Housing in Montrose, MI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$137,500

Median List Price

$144,900

Price Per Sq Ft

$144

Days on Market

52

Active Inventory

3

Months of Supply

1.5

Seller's market

Zillow Home Value

$198,103

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 1.9%List Price 13.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

98.7%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
66.7%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

2

Pending Sales

3

Homes Sold 33.3%New Listings 50.0%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$144

Median List $/SF

$100

Sale $/SF 39.8%List $/SF 33.8%Mar 24Jan 26

Montrose vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 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

$109,700

Median Rent

$801

Total Housing Units

886

Vacancy Rate

2.3%

Owner Occupied

57.5%

Renter Occupied

42.5%

Median Property Tax

$2,494

per year

Monthly Cost (w/ Mortgage)

$952

Housing Types

Single Family
72.7%
Multi-Family
27.0%
Mobile Home
0.3%

The current median sale price in Montrose, MI is $137,500 according to Redfin data. Homes spend a median of 52 days on the market. 0.0% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $144. The median rent is $801 per month (Census ACS). About 57.5% of housing units are owner-occupied. The median year homes were built is 1963. There are 886 total housing units.