Real Estate Price Maphome prices by county

Montgomery County, VA home prices

Montgomery County, VA: the typical home is worth $348,351 as of 2026-05, up +2.5% over the past year and +193.4% since 2000. Listings run about $213/sq…

Data as of · by the Real Estate Price Map data team · methodology & sources

Montgomery County is cooling and overvalued — affordable for what people here earn.

Momentum+2.5%Cooling
Valuation+12%Elevated
Affordability7/10Affordable
Market50 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1978: $47,019 → 2026: $348,351 (7.4×) pre-2000 estimated via FHFA index

Typical value$348,3512026-05
1-year+2.5%
5-year+24.9%
10-year+76.1%
Since 2000+193.4%
Population98k2024
Median income$67,6202023 · 5.2× income
Median rent$1,770/mo2026 · 6.1% gross yield
New homes/yr3232024
Price / sq ft$213listings
Days on market502026-06
Active listings2192026-06
Price cuts18%of listings

Market read

At $348,351, homes in Montgomery County sit 13% above the Virginia median ($309,032) and 49% above the US median ($233,954). That ranks #57 of 133 Virginia counties by price.

Prices are holding steady (+2.5% in the last year) — a balanced market.

Homes here move at a steady pace — a median 50 days on the market, with 18% of listings cutting their asking price.

At 5.2× local income, that's pricier than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Rent and buy are close — ~$1,720/mo to buy (P&I, 20% down) vs $1,770/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Radford City, VA ($260,699) · Roanoke County, VA ($340,883) · Floyd County, VA ($280,139) · Pulaski County, VA ($226,068) · Giles County, VA ($206,668) · Salem City, VA ($294,756)

Frequently asked questions

What is the average home price in Montgomery County, VA?
The typical home in Montgomery County is worth $348,351 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Montgomery County rising or falling?
Prices are up +2.5% over the past year and +193.4% since 2000 — a balanced market.
Is Montgomery County affordable?
At 5.2× the local median income of $67,620, Montgomery County is pricier than the typical US county.
What is the rental yield in Montgomery County?
Median rent is $1,770/mo — a gross rental yield of 6.1% on the typical home.
How fast do homes sell in Montgomery County?
Homes here take a median of 50 days to sell, with 18% of listings cutting their asking price.
Median home value by year
YearMedian home value
2000$118,747
2001$128,564
2002$136,767
2003$145,453
2004$157,851
2005$184,314
2006$212,052
2007$218,594
2008$212,924
2009$197,000
2010$185,605
2011$181,871
2012$179,383
2013$184,205
2014$192,638
2015$187,882
2016$195,895
2017$201,796
2018$211,958
2019$221,910
2020$237,050
2021$264,307
2022$293,919
2023$313,910
2024$327,464
2025$338,819
2026$344,706