Mechanicsville, VA Home Values & Market Trends
Real estate market trends reflect that there have been 1,483 transactions over the past year in Mechanicsville. The median value for residential home transactions that occurred over the previous year is $466,165. The number of current listings in Mechanicsville is 1,389, and the percentage of properties for sale in the city is 1389.00%. Mechanicsville, VA currently has 12 properties in foreclosure, 8 bank owned properties, 4 properties headed for auction, and 1,389 properties for sale.
Mechanicsville, VA Real Estate Market Overview
Housing Market Summary for Mechanicsville, VA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $469.9K | $475K | 1.09% |
| Median Sold Price | $425.3K | $448.6K | 5.48% |
| Homes For Sale | 830 | 1,352 | 62.89% |
| Homes Sold | 613 | 439 | -28.38% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Mechanicsville, VA
Browse Homes in Mechanicsville, VA
Mechanicsville home values range from $129,375 to $2,695,000. The median estimated value of a home in Mechanicsville is $466,165. The median list price of a home is 475,000, and the total count of properties in the city is 1,942.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Mechanicsville, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Mechanicsville, VA; of those zips, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Mechanicsville, VA ranges from the highest value of $953,535 in 23116 to the lowest value of $219,546 in 23111. Bank owned homes and properties account for 0.41% of properties in Mechanicsville, VA. There are 2 zips within Mechanicsville, VA; 23116 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions23116 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Mechanicsville, VA. Auction homes and other auction properties account for 0.21% of all properties in Mechanicsville, VA. There are 2 zips within Mechanicsville, VA; of those zips, the median estimated home value for homes going to auction ranges from $729,167 in 23116 to the lowest value of $277,258 in 23116.
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Guide for Mechanicsville, VA
Virginia Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
