All Home Types
Lake Monticello, VA Housing Market
What is the housing market like in Lake Monticello today?
In May 2025, Lake Monticello home prices were up 2.8% compared to last year, selling for a median price of $352K. On average, homes in Lake Monticello sell after 12 days on the market compared to 14 days last year. There were 31 homes sold in May this year, up from 23 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$351,500
+2.8% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Lake Monticello, VA
$351,500
+2.8%
United States
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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.
- 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 moving to Lake Monticello from?
- 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.
Where are people from Lake Monticello moving to?
Number of People Moving to Lake Monticello
least
most
People are moving to Lake Monticello from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 317 | ||
| 2 | 90 | ||
| 3 | 37 | ||
| 4 | 31 | ||
| 5 | 22 | ||
| 6 | 21 | ||
| 7 | 12 | ||
| 8 | 11 | ||
| 9 | 10 | ||
| 10 | 10 | ||
People are leaving Lake Monticello for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 26 | ||
| 2 | 16 | ||
| 3 | 12 | ||
| 4 | 12 | ||
| 5 | 8 | ||
| 6 | 7 | ||
| 7 | 7 | ||
| 8 | 7 | ||
| 9 | 6 | ||
| 10 | 6 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake Monticello.
Provided by First Street Foundation
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