Housing Prices in Montgomery County, VA

How much do homes in Montgomery County, VA cost?

Median List Price

$326,875

$172/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$1,875(+0.6%)

Key Takeaway

The list price of homes in Montgomery County has increased by 0.6% since last year.

Summary: The median home list price in Montgomery County was $326,875 in March 2024, up 0.6% from the previous year, and the median price per square foot was $172.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $275K-
N/A
2 $195.7K$202.5K
+3.5%
3 $309K$322K
+4.2%
4 $389.9K$445K
+14.1%
5+ $710K$489.9K
-31.0%

Summary: Montgomery County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes decreased by 31%.

Median List Price Compared To Nearby Counties

Floyd County
+33.0%
Pulaski County
+20.0%
Roanoke County
+8.9%
Montgomery County
+0.6%

Housing Supply in Montgomery County, VA

How many homes are available in Montgomery County, VA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1836+100.0%

Summary: The Montgomery County real estate market had 36 homes for sale in March 2024, a 100.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1114
+27.3%
4 614
+133.3%
5+ 16
+500.0%

Summary: The Montgomery County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes increased by 500%.

Days on Market for Montgomery County, VA

How long does it take to sell a home in Montgomery County, VA?

Average Listing Age

Mar 2023Mar 2024CHANGE
193 Days173 Days-10.4%

Summary: Homes in Montgomery County had an average listing age of 173 days in Mar 2024, down by 10.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Montgomery County, VA

Nearby Markets to Montgomery County, VA

What housing markets are near Montgomery County, VA?