Selling Your Montrose Home

Montrose boasts a healthy real estate market with less than 1% of properties facing foreclosure and a low 6.3% of homes in negative equity. Montrose has a median home value of $227,400 with local homes seeing an increase of 6.5% in value in the last year alone. The median price in Montrose is listed as $161 per square foot, while the lower average is that of $158 per square foot. With an increase in home values in Montrose, the current listed median price of homes in this area have reached up to $359,000.

Housing

Montrose has a very healthy real estate market with only 6.3% of its homes in negative equity and less than 1% of its homes facing foreclosure. Both of these statistics are well below the national average. Montrose’s median home value is is $227,400, and local homes have seen a 6.5% increase in value in the last year alone.

The median price in Montrose as listed per square foot is $161, compared to the lower average of Montrose Metro at $158. The current listed median price of homes in Montrose is $359,900.

Montrose United States
Median Home Age 22  37
Median Home Cost $205,100  $185,800
Home Appreciation (past 12 mo) 6.98%  3.74%
Property Tax Rate $4.89 $11.80
Homes Owned 58.55% 56.34%
Housing Vacant 5.56% 12.45%
Homes Rented 35.89% 31.21%
Average Commute Time 19 minutes 26 minutes

Home Value

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Do you have question, or are you looking to enter the real estate market? Get in touch with our experienced Montrose real estate team today.