An established, affordable, and well located neighborhood.
Are you looking to live in Midlothian, VA but want a budget-friendly option? Deer Run could be the neighborhood for you. Deer Run is located on Rt. 360 (Hull St.), was established in the late 1980s, and is made up of smaller to mid-sized homes. This makes the neighborhood a strong option for first-time home buyers or families looking to keep their next home purchase affordable. Deer Run is also desirable because it is surrounded by a wide range of shopping, restaurant, and grocery options.
Even though Deer Run is an established community, Rt. 360 W (Hull Street) toward Amelia continues to be a hotspot for new development. Harpers Mill and Magnolia Green are the latest communities built along this corridor, but locals know there are many upcoming opportunities for more development, such as Cosby Village. When an area has steady development, it is often a great place to buy a home because your home is more likely to hold its value or appreciate over time.
Many first-time home buyers who are interested in real estate investing consider homes in Deer Run. It is a common approach to keep the home as a rental property when upsizing in the future, or a way to build home equity as home values in the area have generally held steady or appreciated over time.
This well-established community is part of the Chesterfield County School System but is also in close proximity to many private schools.
School assignment is based on the specific property address; buyers should confirm zoning for any home with Chesterfield County Public Schools before making a decision based on school assignment.
Deer Run's median real estate price is $446,172, with homes primarily built between 1970 and 1999. Recent listings in the neighborhood have ranged from roughly $275,000 to $500,000 depending on size and condition, making it one of the more accessible entry points into Midlothian. Deer Run sits within Chesterfield County's real estate tax rate of $0.89 per $100 of assessed value for 2026.
If you are ready to see what fits your budget, browse current listings in the area or connect with Annemarie Hensley for a personalized market breakdown.
Median real estate price per recent NeighborhoodScout data for Deer Run, Midlothian. Listing price range reflects recent active and sold listings in the area. Tax rate per Chesterfield County Real Estate Assessments, 2026.
Annemarie Hensley and Team Hensley have helped many families buy and sell homes in Deer Run. We would be happy to answer any questions you may have about this community. Want to learn more about other neighborhoods in Chesterfield County, including Harpers Mill? We can help with that too. Contact us today!
No. Deer Run does not have an HOA, which is part of what keeps it an affordable option for first-time buyers in Midlothian.
Deer Run's median real estate price is $446,172, with recent listings ranging from roughly $275,000 to $500,000 depending on size and condition.
Many first-time buyers consider Deer Run for investment purposes, either to keep as a rental when upsizing or to build equity, given the area's steady development along the Hull Street corridor.
The Rt. 360 W (Hull Street) corridor toward Amelia continues to see new development, including Harpers Mill and Magnolia Green, with more growth expected around projects like Cosby Village.
Sources: NeighborhoodScout, Deer Run median real estate price. Recent active and sold listing data for Deer Run, Midlothian. Chesterfield County Real Estate Assessments, 2026 tax rate.
