Market Intelligence · VA / Monterey

Monterey, VA 24465 Housing Market

The typical home in Monterey, VA 24465 is valued at $280,493, up 4.6% over the past year. Homes currently listed have a median list price of $440,000 and typically spend 168 days on market before sale.

Updated September 2026Median value$280K

The median home value in Monterey, VA 24465 is $280K as of September 2026, up 4.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with 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

$258K to $303K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

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

+4.6% over 12 months

Typical home value in 24465 over the last 12 months: $268K in Sep 2025 to $280K in Sep 2026 (+4.6%).

Sep 2025$268K

Sep 2026$280K

The numbers

What is the 24465 housing market like?

Typical home value

$280K

Up4.6%YoY

Median list price

$440K

Down9.3%MoM

Days on market

168

Up35.5%MoM

Homes for sale

11

Flat0.0%MoM

Price cuts

0.0%

New listings

2

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 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$280,493
  • Monterey$280,493
  • Virginia$328,255
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Monterey: 1 ZIP; Virginia: 757 ZIPs; United States: 26,262 ZIPs).

Context

Monterey's small inventory of 11 homes for sale reflects a tight market, with only 2 new listings arriving in September 2026. The gap between typical home value and median list price suggests the pricier homes currently marketed are well above average for the area. At 168 days on market, homes are taking considerable time to sell, which is a slowdown worth noting for anyone planning to list. No listings have seen price reductions, even with extended marketing periods. For a seller, this signals a market where patience and realistic pricing matter more than speed.

Monthly payment

Estimate your monthly payment.

20% · $56,099

Common questions

What people ask us.

What is a typical home worth in Monterey, VA 24465?

The typical home value in this ZIP is $280,493, which has increased 4.6% over the past year.

How long do homes take to sell in Monterey?

Homes in Monterey spend a median of 168 days on market before sale.

How many homes are for sale in Monterey right now?

There are currently 11 homes listed for sale in the 24465 ZIP code, with 2 new listings as of September 2026.

Keep reading

Guides for sellers.