New Listing
38
$354,900
1136 N 1st St
Montrose, CO 81401
2 bd1 ba1,162 sqft$305/ft²
House6,970 sqft lot
Otoniel (Tony) Amaya-Ibarra · Keller Williams Colorado West Realty
View photos & details
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Compass Real Estate · Montrose, CO
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Montrose, CO Housing Market & Real Estate
Balanced market+6.3% YoY
Housing market overview · Updated monthly ·
$454,500median sale price
How is the Montrose, CO housing market right now?
The median home sale price in Montrose, CO is $454,500, up 6.3% year-over-year. Homes sell in an average of 30 days with 150 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Montrose a buyer's or seller's market?
Balanced market3.6 months of supply30 avg. days on market
Montrose, CO is currently a balanced market, based on 3.6 months of supply and homes selling in about 30 days. How we determine this →
Homes sold
42
Last 12 weeks
Days on market
30
Average pace
Active listings
150
3.6 months supply
Sale-to-list
98.5%
Below asking
What does the Montrose housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $454,500 |
| Median list price | $510,000 |
| Year-over-year price change | +6.3% |
| Average days on market | 30 days |
| Active inventory | 150 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $274/sq ft |
| Homes sold (latest month) | 42 |
| New listings (latest month) | 62 |
| Listings with a price cut | 28.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Montrose by property type?
How the Montrose, CO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $460,000 | $274/sq ft | 40 | 26 days |
| Condo / Co-op | $220,000 | $267/sq ft | 1 | 78 days |
| Townhouse | $335,750 | $241/sq ft | 2 | 125 days |
Source: Redfin · Updated monthly
The Montrose housing market is currently classified as a balanced market with a median sale price of $454,500. Prices have risen 6.3% compared to last year, with homes spending an average of 30 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.5x provides context for how home values compare to local earning capacity.
Homes for sale in Montrose
There are currently 150 homes listed for sale in Montrose, Colorado. The median listing price is $510K. Featured listings range from $354,900 to $1,249,000.
New Listing
36
$418,000
1043 Margo Ct Apt D
Montrose, CO 81401
2 bd3 ba1,738 sqft$241/ft²
Townhouse2,614 sqft lot
Julia Seglund · Canyon Creek Realty, LLC
View photos & details
New Listing
25
$435,000
2105 Market St
Montrose, CO 81401
3 bd2 ba1,483 sqft$293/ft²
House6,534 sqft lot
Diana Atha Team · Keller Williams Colorado West Realty
View photos & details
New Listing
34
$455,000
301 Colonial Ct
Montrose, CO 81401
3 bd2 ba1,636 sqft$278/ft²
House8,276 sqft lot
Isaiah Perez · Keller Williams Realty Southwest Associates, LLC - Montrose
View photos & details
New Build
27
$456,000
1629 Fivemile Creek Ave
Montrose, CO 81401
3 bd2 ba1,456 sqft$313/ft²
House6,055 sqft lot
Elise Bowles · NextHome Virtual
View photos & details
30
$459,000
1427 Blue Creek Ave
Montrose, CO 81401
4 bd2 ba1,640 sqft$280/ft²
House6,534 sqft lot
Shawn Carroll · NEXTHOME VIRTUAL
View photos & details
New Listing
28
$499,900
1565 Hickory Dr
Montrose, CO 81401
3 bd2 ba1,637 sqft$305/ft²
House10,890 sqft lot
Peg Evanoika · CENTURY 21 Elevated Real Estate
View photos & details
New Listing
36
$499,900
1416 Colonial Dr
Montrose, CO 81401
4 bd2 ba1,930 sqft$259/ft²
House7,405 sqft lot
Dana Roesener · Phelps Real Estate Group
View photos & details
New Listing
29
$524,000
3712 Buffalo Ln
Montrose, CO 81403
3 bd2 ba1,647 sqft$318/ft²
House8,712 sqft lot
Diana Atha Team · Keller Williams Colorado West Realty
View photos & details
New Build
34
$534,000
1839 6429 Cir
Montrose, CO 81403
3 bd3 ba1,827 sqft$292/ft²
House8,712 sqft lot
Jennifer Thomas · NextHome Virtual
View photos & details
New Listing
45
$544,900
3856 Scarlet Ct
Montrose, CO 81401
2 bd3 ba1,665 sqft$327/ft²
House9,148 sqft lot
Linda Steil · Berkshire Hathaway HomeServices Colorado Properties
View photos & details
New Listing
38
$1,249,000
3802 Aspen Grove Ln
Montrose, CO 81401
4 bd3 ba2,604 sqft$480/ft²
House2.33 acres
Diana Atha Team · Keller Williams Colorado West Realty
View photos & details
Looking to buy in Montrose?
Get connected with a local real estate expert — free, no obligation.
Active listings
150
Homes on market
Median list price
$510K
Avg. days on market
30
Days until sale
New this week
62
Newly listed
Price drops:28.0%of listings
Sale-to-list:98.5%
Who lives in Montrose?
Population
20,703
Median income
$63,177/yr
Median age
45.9 years
Owner-occupied
69.8%
College grads
33.6%
Avg commute
21.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Montrose?
Zillow home value
$472,177
Zillow rent index
$2,027/mo
Price-to-rent ratio
19.4x
Price-to-income
7.5x
Source: Zillow Research
What is it like to live in Montrose?
Montrose is a community of approximately 21K residents with a median age of 45.9 years.The median household income is $63,177, which represents a working-class community with solid middle-income opportunities. 33.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Montrose offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Montrose?
13 schools tracked · 5,100 students
The largest public schools serving Montrose, CO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Montrose High School
Grades 9-12 · 1,275 students
Centennial Middle School
Grades 6-8 · 555 students
Johnson Elementary School
Grades PK-5 · 528 students
Columbine Middle School
Grades 6-8 · 508 students
Cottonwood Elementary School
Grades K-5 · 412 students
Oak Grove Elementary School
Grades K-5 · 387 students
Northside Elementary School
Grades K-5 · 338 students
Pomona Elementary School
Grades K-5 · 328 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Montrose, CO?
Want a head-to-head view? Compare Montrose side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Montrose?
Is Montrose a good real estate investment market?
For investors evaluating Montrose, the price-to-rent ratio of 19.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Montrose's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Montrose's median home price.
Frequently asked questions
What is the average home price in Montrose?
The median home sale price in Montrose is $454,500, up 6.3% from last year.
How long do homes stay on market in Montrose?
Homes typically spend 30 days on market before going under contract.
What is the median income in Montrose?
The median household income is $63,177 per year.
Is Montrose a buyer's or seller's market?
With 3.6 months of supply, Montrose is currently a balanced market.
How many homes are for sale in Montrose?
There are currently 150 homes listed for sale in Montrose, CO.
What is the Zillow home value estimate for Montrose?
The Zillow Home Value Index (ZHVI) for Montrose is $472,177, representing the typical home value in the area.
What is the median condo price in Montrose?
The median condo/co-op sale price in Montrose, CO is $220,000, compared to $460,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Montrose?
The median single-family home price in Montrose, CO is $460,000 (about $274 per square foot).
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