Montvale, Virginia.
Typical home $255,618 (+3.2% in a year). Lynchburg, VA metro.
to buy the typical home at today's mortgage rate — +$741 (+123%) since Jan 2020.
- 1 year
- Up $7,991 +3%
- $247,627$255,618 since Sep 2025
- 5 years
- Up $56,627 +28%
- $198,991$255,618 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Montvale$1,342
- Virginia$2,164
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Montvale, VA rose 3.2% over the past year — faster than the nation's +1.2%.
Living in Montvale, Bedford County, Virginia
Montvale, in Bedford County, had 635 people in the 2020 census. Unemployment in Bedford County was 3.4% in August 2026, and the county had 1.0% more jobs in 2025 than the year before. The most people in Bedford County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Montvale is a very small community in Bedford County, Virginia, where people tend to know one another and daily life moves at an unhurried pace. Winters are cold, with some snow, and summers turn warm, with rain and melted snow spread through the year. Home values here sit well below what many other parts of the country ask, and household incomes across Bedford County run a little below those of the state's larger metro areas.
Work. Residents work mainly in schools, hospitals and social care, in manufacturing, in professional and business services, and in shops. Across Bedford County, the largest workplaces include Bedford County Public Schools, Big Island Paper and Bedford Memorial Hospital. Unemployment across the county is low and has held steady from a year earlier, and the number of jobs there has edged up.
Things to do. The nearest well-known places are all a longer drive away. The Booker T. Washington National Monument is a museum devoted to the life of its namesake, and Smith Mountain Lake State Park is a protected area for time by the water. Mill Mountain Zoo is a day out for families, and the Jackson River offers another stretch of river to visit.
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What people in Bedford County work in
Employed residents by industry, from the Census survey. Bedford County had 18,784 jobs in 2025, 1.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 44° and lows near 27°; warmest in July, with highs near 86° and lows near 67°. About 11 inches of snow and 44 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Buchanan weather station, 10 miles away (NOAA).
Largest workplaces in Bedford County
- Bedford County Public SchoolsSchool district1,540FTE
- Big Island Paper334
- WalmartWarehouse clubs and supercenters310
- SentryBelt conveyor systems manufacturing253
- Bedford Memorial HospitalGeneral hospital215FTE
- Custom Truck One Source - ForestCranes, construction-type, manufacturing190
- Parkland DirectPrinting, letterpress180
- Kroger Mid-Atlantic KMASupermarkets and other grocery except convenience stores164
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 55 workplaces with 20 or more staff, 4,501 people in all across the county; Montvale has one of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningRelatively moderate
- Strong windRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Montvale’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Bedford County and the Lynchburg, VA metro.
Montvale home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Montvale$255,618
- Virginia$412,252
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Montvale address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Montvale — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.