The housing market in Montrose, CO County is thriving. The median value of homes in Montrose is $391,600, which is higher than the US median house value of $338,100. Additionally, the one-year appreciation rate for houses in Montrose is 8.52%, which is higher than the national average of 8.27%. Therefore, investing in housing in Montrose can be a very attractive option for those seeking to invest in real estate.
The median home cost in Montrose County is $391,600. Home appreciation the last 10 years has been 104.2%. Home Appreciation in Montrose County is up 17.7%.
Average Age of Homes
- The median age of Montrose County real estate is 28 years old
The Rental Market in Montrose County
- Renters make up 27.5% of the Montrose County population
- 2.2% of houses and apartments in Montrose County, 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.