Market Intelligence · VA / Monterey

Monterey, VA 24465 Housing Market

Typical home value in Monterey, VA 24465 is $285,809, up 4.0% over the past year. The median list price stands at $485,000, with homes taking 124 days to sell on average.

Updated August 2026Median value$285K

The median home value in Monterey, VA 24465 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.

Get a cash offer

Sell without the wait

Sell your Monterey home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 24465 range

$262K to $307K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 24465 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Monterey, VA.

12-month value trend

+4.7% over 12 months

Typical home value in 24465 over the last 12 months: $272K in Aug 2025 to $285K in Aug 2026 (+4.7%).

Aug 2025$272K

Aug 2026$285K

The numbers

What is the 24465 housing market like?

Typical home value

$285K

Up4.7%YoY

Median list price

$485K

Up11.9%MoM

Days on market

124

Up14.8%MoM

Homes for sale

11

Down8.3%MoM

Price cuts

0.0%

Down100.0%MoM

New listings

0

Down100.0%MoM

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

Free home value report

See what your 24465 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 24465 home prices compare?

  • 24465$284,628
  • Monterey$284,628
  • Virginia$330,987
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Monterey: 1 ZIPs; Virginia: 757 ZIPs; United States: 26,265 ZIPs).

Context

Monterey has 11 homes for sale as of August 2026, with no new listings entered the market recently. The median time on market of 124 days indicates a slower sales pace, suggesting buyers have room to negotiate. No listings have seen price cuts, which could reflect seller confidence despite the extended selling timeline. For homeowners considering a sale, the combination of fewer active listings and longer days on market means you'll need patience and realistic pricing to connect with interested buyers.

Monthly payment

Estimate your monthly payment.

20% · $56,926

Common questions

What people ask us.

Keep reading

Guides for sellers.