Market Overview
Home Prices in Montross, VA
The median home value in Montross, VA is $295,520 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.6% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Montross are priced28% below average.
Over the past five years, Montross home values have risen by approximately17.2%, reflecting steady appreciation in this market.
Price History
Montross Home Price Trend
2020
$232,445
$232K
—
2021
$252,248
$252K
+8.5%
2022
$284,915
$285K
+13.0%
2023
$288,075
$288K
+1.1%
2024
$292,706
$293K
+1.6%
2025
$300,294
$300K
+2.6%
2026
$295,520
$296K
-1.6%
City Comparison
Montross vs. National Median
🏠 Montross
$295,520
National Median
$410,000
At $295,520, homes in Montross cost 28% below the national median of $410,000. This makes Montross a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Montross?
20% Down Payment
$59,104
on $295,520
Monthly P&I
$1,541/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,957/mo
incl. taxes & insurance
Income Needed
$78,280
gross annual (30% rule)
10% Down Option
$29,552
+ PMI applies
Loan Amount (20% dn)
$236,416
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Montross, VA?
The median home value in Montross is $295,520 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.6% year-over-year.
How much have home prices changed in Montross?
Over the past year, home values in Montross have decreased by 1.6%. Over five years, prices have risen approximately 17.2%.
How much do I need to earn to buy a home in Montross?
To comfortably afford the median home price of $295,520 with a 20% down payment ($59,104) at today's rates (6.8%), you'd need a gross annual income of approximately $78,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Montross compare to the national average home price?
The national median home value is approximately $410,000. At $295,520, homes in Montross are 28% below the national average.