New - 5 days on Rocket3D tour
$4,869 Closing Credit¹
#914412, Listing Office: RE/MAX 8
Montgomery County Housing Market Report January 2025•Montgomery County, Virginia
Housing Prices in Montgomery County, VA
How much do homes in Montgomery County, VA cost?
Median List Price
$325,000$198/SqFt
+$3,005
+0.9%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Montgomery County has increased by 0.9% since last year.
Summary: The median home list price in Montgomery County was $325,000 in January 2025, up 0.9% from the previous year, and the median price per square foot was $198.
Median List Price By Counties
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Giles County | $225K | $295K | +31.1% |
| Roanoke County | $299.9K | $329.9K | +10.0% |
| Pulaski County | $212.5K | $225K | +5.9% |
| Montgomery County | $321.9K | $325K | +0.9% |
| Floyd County | $344.5K | $309.5K | -10.2% |
Median List Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $219.9K | N/A |
| 22 Bedrooms | $227.5K | $210K | -7.7% |
| 33 Bedrooms | $299.9K | $312.4K | +4.2% |
| 44 Bedrooms | $382.5K | $389K | +1.7% |
| 55+ Bedrooms | $619.9K | $549.9K | -11.3% |
Summary: Montgomery County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -7.7%. The home price for 3 bedroom homes increased by +4.2%. The home price for 4 bedroom homes increased by +1.7%. The home price for 5 bedroom homes decreased by -11.3%.
Housing supply in Montgomery County, VA
How many homes are available in Montgomery County, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 22Last MonthJan 2025 | ||
| 192 months agoDec 2024 | +15.8 % Change MoMDec – Jan |
Summary: The Montgomery County real estate market had 22 homes for sale in Jan 2025, a 15.8 % increase compared to Dec 2024.
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 2 | 0.0% |
| 33 Bedrooms | 7 | 9 | +28.6% |
| 44 Bedrooms | 6 | 6 | 0.0% |
| 55+ Bedrooms | 4 | 5 | +25.0% |
Summary: Montgomery County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +28.6%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +25.0%.
Asking Price vs. Sold Price
How much do homes in Montgomery County, VA cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Montgomery County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Montgomery County in January 2025, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and and 25% were sold over asking.
Days on Market for Montgomery County, VA
How long does it take to sell a home in Montgomery County, VA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Montgomery County has remained consistent over time.
Summary: During January 2025, 4 homes were sold in Montgomery County; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 58 DaysThis YearJan 2025 | ||
| 47 Days1 year agoJan 2024 | +21.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Montgomery County had an average listing age of 58 days in Jan 2025, up by 21.8% compared to the previous year.
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Newest Listings in Montgomery County, VA
What homes are available in Montgomery County, VA?
$3,324 Closing Credit¹
#914312, Listing Office: EXP REALTY LLC - FREDERICKSBURG
$2,208 Closing Credit¹
#913905, Listing Office: THOMAS & WALL REAL ESTATE LLC
#913854, Listing Office: PAGE & ASSOCIATES REAL ESTATE
#2501950, Derek Greene, Listing Office: The Greene Realty Group
#660211, CYNTHIA VIEJO, Listing Office: NEST REALTY GROUP
#913478, Listing Office: PAGE & ASSOCIATES REAL ESTATE
#913195, Listing Office: RED KEY REALTY INC
$3,414 Closing Credit¹
#912995, Listing Office: U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD
#912964, Listing Office: WHITETAIL PROPERTIES REAL ESTATE LLC
3D tour
$7,541 Closing Credit¹
#912684, Listing Office: NEST REALTY SWVA
#912534, Listing Office: LONG & FOSTER - NEW RIVER VALLEY
Nearby markets
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MLS Disclaimers and Copyright
Based on information from Roanoke Valley Association of Realtors MLS, BrightMLS, and Central Virginia Regional MLS for the period 02/01/2023 - 02/01/2025
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.
All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reservedData displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.