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Featured local agent — Montrose, VA
Sarah Mitchell
Compass Real Estate · Montrose, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Montrose, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$250,000median sale price
How is the Montrose, VA housing market right now?
The median home sale price in Montrose, VA is $250,000, up 4.2% year-over-year. Homes sell in an average of 10 days with 5 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, VA is currently a strong seller's market, based on 0.6 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
10
Fast-moving
Active listings
5
0.6 months supply
Sale-to-list
103.4%
Above asking
What does the Montrose housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $250,000 |
| Median list price | $245,000 |
| Year-over-year price change | +4.2% |
| Average days on market | 10 days |
| Active inventory | 5 listings |
| Months of supply | 0.6 months |
| Sale-to-list price ratio | 103.4% |
| Median price per sq ft | $229/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 5 |
| Listings with a price cut | 60.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Montrose by property type?
How the Montrose, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $250,000 | $229/sq ft | 9 | 10 days |
| Townhouse | $311,000 | $202/sq ft | 1 | 290 days |
Source: Redfin · Updated monthly
The Montrose housing market is currently classified as a strong seller's market with a median sale price of $250,000. Prices have risen 4.2% compared to last year, with homes spending an average of 10 days on market, indicating 0.6 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 5.8x provides context for how home values compare to local earning capacity.
Homes for sale in Montrose
There are currently 5 homes listed for sale in Montrose, Virginia. The median listing price is $245K.
Active listings
5
Homes on market
Median list price
$245K
Avg. days on market
10
Days until sale
New this week
5
Newly listed
Who lives in Montrose?
Population
8,624
Median income
$45,063/yr
Median age
39.5 years
Owner-occupied
38.8%
College grads
18.6%
Avg commute
19.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Montrose?
Zillow home value
$261,968
Zillow rent index
$1,595/mo
Price-to-rent ratio
13.7x
Price-to-income
5.8x
Source: Zillow Research
What is it like to live in Montrose?
Montrose is a community of approximately 9K residents with a median age of 39.5 years.The median household income is $45,063, which represents a working-class community with solid middle-income opportunities. 18.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 38.8%, showing a blend of owner and renter-occupied properties. The average commute time is 19.2 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, VA?
Want a head-to-head view? Compare Montrose side-by-side with any other U.S. city using our market-comparison tool.
Is Montrose a good real estate investment market?
For investors evaluating Montrose, the price-to-rent ratio of 13.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 4.2% 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 $250,000, up 4.2% from last year.
How long do homes stay on market in Montrose?
Homes typically spend 10 days on market before going under contract.
What is the median income in Montrose?
The median household income is $45,063 per year.
Is Montrose a buyer's or seller's market?
With 0.6 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 $261,968, 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, VA is $250,000 (about $229 per square foot).
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