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Featured local agent — Montrose, IL
Sarah Mitchell
Compass Real Estate · Montrose, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Montrose, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$200,000median sale price
How is the Montrose, IL housing market right now?
The median home sale price in Montrose, IL is $200,000. Homes sell in an average of 43 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of September 2025 — 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?
Montrose, IL is currently a balanced market and homes selling in about 43 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
43
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Montrose housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $200,000 |
| Average days on market | 43 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $104/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Montrose by property type?
How the Montrose, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $200,000 | $104/sq ft | 1 | 43 days |
Source: Redfin · Updated monthly
The Montrose housing market is currently classified as a balanced market with a median sale price of $200,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 43 days on market.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 3.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Montrose
Explore homes currently listed for sale in Montrose, Illinois across major real estate platforms.
Who lives in Montrose?
Population
276
Median income
$54,821/yr
Median age
40.6 years
Owner-occupied
75.9%
College grads
8.7%
Avg commute
35 min
Source: U.S. Census Bureau ACS
What are homes worth in Montrose?
Zillow home value
$191,689
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Montrose?
Montrose is a community of approximately 0K residents with a median age of 40.6 years.The median household income is $54,821, which represents a working-class community with solid middle-income opportunities. 8.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 35 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Montrose offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Montrose, IL?
Want a head-to-head view? Compare Montrose side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Montrose?
The median home sale price in Montrose is $200,000, down 0.0% from last year.
How long do homes stay on market in Montrose?
Homes typically spend 43 days on market before going under contract.
What is the median income in Montrose?
The median household income is $54,821 per year.
What is the Zillow home value estimate for Montrose?
The Zillow Home Value Index (ZHVI) for Montrose is $191,689, representing the typical home value in the area.
How much does a single-family home cost in Montrose?
The median single-family home price in Montrose, IL is $200,000 (about $104 per square foot).
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