The Lake Montclair housing market is very competitive. The median sale price of a home in Lake Montclair was $650K last month, up 9.2% since last year. The median sale price per square foot in Lake Montclair is $254, up 21.2% since last year.
What is the housing market like in Lake Montclair today?
In October 2024, Lake Montclair home prices were up 9.2% compared to last year, selling for a median price of $650K. On average, homes in Lake Montclair sell after 35 days on the market compared to 30 days last year. There were 13 homes sold in October this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$649,990
+9.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Montclair, VA
$649,990
+9.2%
United States
To compare other locations to the Lake Montclair and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Montclair add value to a home.
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How hot is the Lake Montclair housing market?
Lake Montclair is very competitive. Homes sell in 9 days.
0
100
89
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 9 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.7%
-0.33 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
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 Montclair housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Montclair.
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Montclair has a moderate risk of flooding. 152 properties in Lake Montclair are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Lake Montclair. Flood risk is increasing slower than the national average.
31% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Montclair has a moderate risk of wildfire. There are 579 properties in Lake Montclair that have some risk of being affected by wildfire over the next 30 years. This represents 31% of all properties in Lake Montclair.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Lake Montclair has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Montclair is most at risk from hurricanes. 1,847 properties in Lake Montclair 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 65 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 78 mph.