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MONTPELIER, VA 23192

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

Market Analysis

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

The MONTPELIER, VA real estate market (23192) currently shows 39 active listings, with 22 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are selling faster, averaging 39 days on market compared to 85 days last year.

The median listing price has risen 2.6% year-over-year, from $853,725 to $876,000.

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
39
⇧ 44.4% vs 27 last year
Pending
22
56% pending ratio
Median Price
$876,000
⇧ 2.6% vs $853,725 last year
Average Price
$847,025
⇧ 1.4% vs $835,715 last year
Days on Market
39
⇩ 54.1% vs 85 days last year

Price Per Square Foot

Median $/sqft
$267
⇩ 0.4% vs $268/sqft last year
Median Home Size
3,517 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 27 last year
  • Days on market: 39 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $876,000 (+2.6% YoY)
  • Average: $847,025 (+1.4% 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 — 540 listings ($309,867,072 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23192Montpelier, VA 231920.0 mi31$23,484,763$692,000$757,573
23015Beaverdam, VA 230158.3 mi35$25,323,340$735,878$723,524
23129Oilville, VA 231299.5 mi1$735,000$735,000$735,000
23047Doswell, VA 2304710.7 mi8$6,371,864$774,975$796,483
23005Ashland, VA 2300511.6 mi72$40,161,096$360,000$557,793
23233Henrico, VA 2323312.3 mi93$61,728,750$567,530$663,750
23060Glen Allen, VA 2306013.6 mi88$44,957,792$432,450$510,884
23294Henrico, VA 2329415.0 mi25$10,190,400$399,995$407,616
23153Sandy Hook, VA 2315315.3 mi10$6,319,950$631,995$631,995
22546Ruther Glen, VA 2254615.6 mi91$39,658,528$380,000$435,808
23229Henrico, VA 2322917.0 mi39$22,910,004$449,000$587,436
23063Goochland, VA 2306318.7 mi17$10,667,075$649,000$627,475
23230Richmond, VA 2323019.0 mi30$17,358,510$515,000$578,617

Frequently Asked Questions

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

As of February 2026, there are 39 active listings in MONTPELIER, VA (zip code 23192), compared to 27 the prior year.

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

The median listing price in MONTPELIER, VA 23192 is $876,000 as of February 2026, a 2.6% increase from $853,725 the prior year.

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

Homes in MONTPELIER, VA 23192 spend an average of 39 days on the market before going under contract, compared to 85 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 February 2026, MONTPELIER, VA 23192 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 39 days on market compared to 85 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 $17,520 compared to a typical 5% commission on the median listing price of $876,000. 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.