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County Overview

Montgomery County, VA

Aggregate real estate market report across county ZIPs
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Montgomery County, VA real estate market currently shows 357 active listings, with 119 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 49 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 65 days on market compared to 52 days last year.

The median listing price has fallen 1% year-over-year, from $429,950 to $425,575.

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Market Context

Market Context

Population: 98,619  ·  Density: 421.5/mi²  ·  Median household income: $55,768

Typical home value: $276,286  ·  Homeownership: 49.5%

Included Areas

Blacksburg: 24062, 24063

Northside Park: 24060

McBryde Village: 24061

Brumfield Acres: 24068

Victory Heights: 24073

Elliston: 24087

McCoy: 24111

Pilot: 24138

Riner: 24149

Shawsville: 24162

Area Map

Market Overview

Active Listings
357
⇧ 15.9% vs 308 last year
Pending
119
33% pending ratio
Median Price
$425,575
⇩ 1% vs $429,950 last year
Average Price
$566,931
⇧ 6.5% vs $532,538 last year
Days on Market
65
⇧ 25% vs 52 days last year

Price Per Square Foot

Median $/sqft
$207
⇩ 2.8% vs $213/sqft last year
Median Home Size
2,169 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇧ 6% vs 0.2% last year
Price Increased
0%
⇩ 15.5%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %