Montgomery County, VA Housing

The housing market in Montgomery, VA County is very strong. The median value of a home in the county is $280,600, which is significantly lower than the national median of $338,100. Additionally, the one year appreciation for homes in the county has been 15.75%, higher than the US average of 8.27%. This indicates that Montgomery County is a desirable location for people looking to invest in real estate. As such, demand for housing in this area remains high and home values are likely to continue appreciating over time.

The median home cost in Montgomery County is $280,600. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Montgomery County is up 17.0%.

Average Age of Homes

- The median age of Montgomery County real estate is 32 years old

The Rental Market in Montgomery County

- Renters make up 41.0% of the Montgomery County population
- 1.9% of houses and apartments in Montgomery County, 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	Montgomery, Virginia	United States
	41,085.0	139,647,020.0
	35	42
	$280,600	$338,100
	17.0%	16.6%
	51.8%	57.0%
	65.5%	101.1%
	$7.82	$10.98
	$1,845	$2,690
	47.8%	57.4%
	13.5%	11.2%
	38.7%	31.4%
Vacant Housing
	1.9%	1.9%
	3.2%	0.4%
	0.4%	0.7%
	0.8%	0.4%
	2.3%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	1.1%	2.4%
	1.6%	2.8%
	3.4%	3.9%
	1.8%	4.5%
	13.1%	11.3%
	13.9%	13.0%
	27.9%	20.1%
	15.5%	13.6%
	9.5%	8.3%
	6.3%	9.7%
	0.8%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	16.4%	13.6%
	16.4%	13.6%
	17.1%	13.6%
	16.7%	13.2%
	16.9%	14.8%
	17.1%	13.6%
	5.7%	10.0%
	3.6%	4.7%
	5.5%	12.2%

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