Brokers — List your Company Here
Featured local agent — Lake Monticello, VA
Sarah Mitchell
Compass Real Estate · Lake Monticello, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Lake Monticello, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$375,000median sale price
How is the Lake Monticello, VA housing market right now?
The median home sale price in Lake Monticello, VA is $375,000, up 6.7% year-over-year. Homes sell in an average of 25 days with 72 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake Monticello a buyer's or seller's market?
Lake Monticello, VA is currently a seller's market, based on 2.7 months of supply and homes selling in about 25 days. How we determine this →
Homes sold
27
Last 12 weeks
Days on market
25
Average pace
Active listings
72
2.7 months supply
Sale-to-list
99.6%
Below asking
What does the Lake Monticello housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $375,000 |
| Median list price | $372,450 |
| Year-over-year price change | +6.7% |
| Average days on market | 25 days |
| Active inventory | 72 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $194/sq ft |
| Homes sold (latest month) | 27 |
| New listings (latest month) | 34 |
| Listings with a price cut | 43.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Monticello by property type?
How the Lake Monticello, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $395,000 | $198/sq ft | 23 | 27 days |
| Townhouse | $306,290 | $166/sq ft | 4 | 8 days |
Source: Redfin · Updated monthly
The Lake Monticello housing market is currently classified as a seller's market with a median sale price of $375,000. Prices have risen 6.7% compared to last year, with homes spending an average of 25 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lake Monticello
There are currently 72 homes listed for sale in Lake Monticello, Virginia. The median listing price is $372K.
Active listings
72
Homes on market
Median list price
$372K
Avg. days on market
25
Days until sale
New this week
34
Newly listed
Who lives in Lake Monticello?
Population
10,820
Median income
$101,363/yr
Median age
40.7 years
Owner-occupied
96.6%
College grads
49.8%
Avg commute
29.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Lake Monticello?
Lake Monticello is a community of approximately 11K residents with a median age of 40.7 years.The median household income is $101,363, which reflects a relatively affluent area with strong earning potential. 49.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 96.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Monticello offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Monticello, VA?
Want a head-to-head view? Compare Lake Monticello side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Monticello?
The median home sale price in Lake Monticello is $375,000, up 6.7% from last year.
How long do homes stay on market in Lake Monticello?
Homes typically spend 25 days on market before going under contract.
What is the median income in Lake Monticello?
The median household income is $101,363 per year.
Is Lake Monticello a buyer's or seller's market?
With 2.7 months of supply, Lake Monticello is currently a seller's market.
How much does a single-family home cost in Lake Monticello?
The median single-family home price in Lake Monticello, VA is $395,000 (about $198 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Lake Monticello, VA
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Lake Monticello market alerts
Weekly updates on prices, inventory, and trends. Free forever.