Housing in Montrose, CO

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$393,250

Median List Price

$426,750

Price Per Sq Ft

$244

Days on Market

35

Active Inventory

112

Months of Supply

5.6

Balanced market

Zillow Home Value

$455,105

ZHVI — January 2026

Zillow Rent Index

$1,974

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.2%List Price 9.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

5.0%

Off Market in 2 Weeks

20.0%

Sale-to-List Ratio

96.3%

Buyer's market

Sold Above Asking
5.0%
Under Contract in 2 Wks
20.0%
Listings with Price Drops
18.8%

Market Activity

Source: Redfin

Homes Sold

20

New Listings

38

Pending Sales

20

Homes Sold 39.4%New Listings 37.7%Pending 59.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$244

Median List $/SF

$303

Sale $/SF 9.6%List $/SF 1.0%Mar 24Jan 26

Montrose vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Montrose is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$359,000

Median Rent

$1,117

Total Housing Units

9,611

Vacancy Rate

9.0%

Owner Occupied

69.8%

Renter Occupied

30.2%

Median Property Tax

$1,356

per year

Monthly Cost (w/ Mortgage)

$984

Housing Types

Single Family
72.7%
Multi-Family
18.5%
Mobile Home
8.8%

The current median sale price in Montrose, CO is $393,250 according to Redfin data. Homes spend a median of 35 days on the market. 5.0% of homes sold above asking price. The market has 5.6 months of supply. The median price per square foot is $244. Zillow's observed rent index is $1,974/month. About 69.8% of housing units are owner-occupied. The median year homes were built is 1994. There are 9,611 total housing units.