June's First-Time Homebuyer Report for Middlesex County

Middlesex County is the fourth-youngest county in Virginia, with a median age of 51. It also ranks 52nd in terms of affluence with a median income of $51,686 per household. The three zip codes with the largest populations are 23043, 23149, and Urbanna. The Middlesex County market is almost exclusively made up of detached homes, currently accounting for 96% overall. Topping the list of best schools in the county is Middlesex High School.

Price Range

Some of the more expensive homes in Virginia are in Middlesex County with a median home value of $197,900 and an average list price for available homes currently at $267,608. 23043, Urbanna, and 23149 have the highest worth in the county. The Middlesex County market saw sales reduction 18.8% this week but it is currently in the midst of a confirmed upward sales trend, including 13 homes sold over the last 30 days.

Typical Dwelling

A three-bedroom detached home valued around $290,085 is considered a typical dwelling in Middlesex County. If a buyer was looking for a similar home, they would need good credit and a $58,017 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,220 and the property tax rate is $4.63 per $1,000 of taxable assessed value.

Get started right now by checking out Middlesex County homes for sale or reviewing Middlesex County real estate trends.


Data reported through 6/15/2017

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Va Properties Long & Foster
Snapped 8 homes in this area
Premier Realty of Virginia LLC
Snapped 1 home in this area
Virginia Country Real Estate
Snapped 1 home in this area

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