Housing in Montrose, IA is a great investment for those looking to buy. The median value of housing in Montrose, IA is currently $146,400, which is far lower than the US House Median Value of $338,100. Additionally, over the past year there has been an 11.61% appreciation rate in house values in Montrose, IA - higher than the 8.27% appreciation rate seen across the US as a whole. With such strong appreciation and a low median value for houses, buying a home in Montrose can be a great decision for those looking to invest in their future.
The median home cost in Montrose is $146,400. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Montrose is up 15.1%.
Average Age of Homes
- The median age of Montrose real estate is 46 years old
The Rental Market in Montrose
- Renters make up 22.5% 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.