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County Overview

Montgomery County, VA

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

Market Analysis

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

The Montgomery County, VA real estate market currently shows 274 active listings, with 114 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51 days on market compared to 43 days last year.

The median listing price has risen 6.5% year-over-year, from $460,950 to $491,100.

Whether you are buying or selling in Montgomery County, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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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: 24060, 24061, 24062, 24063

Brumfield Acres: 24068

Victory Heights: 24073

Elliston: 24087

Northside Park: 24111

Pilot: 24138

Riner: 24149

Shawsville: 24162

Area Map

Market Overview

Active Listings
274
⇧ 10% vs 249 last year
Pending
114
42% pending ratio
Median Price
$491,100
⇧ 6.5% vs $460,950 last year
Average Price
$644,616
⇧ 17.4% vs $548,995 last year
Days on Market
51
⇧ 18.6% vs 43 days last year

Price Per Square Foot

Median $/sqft
$228
⇩ 0.4% vs $229/sqft last year
Median Home Size
2,212 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇧ 232.5%
Price Increased
0%
⇧ 54.9%
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 %