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Market Intelligence · VA / Highland County

Monterey, VA housing market

1 ZIP market liveData updated August 2026Typical value$285K1-yr changeUp4.7%

The median home value in Monterey, VA is $285K as of August 2026, up 4.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Monterey, by the numbers.

Typical home valueZillow ZHVI, August 2026
$285K
1-yr changeMedian across Monterey ZIPs
+4.7%
ZIP markets live
1
County
Highland County

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12-month value trend

+4.7% over 12 months

Typical home value in Monterey over the last 12 months: $272K in Aug 2025 to $285K in Aug 2026 (+4.7%).

Aug 2025$272K

Aug 2026$285K

Median Zillow home value index across Monterey's ZIP codes.

Context

As of August 2026, Zillow's index pegs the typical Monterey home at $284,628, a 12-month move of +4.7%. Turning to what is for sale, Realtor.com counts 11 homes on the market, 0 newly listed, and a median asking price of $485,000 as of August 2026. Listings sit a median 124 days before selling, with 0.0% of active homes cutting their price. Taken together, the numbers describe a rising market with clear year-over-year appreciation.

The numbers

What is the housing market like in Monterey, VA?

Typical home value

$285K

Up4.7%YoY

Median list price

$485K

Days on market

124

Homes for sale

11

Price cuts

0.0%

New listings

0

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Monterey's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Monterey?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, August 2026

Local pros

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Top real estate agents in Monterey, VA

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Nearby markets

More Virginia housing markets.

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