The housing market in Montrose, NY is quite strong. The median value of a house in Montrose stands at an impressive $427,800, which is significantly higher than the US national median value of $338,100. Furthermore, Montrose has seen an appreciation rate of 7.98% over the last year, slightly lower than the US national appreciation rate of 8.27%. This suggests that the real estate market in Montrose is holding up well despite some fluctuations in the wider US housing market.
The median home cost in Montrose is $427,800. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Montrose is up 10.6%.
Average Age of Homes
- The median age of Montrose real estate is 57 years old
The Rental Market in Montrose
- Renters make up 15.3% of the Montrose population
- 0.0% 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.