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Featured local agent — Montrose, MI
Sarah Mitchell
Compass Real Estate · Montrose, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Montrose, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$139,950median sale price
How is the Montrose, MI housing market right now?
The median home sale price in Montrose, MI is $139,950, down 30.0% year-over-year. Homes sell in an average of 4 days with 3 active listings. The market is currently a strong seller's 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?
Montrose, MI is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 4 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
4
Fast-moving
Active listings
3
1.5 months supply
Sale-to-list
100.0%
Above asking
What does the Montrose housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $139,950 |
| Median list price | $140,450 |
| Year-over-year price change | -30.0% |
| Average days on market | 4 days |
| Active inventory | 3 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $126/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 66.7% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Montrose by property type?
How the Montrose, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $139,950 | $126/sq ft | 2 | 4 days |
Source: Redfin · Updated monthly
The Montrose housing market is currently classified as a strong seller's market with a median sale price of $139,950. Prices have fallen 30.0% compared to last year, with homes spending an average of 4 days on market, indicating 1.5 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 4.8x provides context for how home values compare to local earning capacity.
Homes for sale in Montrose
There are currently 3 homes listed for sale in Montrose, Michigan. The median listing price is $140K.
Active listings
3
Homes on market
Median list price
$140K
Avg. days on market
4
Days until sale
New this week
2
Newly listed
Who lives in Montrose?
Population
2,057
Median income
$44,625/yr
Median age
32 years
Owner-occupied
57.5%
College grads
10.3%
Avg commute
26.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Montrose?
Zillow home value
$214,717
Price-to-income
4.8x
Source: Zillow Research
What is it like to live in Montrose?
Montrose is a community of approximately 2K residents with a median age of 32 years.The median household income is $44,625, which represents a working-class community with solid middle-income opportunities. 10.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.5%, showing a blend of owner and renter-occupied properties. The average commute time is 26.3 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?
4 schools tracked · 1,462 students
The largest public schools serving Montrose, MI 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.
HillMcCloy High School
Grades 8-12 · 450 students
KuehnHaven Middle School
Grades 4-8 · 418 students
Carter Elementary School
Grades PK-4 · 386 students
Montrose Alternative Education Center
Grades 8-12 · 208 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, MI?
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 $139,950, down 30.0% from last year.
How long do homes stay on market in Montrose?
Homes typically spend 4 days on market before going under contract.
What is the median income in Montrose?
The median household income is $44,625 per year.
Is Montrose a buyer's or seller's market?
With 1.5 months of supply, Montrose is currently a strong seller's market.
What is the Zillow home value estimate for Montrose?
The Zillow Home Value Index (ZHVI) for Montrose is $214,717, 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, MI is $139,950 (about $126 per square foot).
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