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Featured local agent — Montrose, IA
Sarah Mitchell
Compass Real Estate · Montrose, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Montrose, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$47,500median sale price
How is the Montrose, IA housing market right now?
The median home sale price in Montrose, IA is $47,500, down 85.3% year-over-year. Homes sell in an average of 47 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 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?
Montrose, IA is currently a seller's market, based on 1.0 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
47
Average pace
Active listings
1
1.0 months supply
Sale-to-list
86.4%
Below asking
What does the Montrose housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $47,500 |
| Median list price | $299,500 |
| Year-over-year price change | -85.3% |
| Average days on market | 47 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 86.4% |
| Median price per sq ft | $61/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Montrose by property type?
How the Montrose, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $47,500 | $61/sq ft | 1 | 47 days |
Source: Redfin · Updated monthly
The Montrose housing market is currently classified as a seller's market with a median sale price of $47,500. Prices have fallen 85.3% compared to last year, with homes spending an average of 47 days on market, indicating 1.0 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 2.7x provides context for how home values compare to local earning capacity.
Homes for sale in Montrose
There are currently 1 homes listed for sale in Montrose, Iowa. The median listing price is $300K.
Active listings
1
Homes on market
Median list price
$300K
Avg. days on market
47
Days until sale
New this week
1
Newly listed
Who lives in Montrose?
Population
688
Median income
$73,333/yr
Median age
51.6 years
Owner-occupied
93.2%
College grads
10.6%
Avg commute
16.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Montrose?
Zillow home value
$195,894
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Montrose?
Montrose is a community of approximately 1K residents with a median age of 51.6 years.The median household income is $73,333, which represents a working-class community with solid middle-income opportunities. 10.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 93.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 16.9 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 cities are near Montrose, IA?
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 $47,500, down 85.3% from last year.
How long do homes stay on market in Montrose?
Homes typically spend 47 days on market before going under contract.
What is the median income in Montrose?
The median household income is $73,333 per year.
Is Montrose a buyer's or seller's market?
With 1.0 months of supply, Montrose is currently a seller's market.
What is the Zillow home value estimate for Montrose?
The Zillow Home Value Index (ZHVI) for Montrose is $195,894, 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, IA is $47,500 (about $61 per square foot).
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