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Mechanicsville, VA 23111 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Mechanicsville, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 3535PendingPending sales: 55
Mechanicsville, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $500k$500kSoldMedian sold price (last 6 months): $402k$402k
What homes actually sell for in Mechanicsville, VA
Distribution of 323 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $340k to $500k
$245k to $313k: 37 sales$245k$313k to $381k: 88 sales88sales$381k to $449k: 54 sales$381k$449k to $517k: 58 sales$517k to $586k: 27 sales$517k$586k to $654k: 12 sales$654k to $722k: 8 sales$654k$722k to $790k: 6 salesMedian $402k

What the numbers say

As of October 26, 2026, Resideline is tracking 35 active listings and 5 pending sales in ZIP code 23111. That pending-to-active ratio of 0.14 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $500,000, while the median of the 323 closed sales Resideline tracked over the last six months was $402,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 23111 for 109 days.

Frequently asked questions

What is the median home price in 23111?

The median closed sale price in Mechanicsville, VA 23111 was $402,000 over the last six months, based on 323 closed sales tracked by Resideline. The middle half of those sales ranged from $340,000 to $499,950.

Is 23111 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 35 active listings in 23111, a pending-to-active ratio of 0.14. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 23111 is currently a faster-moving market.

Nearby ZIP code market data

Full Mechanicsville, VA housing market report →

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