Why Live in Montrose
Montrose, located in Henrico County, Virginia, is a small community with around 8,400 residents, situated just 4 miles east of downtown Richmond. This area features modest post-World War II homes, including small cottages, brick-front ranches, and split-level properties, with some bungalows dating back to the early 20th century. Despite rising housing costs, Montrose remains relatively affordable, attracting a mix of young families, retirees, and long-time residents. The community is conveniently close to Richmond International Airport and major employers like Capital One Financial and Virginia Commonwealth University. Residents can enjoy shopping and dining at nearby White Oak Village, which hosts big-box stores and chain restaurants, or explore local spots at Rocketts Landing, such as The Boathouse and Stone Brewing Tap Room. Montrose offers recreational opportunities with the Virginia Capital Trail running through Rocketts Landing and local parks like Montrose Heights Playground and Gillies Creek Park. The area is served by the Henrico County Police Department, with crime rates reported to be lower than the state and national averages. Montrose experiences mild winters and hot, humid summers, with occasional heavy rain and hurricanes.
Home Trends in Montrose, VA
On average, homes in Montrose, VA sell after 19 days on the market compared to the national average of 51 days. The median sale price for homes in Montrose, VA over the last 12 months is $257,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$257,000
Median Single Family Sale Price
$253,000
Average Price Per Sq Ft
$232
Number of Homes for Sale
3
Last 12 months Home Sales
37
Median List Price
$253,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%