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Homes for Sale in Lake Monticello, Palmyra, VA

49 active listings · 1,609 sold since 2020

49

For Sale

$309K

Median Sale Price

8

Median Days on Market

98.7%

Sold-to-List

$166

Price / Sq Ft

Newest homes for sale in Lake Monticello, Palmyra, VA

See all 49 on the map

Lake Monticello, Palmyra, VA home price trend

YearMedian Sale PriceHomes Sold
2026$345K94
2025$373K190
2024$350K190
2023$341K206
2022$317K268
2021$270K331
2020$233K330

At the current trend, the median is modeled to reach about $400K in 2027 (estimate).

Cost to buy in Lake Monticello, Palmyra, VA

At today's ~6.63% 30-year rate, the median $309K home in Lake Monticello, Palmyra, VA runs about $1,995/mo with 20% down (principal & interest plus estimated taxes and insurance).

Estimate only — not a loan offer. Actual rate and payment depend on your profile.

Top agents in Lake Monticello, Palmyra, VA

Most active agents by closed sales here over the past 18 months.

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Lake Monticello, Palmyra, VA real estate FAQ

How many homes are for sale in Lake Monticello, Palmyra, VA?

There are 49 homes currently for sale in Lake Monticello, Palmyra, VA.

How much do homes sell for in Lake Monticello, Palmyra, VA?

The median sale price in Lake Monticello, Palmyra, VA is $309K, based on 1,609 sales since 2020 (ranging from $192K to $628K).

How fast do homes sell in Lake Monticello, Palmyra, VA?

Homes in Lake Monticello, Palmyra, VA typically go under contract in about 8 days on market (median).

Do homes in Lake Monticello, Palmyra, VA sell above asking?

Over the past 12 months, homes in Lake Monticello, Palmyra, VA sold for an average of 98.7% of list price — below asking.

What is the price per square foot in Lake Monticello, Palmyra, VA?

Homes in Lake Monticello, Palmyra, VA have sold for a median of $166 per square foot since 2020.

Is the Lake Monticello, Palmyra, VA housing market heating up or cooling down?

The median sale price in Lake Monticello, Palmyra, VA has risen from $233K in 2020 to $345K in 2026. At the current trend, the median is on track for roughly $400K in 2027 (modeled estimate).

Who are the top real estate agents in Lake Monticello, Palmyra, VA?

The most active agents in Lake Monticello, Palmyra, VA over the past 18 months are: Peggy Shanklin (Long & Foster - Lake Monticello) — 25 sales; The Gunnels Group (Long & Foster - Lake Monticello) — 12 sales; Vicki Wilson (Monticello Country Real Estate, Inc.) — 10 sales.