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…
Montgomery County is cooling and overvalued — affordable for what people here earn.
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
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 →
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?
Are home prices in Montgomery County rising or falling?
Is Montgomery County affordable?
What is the rental yield in Montgomery County?
How fast do homes sell in Montgomery County?
| Year | Median 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 |