Lake Monticello, VA

Seller's market+4.2% YoY

Housing market overview · Updated weekly

$349,000median sale price

Homes sold

22

Last 12 weeks

Days on market

84

Average pace

Active listings

38

1.7 months supply

Sale-to-list

98.8%

Below asking

The Lake Monticello housing market is currently classified as a seller's market with a median sale price of $349,000. Prices have risen 4.2% compared to last year, with homes spending an average of 84 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Lake Monticello

There are currently 38 homes listed for sale in Lake Monticello, Virginia. The median listing price is $350K.

Active listings

38

Homes on market

Median list price

$350K

Avg. days on market

84

Days until sale

New this week

17

Newly listed

Price drops:39.5%of listings
Sale-to-list:98.8%

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Frequently asked questions

What is the average home price in Lake Monticello?

The median home sale price in Lake Monticello is $349,000, up 4.2% from last year.

How long do homes stay on market in Lake Monticello?

Homes typically spend 84 days on market before going under contract.

Is Lake Monticello a buyer's or seller's market?

With 1.7 months of supply, Lake Monticello is currently a seller's market.

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