Lake Monticello, VA
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
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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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