Zip 22963 (Lake Monticello, VA) Housing

Housing in 22963 Lake Monticello, VA is currently valued at $309,800. This is lower than the US median value of $338,100. However, the 1 year house appreciation is much higher in Lake Monticello than the national rate of 8.27%, with a 14.98% increase in housing value over the past year. This suggests that Lake Monticello is an attractive area for potential homebuyers and investors, and may result in further increases to housing values in the future.

The median home cost in Lake Monticello (zip 22963) is $309,800. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Lake Monticello (zip 22963) is up 14.9%.

Average Age of Homes

- The median age of Lake Monticello (zip 22963) real estate is 22 years old

The Rental Market in Lake Monticello (zip 22963)

- Renters make up 15.0% of the Lake Monticello (zip 22963) population
- 0.8% of houses and apartments in Lake Monticello (zip 22963), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake Monticello, Virginia	United States
	6,930.0	139,647,020.0
	26	42
	$309,800	$338,100
	14.9%	16.6%
	47.5%	57.0%
	68.6%	101.1%
	$7.56	$10.98
	$1,826	$2,690
	83.9%	57.4%
	8.6%	11.2%
	7.5%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	2.6%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	1.0%	2.4%
	0.2%	2.8%
	1.0%	3.9%
	0.5%	4.5%
	6.8%	11.3%
	21.4%	13.0%
	38.7%	20.1%
	10.5%	13.6%
	12.4%	8.3%
	5.4%	9.7%
	0.3%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	28.1%	13.6%
	28.1%	13.6%
	29.8%	13.6%
	17.5%	13.2%
	9.1%	14.8%
	29.8%	13.6%
	1.3%	10.0%
	1.7%	4.7%
	3.8%	12.2%

Reviews for Lake Monticello

See all (0)

Write a Review

Start Your Review of Lake Monticello

Commute