Why Live in Monterey
Monterey, located in northeast Roanoke, is a middle-class neighborhood surrounded by greenery, including two golf courses and the Read Mountain Preserve. The area features ranch-style homes, split-levels from the ‘70s and ‘80s, and Colonial Revivals from the ‘90s and 2000s, with prices ranging from $200,000 to the low $300,000s. The neighborhood lacks parks but offers recreational opportunities at Ole Monterey Golf Club and Blue Hills Golf Club, with the latter hosting competitive tournaments. For outdoor activities, residents can drive 8 miles to Read Mountain Preserve, which has five miles of trails leading to a 2,350-foot peak. Local amenities include George’s Market, known for its craft beer selection, and a few businesses 2 miles away on Plantation Road, including Food Lion and Walmart Neighborhood Market. More extensive shopping and dining options are available 5 miles away at Valley View Mall and 4 miles away in Downtown Roanoke. The neighborhood is served by Roanoke City Public Schools, with most students attending Monterey Elementary School, Lucy Addison Middle School, and William Fleming High School. Public transportation is accessible via a bus stop at Old Mountain Road and Hollins Road, connecting residents to Roanoke-Blacksburg Regional Airport and downtown. Monterey is safer than the national average, making it a practical choice for families and individuals seeking a community-oriented environment.
Home Trends in Monterey, VA
On average, homes in Monterey, Roanoke sell after 20 days on the market compared to the national average of 52 days. The median sale price for homes in Monterey, Roanoke over the last 12 months is $250,000, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$250,000
Median Single Family Sale Price
$250,000
Average Price Per Sq Ft
$165
Number of Homes for Sale
4
Last 12 months Home Sales
36
Median List Price
$249,925
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-8%