market Reports
      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      Investing Strategies
      How To Decide Which Real Estate Market To Invest In
      Wholesale
      4 Tips on How To Buy a House Wholesale
      See More Articles
      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      Market Reports|posted 13 February 2024

      The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.

      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      How To Decide Which Real Estate Market To Invest In
      Investing Strategies|posted 8 March 2024

      We list the key factors and strategies to consider when deciding which real estate market to invest in.

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      Recently Listed Homes 23111

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