Zip 81403 (Montrose, CO) Housing

Montrose, CO (zip code 81403) has a housing median value of $508,600, which is 50% higher than the US housing median value of $338,100. In addition, over the last year homes in Montrose have appreciated in value by 20.57%, more than double the national rate at 8.27%. This is indicative of a strong and healthy housing market in Montrose which has seen steady growth over the past year.

The median home cost in Montrose (zip 81403) is $508,600. Home appreciation the last 10 years has been 104.1%. Home Appreciation in Montrose (zip 81403) is up 17.7%.

Average Age of Homes

- The median age of Montrose (zip 81403) real estate is 25 years old

The Rental Market in Montrose (zip 81403)

- Renters make up 16.8% of the Montrose (zip 81403) population
- 0.6% of houses and apartments in Montrose (zip 81403), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Montrose, Colorado	United States
	5,008.0	139,647,020.0
	28	42
	$508,600	$338,100
	17.7%	16.6%
	72.3%	57.0%
	104.1%	101.1%
	$3.85	$10.98
	$1,343	$2,690
	74.7%	57.4%
	9.0%	11.2%
	16.3%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.5%	0.4%
	5.4%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	10.8%	2.6%
	3.0%	2.4%
	0.3%	2.8%
	0.2%	3.9%
	0.4%	4.5%
	2.3%	11.3%
	5.3%	13.0%
	19.1%	20.1%
	17.8%	13.6%
	12.1%	8.3%
	22.0%	9.7%
	3.9%	3.9%
	2.0%	2.2%
	0.5%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	26.3%	13.6%
	26.3%	13.6%
	22.2%	13.6%
	15.3%	13.2%
	13.4%	14.8%
	22.2%	13.6%
	1.4%	10.0%
	2.7%	4.7%
	6.0%	12.2%

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