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Why Live in Montpelier
Montpelier is a rural Hanover County community that offers a small-town, country lifestyle just outside Richmond. Known for its rolling farmland, spacious properties and friendly atmosphere, the area appeals to homebuyers seeking more land and a slower pace without giving up everyday convenience. Local shops, restaurants and services line Mountain Road, making it easy to handle daily errands close to home, while Downtown Richmond is roughly a 35 minute drive away. Homes in Montpelier range widely in style, including 1970s ranch-style houses, New Traditional homes and large modern farmhouses. These are often on several acres of land, and some are used as farms. Montpelier is served by highly rated Hanover County Public Schools, including South Anna Elementary nearby and Liberty Middle School and Patrick Henry High School in Ashland. The community maintains a close-knit community feel, with gathering spots like The Montpelier Center, Montpelier Park and the recreation center and library hosting events and activities. Locally owned businesses include pharmacies, grocery shopping, fitness centers and dining options such as Los Rancheros Mexican Grill and Portofino Ristorante Italiano.
Home Prices in Montpelier, VA
The median home sale price in Montpelier, VA is $507,000, down 3% year-over-year. Homes in Montpelier sell in 43 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$507,000
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Median Single Family Sale Price
$578,000
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Average Price Per Sq Ft
$240
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Number of Homes for Sale
32
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Last 12 months Home Sales
89
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Months of Supply
4.30
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Median List Price
$599,974
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Median Change From 1st List Price
1%
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Median Home Sale Price YoY Change
-3%
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