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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | - | N/A |
2 Bedrooms | $195.7K | $202.5K | +3.5% |
3 Bedrooms | $309K | $322K | +4.2% |
4 Bedrooms | $389.9K | $445K | +14.1% |
5+ Bedrooms | $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 | $262.5K | $349.2K | +33.0% |
Pulaski County | $200K | $239.9K | +20.0% |
Roanoke County | $284.9K | $310.4K | +8.9% |
Montgomery County | $325K | $326.8K | +0.6% |
Housing Supply in Montgomery County, VA
How many homes are available in Montgomery County, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 36 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 6 | 14 | +133.3% |
5+ Bedrooms | 1 | 6 | +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 2023 | Mar 2024 | CHANGE |
---|---|---|
193 Days | 173 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.