Housing in Lake Monticello, VA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$318,500

Median List Price

$364,450

Price Per Sq Ft

$209

Days on Market

53

Active Inventory

43

Months of Supply

3.6

Seller's market

Price Trends

Source: Redfin
Sale Price 2.4%List Price 3.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

8.3%

Off Market in 2 Weeks

14.3%

Sale-to-List Ratio

96.7%

Buyer's market

Sold Above Asking
8.3%
Under Contract in 2 Wks
14.3%
Listings with Price Drops
30.2%

Market Activity

Source: Redfin

Homes Sold

12

New Listings

12

Pending Sales

21

Homes Sold 14.3%New Listings 57.1%Pending 12.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$209

Median List $/SF

$221

Sale $/SF 11.8%List $/SF 20.1%Mar 24Jan 26

Lake Monticello vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Lake Monticello is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$288,300

Median Rent

$2,167

Total Housing Units

4,586

Vacancy Rate

7.5%

Owner Occupied

96.6%

Renter Occupied

3.4%

Median Property Tax

$1,838

per year

Monthly Cost (w/ Mortgage)

$1,448

Housing Types

Single Family
100.0%
Multi-Family
0.0%
Mobile Home
0.0%

The current median sale price in Lake Monticello, VA is $318,500 according to Redfin data. Homes spend a median of 53 days on the market. 8.3% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $209. The median rent is $2,167 per month (Census ACS). About 96.6% of housing units are owner-occupied. The median year homes were built is 1996. There are 4,586 total housing units.