Zip 23192 (Montpelier, VA) Housing

The housing market in 23192 Montpelier, VA is doing well. The median value of homes in this area is $369,200 - higher than the US median value of $338,100. Furthermore, the 1 year house appreciation rate for Montpelier is 11.54%, which is higher than the US average of 8.27%. This indicates that housing prices are increasing and that Montpelier may be an attractive place to invest in real estate.

The median home cost in Montpelier (zip 23192) is $369,200. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Montpelier (zip 23192) is up 15.6%.

Average Age of Homes

- The median age of Montpelier (zip 23192) real estate is 25 years old

The Rental Market in Montpelier (zip 23192)

- Renters make up 10.0% of the Montpelier (zip 23192) population
- 0.0% of houses and apartments in Montpelier (zip 23192), 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	Montpelier, Virginia	United States
	2,506.0	139,647,020.0
	31	42
	$369,200	$338,100
	15.6%	16.6%
	48.1%	57.0%
	70.2%	101.1%
	$7.50	$10.98
	$2,294	$2,690
	83.6%	57.4%
	4.1%	11.2%
	12.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.6%	2.4%
	0.1%	2.8%
	0.0%	3.9%
	3.1%	4.5%
	8.2%	11.3%
	7.8%	13.0%
	29.2%	20.1%
	15.8%	13.6%
	11.8%	8.3%
	19.7%	9.7%
	1.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	2.6%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	13.2%	13.6%
	13.2%	13.6%
	29.3%	13.6%
	15.1%	13.2%
	19.4%	14.8%
	29.3%	13.6%
	4.0%	10.0%
	1.5%	4.7%
	2.7%	12.2%

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