House Prices

House Prices & Home Values Monterey, VA 2026


Average Data

average house price$199,900
average size per house455 ft²
average price per ft²440 $ / ft²

06/21/2026 - The value range (VR) for house prices in Monterey, VA is $439/ sqft to $439/ sqft. An average home with 455 sqft costs approximately $199,745 to $199,745. Monterey, VA includes 1 ZIP codes and it is located in Highland county. The lowest prices are found in ZIP 24465, while the highest are in ZIP 24465. The average price per sqare feet is $440. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Monterey

24465452 $ / ft²




Historical development of home values in Monterey

Year Estimated value (USD) Change vs. 2025
2010 $92,837 -53.6%
2011 $89,247 -55.4%
2012 $89,007 -55.5%
2013 $92,334 -53.8%
2014 $96,925 -51.5%
2015 $101,899 -49.0%
2016 $107,217 -46.4%
2017 $113,004 -43.5%
2018 $119,252 -40.3%
2019 $124,781 -37.6%
2020 $131,232 -34.4%
2021 $149,262 -25.3%
2022 $174,006 -13.0%
2023 $183,497 -8.2%
2024 $194,113 -2.9%
2025 $199,900 0.0%

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



Example: 100% financing house in Monterey

Loan amount: $199,900

Interest rate: 6.00%

Fixed monthly payment: $1,198.50

Breakdown in the 1st month:
Interest portion: $999.50  –  Principal portion: $199.00

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,927.22 $2,454.80 $197,445.20
2 $11,775.82 $2,606.20 $194,839.00
3 $11,615.07 $2,766.95 $192,072.06
4 $11,444.41 $2,937.61 $189,134.45
5 $11,263.23 $3,118.79 $186,015.66
6 $11,070.87 $3,311.15 $182,704.51
7 $10,866.64 $3,515.38 $179,189.13
8 $10,649.82 $3,732.20 $175,456.94
9 $10,419.63 $3,962.39 $171,494.55
10 $10,175.24 $4,206.78 $167,287.76
11 $9,915.77 $4,466.25 $162,821.52
12 $9,640.30 $4,741.72 $158,079.80
13 $9,347.84 $5,034.17 $153,045.63
14 $9,037.35 $5,344.67 $147,700.96
15 $8,707.70 $5,674.32 $142,026.64
16 $8,357.72 $6,024.30 $136,002.34
17 $7,986.15 $6,395.86 $129,606.48
18 $7,591.67 $6,790.35 $122,816.13
19 $7,172.86 $7,209.16 $115,606.97
20 $6,728.21 $7,653.80 $107,953.17
21 $6,256.14 $8,125.87 $99,827.29
22 $5,754.96 $8,627.06 $91,200.23
23 $5,222.86 $9,159.16 $82,041.07
24 $4,657.94 $9,724.08 $72,317.00
25 $4,058.18 $10,323.84 $61,993.16
26 $3,421.43 $10,960.59 $51,032.57
27 $2,745.41 $11,636.61 $39,395.96
28 $2,027.68 $12,354.33 $27,041.63
29 $1,265.70 $13,116.32 $13,925.31
30 $456.71 $13,925.31 $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 Monterey, VA


1500 sqft3900 sqft
Ø selling price$798,601$1,698,841
Ø fast selling$726,001$1,528,957
Ø high price sale$871,201$1,868,725

In 2026, houses in Monterey, VA will be offered at an average price of $440 per square foot. A 1,500 sqft home priced at $798,601 is 23.64% more expensive per square foot than a 3,900 sqft home priced at $1,698,841. Home prices in Monterey, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $1,176,120. Sellers who can wait longer may achieve a higher price of up to $1,437,480.

FAQ – Home Values in Monterey

What is the median home value in Monterey in 2026?

In 2026, the typical home value in Monterey is about $199,900 for an average home size of 455 square feet. This corresponds to an average price of roughly $440 per square foot.

What is the average cost per square foot in Monterey?

In 2026, homes in Monterey sell for an average of around $440 per square foot, with a typical range between $439 and $439 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 Monterey is about 455 square feet, with an estimated 2026 value around $199,900.



Locations close to Monterey, VA

Mount Sidney, VA350 $ / ft²
Port Republic, VA108 $ / ft²
Raphine, VA126 $ / ft²
Montebello, VA253 $ / ft²
Millboro, VA249 $ / ft²
Middlebrook, VA91 $ / ft²
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