Montvale, VA—24122
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Montvale, VA
As of Oct '25, the median home price in Montvale, VA is $242,000, with a year-over-year change of -1.1%. This indicates that home prices in Montvale, VA are decreasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $242,000 | -1.1% |
| Single Family | $242,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $192,000 | -5.0% |
3 Bed | $256,000 | 0.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Montvale, VA
Montvale, VA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,050 | $1,050 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Montvale, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Montvale, VA is 137. This is a increase of 76.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | 0.0% |
Listing Count | 2 | 33.0% |
| Listings as % of Homes | 0.1% | 33.0% |
Days on Market | 137 | 76.0% |
Demographics — Montvale, VA
As of the latest ACS Survey released in 2023, Montvale, VA has a population of 1,420, which has decreased by -12.8% over the past 5 years. Montvale, VA is a less popular place for families, as children make up 12.6% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,420 | -12.8% |
% Under 18 | 12.6% | -34.4% |
% Seniors | 21.7% | 10.7% |
% WFH | 17.0% | 26.9% |
% w/ College Degree | 18.5% | 18.6% |
As of the latest ACS Survey released in 2023, Montvale, VA is a predominantly white area, with 96.1% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Montvale, VA is hispanic, making up 3.0% of the population. Foreign-born residents account for 3.5% of the population in Montvale, VA, and this percentage has increased by 3400.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.1% | -0.2% |
% Black | 0.1% | -97.1% |
% Hispanic | 3.0% | 2,900.0% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 3.5% | 3,400.0% |
Mortgage and Risk — Montvale, VA
According to HUD data as of 2023, there were 57 mortgage originations in Montvale, VA, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Montvale, VA. Investor activity is low, as 5.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 57 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Montvale, VA
Montvale, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | $430 | $1,050 | $1,480 |
| 4 Bedroom | N/A | N/A | $1,680 |
Affordability — Montvale, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $242,000 |
| Median Household Income | $65,200 |