Montrose, SD Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Montrose, SD is $315,000. Homes sell in an average of 225 days with 5 active listings. The market is currently a balanced market.
$315,000median sale price
Is Montrose a buyer's or seller's market?
Montrose, SD is currently a balanced market, based on 2.5 months of supply and homes selling in about 225 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
225
Average pace
Active listings
5
2.5 months supply
Sale-to-list
96.5%
Below asking
Montrose, SD market data
| Metric | Value |
|---|---|
| Median sale price | $315,000 |
| Average days on market | 225 days |
| Active inventory | 5 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 96.5% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Montrose housing market is currently classified as a balanced market with a median sale price of $315,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 225 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Montrose
There are currently 5 homes listed for sale in Montrose, South Dakota.
Active listings
5
Homes on market
Avg. days on market
225
Days until sale
Top public schools in Montrose
4 schools tracked · 265 students
The largest public schools serving Montrose, SD 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 Elementary - 02
Grades PK-5 · 117 students
Montrose High School - 01
Grades 9-12 · 57 students
Montrose Middle School - 03
Grades 6-8 · 52 students
Orland Colony Elementary - 04
Grades K-8 · 39 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in SD
Frequently asked questions
What is the average home price in Montrose?
The median home sale price in Montrose is $315,000, down 0.0% from last year.
How long do homes stay on market in Montrose?
Homes typically spend 225 days on market before going under contract.
Is Montrose a buyer's or seller's market?
With 2.5 months of supply, Montrose is currently a balanced market.
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