The housing market in Montrose, PA is quite strong. The median value of homes in Montrose is currently $193,900, which is significantly lower than the national average of $338,100. Furthermore, the current 1 year house appreciation rate in Montrose is 10.35%, higher than the national average of 8.27%. This suggests that housing prices in Montrose are on the rise and it appears to be a great time to invest there.
The median home cost in Montrose is $193,900. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Montrose is up 14.3%.
Average Age of Homes
- The median age of Montrose real estate is 78 years old
The Rental Market in Montrose
- Renters make up 34.8% of the Montrose population
- 3.6% of houses and apartments in Montrose, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.