The Lake Monticello housing market is very competitive. The median sale price of a home in Lake Monticello was $409K last month, up 16.2% since last year. The median sale price per square foot in Lake Monticello is $192, down 2.8% since last year.
What is the housing market like in Lake Monticello today?
In June 2025, Lake Monticello home prices were up 16.2% compared to last year, selling for a median price of $409K. On average, homes in Lake Monticello sell after 14 days on the market compared to 9 days last year. There were 19 homes sold in June this year, down from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$409,000
+16.2% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Lake Monticello, VA
$409,000
+16.2%
United States
To compare other locations to the Lake Monticello and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lake Monticello add value to a home.
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How hot is the Lake Monticello housing market?
Lake Monticello is very competitive. Homes sell in 15.5 days.
0
100
80
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 16 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Lake Monticello, VA
99.8%
-0.56 pt
United States
Lake Monticello Migration & Relocation Trends
In Feb '25 - Apr '25, 65% of Lake Monticello homebuyers searched to move out of Lake Monticello, while 35% looked to stay within the metropolitan area.
Where are people moving to Lake Monticello from?
Across the nation, 0.13% of homebuyers searched to move into Lake Monticello from outside metros.
Washington homebuyers searched to move into Lake Monticello more than any other metro followed by Virginia Beach and New York.
Where are people from Lake Monticello moving to?
35% of Lake Monticello homebuyers searched to stay within the Lake Monticello metropolitan area.
Harrisonburg was the most popular destination among Lake Monticello homebuyers followed by Lynchburg and Myrtle Beach.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Monticello housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Monticello.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Monticello has a minor risk of flooding. 374 properties in Lake Monticello are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Lake Monticello. Flood risk is increasing slower than the national average.
64% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Monticello has a moderate risk of wildfire. There are 3,435 properties in Lake Monticello that have some risk of being affected by wildfire over the next 30 years. This represents 64% of all properties in Lake Monticello.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Lake Monticello has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Monticello is most at risk from hurricanes. 5,289 properties in Lake Monticello have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 54 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 67 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Lake Monticello has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Lake Monticello have a Major Heat Factor®.
Lake Monticello is expected to see a 157% increase in the number of days over 104ºF over the next 30 years. Lake Monticello is expected to experience 8