Housing in Montrose, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$255,000
Median List Price
$325,000
Price Per Sq Ft
$187
Days on Market
15
Active Inventory
19
Months of Supply
4.8
Balanced market
Zillow Home Value
$310,574
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
28.6%
Sale-to-List Ratio
100.5%
Seller's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
5
Pending Sales
7
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$187
Median List $/SF
$171
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
$260,100
Median Rent
$1,313
Total Housing Units
1,503
Vacancy Rate
5.6%
Owner Occupied
77.3%
Renter Occupied
22.7%
Median Property Tax
$2,757
per year
Monthly Cost (w/ Mortgage)
$1,592
Housing Types
The current median sale price in Montrose, MN is $255,000 according to Redfin data. Homes spend a median of 15 days on the market. 50.0% of homes sold above asking price. The market has 4.8 months of supply. The median price per square foot is $187. The median rent is $1,313 per month (Census ACS). About 77.3% of housing units are owner-occupied. The median year homes were built is 2002. There are 1,503 total housing units.