Housing Prices in Montrose, CO

How much do homes in Montrose, CO cost?

Median List Price

$589,000

$288/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

+$114,000(+24.0%)

Key Takeaway

The list price of homes in Montrose has increased by 24% since last year.

Summary: The median home list price in Montrose was $589,000 in February 2024, up 24% from the previous year, and the median price per square foot was $288.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $695K$695K
0.0%
2 $599K$487.4K
-18.6%
3 $429.9K$544.5K
+26.7%
4 $817.4K$700K
-14.4%
5+ -$749.9K
N/A

Summary: Montrose housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.6%, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes did not change.

Housing Supply in Montrose, CO

How many homes are available in Montrose, CO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
112138+23.2%

Summary: The Montrose real estate market had 138 homes for sale in February 2024, a 23.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 1316
+23.1%
3 5873
+25.9%
4 3035
+16.7%
5+ 1013
+30.0%

Summary: The Montrose housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 30%.

Days on Market for Montrose, CO

How long does it take to sell a home in Montrose, CO?

Average Listing Age

Feb 2023Feb 2024CHANGE
466 Days145 Days-68.8%

Summary: Homes in Montrose had an average listing age of 145 days in Feb 2024, down by 68.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

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