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MONTPELIER, VA 23192

Real Estate Market Report  ·  Hanover County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
31
⇧ 10.7% vs 28 last year
Pending
15
48% pending ratio
Median Price
$692,000
⇩ 11.6% vs $782,475 last year
Average Price
$757,573
⇩ 0.5% vs $761,285 last year
Days on Market
24
⇩ 66.2% vs 71 days last year

Market Context

Population: 6,592  ·  Density: 37.5/mi²  ·  Median household income: $93,822

Typical home value: $337,459  ·  Homeownership: 87.6%

Market Analysis

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

The MONTPELIER, VA real estate market (23192) currently shows 31 active listings, with 15 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 24 days on market compared to 71 days last year.

The median listing price has fallen 11.6% year-over-year, from $782,475 to $692,000.

Whether you are buying or selling in MONTPELIER, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 28 last year
  • Days on market: 24 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $692,000 (-11.6% YoY)
  • Average: $757,573 (-0.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.0 miles — 540 listings ($309,867,072 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23192Montpelier, VA 231920.0 mi31$23,484,763$692,000$757,573
23015Beaverdam, VA 230158.3 mi35$25,323,340$735,878$723,524
23129Oilville, VA 231299.5 mi1$735,000$735,000$735,000
23047Doswell, VA 2304710.7 mi8$6,371,864$774,975$796,483
23005Ashland, VA 2300511.6 mi72$40,161,096$360,000$557,793
23233Henrico, VA 2323312.3 mi93$61,728,750$567,530$663,750
23060Glen Allen, VA 2306013.6 mi88$44,957,792$432,450$510,884
23294Henrico, VA 2329415.0 mi25$10,190,400$399,995$407,616
23153Sandy Hook, VA 2315315.3 mi10$6,319,950$631,995$631,995
22546Ruther Glen, VA 2254615.6 mi91$39,658,528$380,000$435,808
23229Henrico, VA 2322917.0 mi39$22,910,004$449,000$587,436
23063Goochland, VA 2306318.7 mi17$10,667,075$649,000$627,475
23230Richmond, VA 2323019.0 mi30$17,358,510$515,000$578,617

Frequently Asked Questions

How many homes are for sale in MONTPELIER, VA 23192?

As of January 2026, there are 31 active listings in MONTPELIER, VA (zip code 23192), compared to 28 the prior year.

What is the median home price in MONTPELIER, VA 23192?

The median listing price in MONTPELIER, VA 23192 is $692,000 as of January 2026, a 11.6% decrease from $782,475 the prior year.

How long do homes stay on the market in MONTPELIER, VA?

Homes in MONTPELIER, VA 23192 spend an average of 24 days on the market before going under contract, compared to 71 days the prior year.

Is it a seller's or buyer's market in MONTPELIER, VA 23192?

Based on current inventory and days-on-market data as of January 2026, MONTPELIER, VA 23192 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 24 days on market compared to 71 days last year.

How much can I save on real estate commission in MONTPELIER, VA?

With SELL123.com's maximum 3% commission, sellers in MONTPELIER, VA 23192 save an estimated $13,840 compared to a typical 5% commission on the median listing price of $692,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.