Lake Monticello, VA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Lake Monticello, VA is $349,000, up 4.2% year-over-year. Homes sell in an average of 84 days with 38 active listings. The market is currently a seller's market.
$349,000median sale price
Is Lake Monticello a buyer's or seller's market?
Lake Monticello, VA is currently a seller's market, based on 1.7 months of supply and homes selling in about 84 days. How we determine this →
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
Lake Monticello, VA market data
| Metric | Value |
|---|---|
| Median sale price | $349,000 |
| Median list price | $349,900 |
| Year-over-year price change | +4.2% |
| Average days on market | 84 days |
| Active inventory | 38 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 98.8% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
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
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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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