24141 — Montgomery County, Virginia Market Snapshot

Housing market data for zip code 24141 in Montgomery County, Virginia. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

52 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$289,650

4.9% YoYClosed sales

Days to Sell

24

Median, listing to close

Homes Sold

52

Closed in 2026

Inventory

45

Sale-to-List

97.9%

New Listings

93

Price/SqFt

$168

Pending Sales

75

Conforming Loan Available

Most homebuyers in 24141 can comfortably use conventional financing. The median home price of $289,650 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

Homes in 24141 are moving quickly at 24 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

The average home in 24141 sells for 2.1% below asking price (97.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 24141 can comfortably use conventional financing. The median home price of $289,650 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 24141 are set at the county level.

2026 Loan Limits — Montgomery County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 24141

To purchase the median home at $289,650 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,369.

Monthly Payment

$2,369

Income Required

$101,537

Principal & Interest

$1,785/mo

Down Payment (5%)

$14,483

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 24141.

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Estimated Monthly Payment

$1,943

Principal & Interest$1,503
Property Tax$290
Insurance$150
Loan Amount$231,720
Total Interest$309,335
Income Required$83,253/yr

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