Housing Prices in Midlothian, TX
How much do homes in Midlothian, TX cost?
Median List Price
$499,912
$196/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Midlothian has remained the same since last year.
Summary: The median home list price in Midlothian was $499,912 in May 2024, the same as the previous year, and the median price per square foot was $196.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $325K | $381.2K | +17.3% |
| 3 Bedrooms | $399.9K | $394.5K | -1.4% |
| 4 Bedrooms | $524.8K | $524.4K | -0.1% |
| 5+ Bedrooms | $599K | $597.4K | -0.3% |
Summary: Midlothian housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.3%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 0.3%.
Median List Price Compared To Nearby Cities
| Cedar Hill | $335K | $349.9K | +4.5% |
| Waxahachie | $405.1K | $418.2K | +3.2% |
| Grand Prairie | $350K | $351.1K | 0.3% |
| Midlothian | $499.7K | $499.9K | 0.0% |
Housing Supply in Midlothian, TX
How many homes are available in Midlothian, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 353 | 413 | +17.0% |
Summary: The Midlothian real estate market had 413 homes for sale in May 2024, a 17.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 94 | 109 | +16.0% |
| 4 Bedrooms | 206 | 244 | +18.4% |
| 5+ Bedrooms | 52 | 59 | +13.5% |
Summary: The Midlothian housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 13.5%.
Days on Market for Midlothian, TX
How long does it take to sell a home in Midlothian, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 155 Days | 89 Days | -42.2% |
Summary: Homes in Midlothian had an average listing age of 89 days in May 2024, down by 42.2% compared to the previous year.
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