House Prices

House Prices & Home Values Montpelier, VA 2026


Average Data

average house price$406,050
average size per house2201 ft²
average price per ft²185 $ / ft²

06/04/2026 - The value range (VR) for house prices in Montpelier, VA is $224/ sqft to $224/ sqft. An average home with 2201 sqft costs approximately $493,024 to $493,024. Montpelier, VA includes 1 ZIP codes and it is located in Hanover county. The lowest prices are found in ZIP 23192, while the highest are in ZIP 23192. The average price per sqare feet is $185. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Montpelier

23192204 $ / ft²




Historical development of home values in Montpelier

Year Estimated value (USD) Change vs. 2025
2010 $188,577 -53.6%
2011 $181,285 -55.4%
2012 $180,797 -55.5%
2013 $187,554 -53.8%
2014 $196,880 -51.5%
2015 $206,985 -49.0%
2016 $217,787 -46.4%
2017 $229,542 -43.5%
2018 $242,232 -40.3%
2019 $253,464 -37.6%
2020 $266,567 -34.4%
2021 $303,191 -25.3%
2022 $353,453 -13.0%
2023 $372,732 -8.2%
2024 $394,295 -2.9%
2025 $406,050 0.0%

Graph: estimated home values in Montpelier over time (USD)



Example: 100% financing house in Montpelier

Loan amount: $406,050

Interest rate: 6.00%

Fixed monthly payment: $2,434.47

Breakdown in the 1st month:
Interest portion: $2,030.25  –  Principal portion: $404.22

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $24,227.36 $4,986.34 $401,063.66
2 $23,919.81 $5,293.89 $395,769.77
3 $23,593.30 $5,620.40 $390,149.37
4 $23,246.64 $5,967.06 $384,182.31
5 $22,878.61 $6,335.09 $377,847.22
6 $22,487.87 $6,725.83 $371,121.39
7 $22,073.04 $7,140.66 $363,980.73
8 $21,632.62 $7,581.08 $356,399.64
9 $21,165.03 $8,048.67 $348,350.98
10 $20,668.61 $8,545.09 $339,805.89
11 $20,141.57 $9,072.13 $330,733.75
12 $19,582.02 $9,631.68 $321,102.07
13 $18,987.95 $10,225.74 $310,876.33
14 $18,357.25 $10,856.45 $300,019.88
15 $17,687.65 $11,526.05 $288,493.83
16 $16,976.75 $12,236.95 $276,256.88
17 $16,222.00 $12,991.70 $263,265.19
18 $15,420.70 $13,793.00 $249,472.19
19 $14,569.98 $14,643.72 $234,828.47
20 $13,666.79 $15,546.91 $219,281.56
21 $12,707.89 $16,505.81 $202,775.75
22 $11,689.85 $17,523.85 $185,251.90
23 $10,609.01 $18,604.69 $166,647.21
24 $9,461.52 $19,752.18 $146,895.03
25 $8,243.25 $20,970.45 $125,924.58
26 $6,949.83 $22,263.86 $103,660.72
27 $5,576.65 $23,637.05 $80,023.66
28 $4,118.77 $25,094.93 $54,928.73
29 $2,570.97 $26,642.73 $28,286.00
30 $927.70 $28,286.00 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Montpelier, VA


1500 sqft3900 sqft
Ø selling price$335,775$714,285
Ø fast selling$305,250$642,857
Ø high price sale$366,301$785,714

In 2026, houses in Montpelier, VA will be offered at an average price of $185 per square foot. A 1,500 sqft home priced at $335,775 is 20.88% more expensive per square foot than a 3,900 sqft home priced at $714,285. Home prices in Montpelier, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $494,506. Sellers who can wait longer may achieve a higher price of up to $604,395.


Discover Montpelier, VA

Location & Lifestyle

Montpelier, VA is a charming rural community in Hanover County known for rolling farmland and small-town hospitality.
Located northwest of Richmond along U.S. Route 33, it offers a peaceful setting with convenient access to the region?s major employers and shopping in Short Pump.

Things to Do

Visitors and residents enjoy local gathering spots like the Montpelier Center for Arts & Education, community parks, and seasonal farmers markets.
Outdoor enthusiasts find scenic drives, horseback riding, and cycling routes that showcase Central Virginia?s hardwood forests and open fields.

History & Character

History buffs appreciate nearby landmarks and centuries-old homesteads that reflect Hanover?s deep colonial roots.
The area?s rural character blends with modern amenities, making Montpelier, Virginia an appealing choice for those seeking elbow room without sacrificing convenience.

Housing & Schools

Real estate in Montpelier ranges from wooded homesites and horse properties to custom builds, with values influenced by acreage, road access, and school zones.
Families are served by highly regarded Hanover County Public Schools, and community events foster strong neighbor-to-neighbor connections.

Dining & Access

Dining options include country stores and local eateries, while broader restaurant, brewery, and shopping choices are a short drive away in Ashland and Richmond.
Whether you?re planning a weekend drive or a long-term move, Montpelier, VA delivers a serene lifestyle, authentic rural charm, and easy connectivity to the Greater Richmond area.



FAQ – Home Values in Montpelier

What is the median home value in Montpelier in 2026?

In 2026, the typical home value in Montpelier is about $406,050 for an average home size of 2201 square feet. This corresponds to an average price of roughly $185 per square foot.

What is the average cost per square foot in Montpelier?

In 2026, homes in Montpelier sell for an average of around $185 per square foot, with a typical range between $224 and $224 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Montpelier is about 2201 square feet, with an estimated 2026 value around $406,050.



Locations close to Montpelier, VA

Richmond, VA217 $ / ft²
Henrico, VA257 $ / ft²
Accomac, VA194 $ / ft²
Williamsburg, VA201 $ / ft²
West Point, VA253 $ / ft²
Water View, VA233 $ / ft²
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