The Unshakable Investor

Unshakable ZIP Data 23111 | Mechanicsville, VA Housing Market

Mechanicsville · Hanover County · Richmond, VA metro · Virginia · Data updated June 19, 2026

The median sale price in ZIP 23111, Mechanicsville, Virginia is $429,872 at $226 per square foot. 144 single-family homes sold in the latest period, up 22.1 percent from a year earlier. Homes sit a median of 13 days on market with 1.6 months of supply. Sellers are getting 100.4 percent of list price and 38.6 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$402,111
Average price per sq ft$212
Median sale price$429,872
Median sale price per sq ft$226
Median home size1,899 sq ft
Median new listing price$441,228+11.6%
National size rank2,345

Sales activity

MetricValueYear over year
Homes sold144+22.1%
Median days on market13 days
Months of supply1.6 months
New listings184+18.6%
Active listings255+19.3%
Pending sales178+18.1%

Pricing power

MetricValueYear over year
Average sale-to-list ratio100.4%-0.6 pts
Share sold above list38.6%-12.3 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$345,677
3-bedroom
$372,531
4-bedroom
$456,554
5-bedroom
$579,771

These figures describe the single-family market for Mechanicsville, Virginia ZIP 23111. They are market context, not a substitute for sold comps or a formal appraisal.