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MONTPELIER, VA 23192

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

Market Analysis

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

The MONTPELIER, VA real estate market (23192) currently shows 43 active listings, with 24 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 31 days on market compared to 61 days last year.

The median listing price has risen 1.5% year-over-year, from $822,456 to $834,463.

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 Context

Market Context

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

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

Market Overview

Active Listings
43
⇧ 22.9% vs 35 last year
Pending
24
56% pending ratio
Median Price
$834,463
⇧ 1.5% vs $822,456 last year
Average Price
$814,843
⇧ 3.5% vs $787,538 last year
Days on Market
31
⇩ 49.2% vs 61 days last year

Price Per Square Foot

Median $/sqft
$264
⇧ 11.4% vs $237/sqft last year
Median Home Size
3,287 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 43 this year vs 35 last year
  • Days on market: 31 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $834,463 (+1.5% YoY)
  • Average: $814,843 (+3.5% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.0 miles — 557 listings ($324,948,297 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23192Montpelier, VA 231920.0 mi39$33,033,975$876,000$847,025
23015Beaverdam, VA 230158.3 mi37$27,733,091$744,428$749,543
23129Oilville, VA 231299.5 mi1$725,000$725,000$725,000
23047Doswell, VA 2304710.7 mi7$5,829,271$834,975$832,753
23005Ashland, VA 2300511.6 mi79$40,478,810$370,000$512,390
23233Henrico, VA 2323312.3 mi98$63,428,050$545,183$647,225
23060Glen Allen, VA 2306013.6 mi78$42,343,782$473,688$542,869
23294Henrico, VA 2329415.0 mi24$9,682,008$402,138$403,417
23153Sandy Hook, VA 2315315.3 mi10$6,490,000$649,000$649,000
22546Ruther Glen, VA 2254615.6 mi90$38,079,630$376,000$423,107
23229Henrico, VA 2322917.0 mi44$25,974,080$441,925$590,320
23063Goochland, VA 2306318.7 mi20$13,528,060$689,000$676,403
23230Richmond, VA 2323019.0 mi30$17,622,540$528,725$587,418

Frequently Asked Questions

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

As of April 2026, there are 43 active listings in MONTPELIER, VA (zip code 23192), compared to 35 the prior year.

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

The median listing price in MONTPELIER, VA 23192 is $834,463 as of April 2026, a 1.5% increase from $822,456 the prior year.

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

Homes in MONTPELIER, VA 23192 spend an average of 31 days on the market before going under contract, compared to 61 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 April 2026, MONTPELIER, VA 23192 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 61 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 $16,689 compared to a typical 5% commission on the median listing price of $834,463. 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.