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Mechanicsville, VA 23116 Real Estate & Property Data

Mechanicsville, VA 23116 Real Estate Market Trends

Last Updated: September 06, 2025

A total of 544 residential properties have been sold over the past 12 months in 23116. With a median sales price of $532,450 in 23116 and a total of 1 foreclosures in Mechanicsville, VA 23116. Discover market trends and get the granular level real estate data for Mechanicsville, VA 23116 to keep your pulse on the housing market. Curate compelling home reports for Mechanicsville, VA 23116 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

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Total Residential Properties 13,407

Total Commercial Properties 412

Avg. Home Age (Single Family Home) 31 Years

Avg. Square Feet (Single Family Home) 2,361

Total 2025 Residential Sales (year-to-date) 245

% of Homes Seriously Underwater (Q3 2025) 0.47%

Total 2024 Residential Sales 489

% of Equity Rich Homes (Q3 2025) 44.13%

Effective 2024 Property Tax 0.72%

Total Foreclosure Filings (year-to-date) 14

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Mechanicsville, VA 23116 Real Estate Overview

There were 544 residential properties sold in the past year in Mechanicsville, VA 23116. The median home value in Mechanicsville, VA 23116 is $480,760. There are a total of 13,407 residential properties in the 23116.

Median Sales Price i

$532,450

(Jun 2025)

-3.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $532,450
May '25 May '25 $525,000
April '25 Apr '25 $508,000
March '25 Mar '25 $481,500
February '25 Feb '25 $440,000
January '25 Jan '25 $469,500
December '24 Dec '24 $460,000
November '24 Nov '24 $486,000
October '24 Oct '24 $532,500
September '24 Sep '24 $500,000
August '24 Aug '24 $535,000
July '24 Jul '24 $480,000

Median Down Payment i

$104,925

(Jun 2025)

+19.6%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $104,925
May '25 May '25 $106,250
April '25 Apr '25 $107,045
March '25 Mar '25 $33,950
February '25 Feb '25 $82,500
January '25 Jan '25 $55,120
December '24 Dec '24 $90,000
November '24 Nov '24 $87,600
October '24 Oct '24 $84,500
September '24 Sep '24 $97,600
August '24 Aug '24 $77,250
July '24 Jul '24 $94,950

Number of Homes Sold i

(Jun 2025)

+16.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 56
May '25 May '25 62
April '25 Apr '25 38
March '25 Mar '25 47
February '25 Feb '25 20
January '25 Jan '25 22
December '24 Dec '24 43
November '24 Nov '24 37
October '24 Oct '24 48
September '24 Sep '24 31
August '24 Aug '24 41
July '24 Jul '24 51

Number of Purchase Loans i

(Jun 2025)

+7.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 43
May '25 May '25 41
April '25 Apr '25 35
March '25 Mar '25 32
February '25 Feb '25 19
January '25 Jan '25 20
December '24 Dec '24 37
November '24 Nov '24 37
October '24 Oct '24 35
September '24 Sep '24 31
August '24 Aug '24 33
July '24 Jul '24 42

Number of REFI Loans i

(Jun 2025)

-4.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 23
May '25 May '25 23
April '25 Apr '25 36
March '25 Mar '25 38
February '25 Feb '25 31
January '25 Jan '25 22
December '24 Dec '24 22
November '24 Nov '24 24
October '24 Oct '24 41
September '24 Sep '24 49
August '24 Aug '24 32
July '24 Jul '24 27

Number of HELOC Loans i

(Jun 2025)

-20%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 12
May '25 May '25 27
April '25 Apr '25 21
March '25 Mar '25 12
February '25 Feb '25 9
January '25 Jan '25 16
December '24 Dec '24 14
November '24 Nov '24 13
October '24 Oct '24 10
September '24 Sep '24 15
August '24 Aug '24 12
July '24 Jul '24 24

Mechanicsville, VA 23116 Real Estate Market Overview

Last 30 days

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Mechanicsville, VA 23116 Foreclosure Activity

There were a total of 1 Mechanicsville, VA 23116 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 1 Mechanicsville, VA 23116 properties and repossessed 1 Mechanicsville, VA 23116 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i

(Jun 2025)

-87.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years