Housing Prices in Montgomery County, VA

How much do homes in Montgomery County, VA cost?

Median List Price

$325,000

$173/sqft

Based on all homes listed in the last 12 months.

The Median List Price hasn't changed since April 2023.

Key Takeaway

The list price of homes in Montgomery County has remained the same since last year.

Summary: The median home list price in Montgomery County was $325,000 in April 2024, the same as the previous year, and the median price per square foot was $173.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $275K-
N/A
2 $192.4K$202.5K
+5.2%
3 $279K$325K
+16.5%
4 $427K$345K
-19.2%
5+ $672.4K$524.8K
-22.0%

Summary: Montgomery County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 16.5%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes decreased by 22%.

Median List Price Compared To Nearby Counties

Floyd County
+32.3%
Pulaski County
+13.7%
Roanoke County
+10.9%
Montgomery County
0.0%

Housing Supply in Montgomery County, VA

How many homes are available in Montgomery County, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2733+22.2%

Summary: The Montgomery County real estate market had 33 homes for sale in April 2024, a 22.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 119
-18.2%
4 913
+44.4%
5+ 58
+60.0%

Summary: The Montgomery County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 60%.

Days on Market for Montgomery County, VA

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

Average Listing Age

Apr 2023Apr 2024CHANGE
142 Days112 Days-20.9%

Summary: Homes in Montgomery County had an average listing age of 112 days in Apr 2024, down by 20.9% compared to the previous year.

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

Report Updated 2 Days Ago

Newest Listings in Montgomery County, VA

Nearby Markets to Montgomery County, VA

What housing markets are near Montgomery County, VA?