Current Price

$269,444

1 Month Forecast

â–² $275,672

1-Year Forecast *

â–² $287,619

5-Year Forecast *

â–² $325,365

"Is it a good time to buy homes in Monterey?" "Does investing in real estate in Monterey (Virginia State, Highland County) worth it?" According to our live Forecast System, buying a house in Monterey is a acceptable short-term (1-year) investment*. The Monterey average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Monterey" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Monterey in Virginia State, Highland County. If you are looking for homes for sale with good flipping profit, Monterey can be a profitable property investment option. The median price of an average house in Monterey was 269,444 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Monterey" area is 325,365 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +20.75% meaning that investing 100000 USD today may yield a profit of 20,754 USD by 2031.

Current Median Listing Price: 269,444 USD Median Listing Price Per Square Foot: 150 USD

Monterey Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Monterey (Virginia State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Monterey Price Target

Monterey median home price target in 12 months: $287,619* (upside of 6.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $277,249 $274,294 $274,294 $280,598
2024 $253,493 $269,444 $252,136 $269,444
2023 $235,051 $254,289 $235,051 $254,289
2022 $221,437 $235,605 $221,437 $239,088
2021 $197,481 $218,321 $197,481 $218,321
2020 $176,648 $194,453 $176,648 $194,453
2019 $178,006 $177,095 $177,095 $178,442
2018 $176,520 $178,000 $176,520 $180,368
2017 $175,017 $176,678 $175,017 $179,258
2016 $0 $174,374 $0 $174,374
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Monterey Housing Market Forecast

How much does an average home cost in Monterey today?

The value of an average home (the listing price) in Monterey is $269,444 USD.

What is the average price per square foot in Monterey?

According to Walletinvestor the median price per square foot in Monterey is 150 USD.

Will the median listing price of homes in Monterey grow / rise / go up?

Yes. The Monterey home prices may rise from 269,444 USD to 287,619 USD in one year.

Is it profitable to invest in Monterey homes?

Yes. The long-term profit potential is +6.75% in one year.

Will Monterey house prices fall / drop?

No. See above.

What is the predicted price of a Monterey home in 2030?

The predicted home sales price of a Monterey home in 2030 in Monterey is 319,435 USD.

What is the predicted price of a Monterey home in 2035?

The predicted home sales price of a Monterey home in 2035 in Monterey is 372,762 USD.

Will real estate prices decrease in Monterey?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Monterey is the 16536. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Highland, Monterey decreased, looking at the past 12 months.

According to Walletinvestor's Monterey real estate market research, home values will increase in the next 12 months.

Median home values decreased by 3.975% to 269,444 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 6.585% in 2021
  • 6.595% in 2022
  • 5.755% in 2023
  • 7.885% in 2024
  • 6.055% in 2025
  • 7.525% in 2026

Based on our Monterey real estate market research and report the predicted sales prices will increase by 92.083% in the next 10 years.

Over the last 12 months, the value of homes in Monterey fluctuated: decreasing 4 times.

Monterey (Virginia) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Monterey Housing Market Forecast with Real Estate Prices for 2025
August 2025 275672 259131 292212
September 2025 277056 250459 303654
October 2025 278448 261741 295155
November 2025 279846 262776 296917
December 2025 281007 258527 303488
Monterey Housing Market Forecast with Real Estate Prices for 2026
January 2026 280921 266313 295529
February 2026 280804 257217 304392
March 2026 281912 265843 297981
April 2026 283328 257829 308828
May 2026 284751 267951 301552
June 2026 286181 266149 306214
July 2026 287619 264609 310628
August 2026 289063 270274 307852
September 2026 290515 261754 319276
October 2026 291974 277376 306573
November 2026 293441 277595 309286
December 2026 294111 273818 314405
Monterey Housing Market Forecast with Real Estate Prices for 2027
January 2027 293331 266052 320611
February 2027 292554 274123 310984
March 2027 291778 277189 306367
April 2027 291023 269196 312850
May 2027 290339 270015 310663
June 2027 290537 262064 319009
July 2027 291659 271242 312075
August 2027 293123 277295 308952
September 2027 294596 271912 317279
October 2027 296075 273277 318873
November 2027 297562 278518 316606
December 2027 299057 272142 325972
Monterey Housing Market Forecast with Real Estate Prices for 2028
January 2028 300559 275913 325204
February 2028 302068 274580 329556
March 2028 303585 279298 327872
April 2028 305102 283134 327069
May 2028 304292 276602 331983
June 2028 303485 285276 321695
July 2028 303619 278722 328516
August 2028 305144 276460 333827
September 2028 306676 291036 322317
October 2028 308217 281710 334723
November 2028 309765 283744 335785
December 2028 311110 286843 335376
Monterey Housing Market Forecast with Real Estate Prices for 2029
January 2029 311821 293111 330530
February 2029 313118 285250 340985
March 2029 314155 289965 338345
April 2029 315733 288580 342886
May 2029 317319 299549 335089
June 2029 318913 299778 338047
July 2029 319435 298672 340198
August 2029 318588 295650 341526
September 2029 317743 296772 338714
October 2029 316900 294717 339083
November 2029 316572 285231 347913
December 2029 318162 287937 348387
Monterey Housing Market Forecast with Real Estate Prices for 2030
January 2030 319760 299295 340225
February 2030 321366 303048 339684
March 2030 322980 291328 354632
April 2030 324320 297725 350914
May 2030 324220 304767 343673
June 2030 324086 302048 346123
July 2030 325365 294780 355949
August 2030 326999 299531 354467
September 2030 328641 298406 358876
October 2030 330292 313777 346806
November 2030 331950 307054 356847
December 2030 333618 313267 353968
Monterey Housing Market Forecast with Real Estate Prices for 2031
January 2031 335293 309476 361111
February 2031 336977 319791 354163
March 2031 338670 307512 369827
April 2031 339444 315343 363544
May 2031 338544 307059 370028
June 2031 337646 311309 363982
July 2031 336750 305769 367731
August 2031 335880 313712 358048
September 2031 335090 309288 360892
October 2031 335318 311175 359461
November 2031 336613 307328 365898
December 2031 338303 312931 363676
Monterey Housing Market Forecast with Real Estate Prices for 2032
January 2032 340003 320282 359723
February 2032 341710 312665 370756
March 2032 343426 313205 373648
April 2032 345151 316849 373454
May 2032 346885 320175 373595
June 2032 348627 323874 373379
July 2032 350378 322698 378058

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.