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Foreclosure Homes in Montrose, CO 81401

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Montrose, CO Foreclosures

How much do homes sell for in Montrose, CO?
The average home price is currently $463,050.
In Montrose, CO, how many homes are available?
There are currently 95 active home listings available in Montrose.
What’s the average rental cost in Montrose, CO?
The average rental price in Montrose is $1,335.
What is the most expensive home in Montrose?
The most expensive home sold in Montrose had a price of $13,472,100.
What is currently the cheapest priced home in Montrose, CO?
The cheapest home for sale in Montrose is priced at $16,070.

Living in Montrose, CO

Montrose, Colorado, is a vibrant town nestled in the scenic San Juan Mountains, known for its rich outdoor recreational opportunities and tight-knit community atmosphere. With excellent schools, a diverse range of local amenities, and a plethora of seasonal events, it offers a high quality of life for residents. The charming downtown area boasts shops and cultural venues, cementing Montrose as a picturesque place to call home.

Current Market Conditions in Montrose, CO

The Montrose real estate market has experienced steady growth in recent years, propelled by its appealing lifestyle and diverse outdoor activities. Home prices have seen a gradual upward trend, with many buyers seeking the vibrant community as more individuals move away from urban centers, seeking a more tranquil environment.

In recent months, there has been a shift in buyer preferences, with an increased demand for larger homes and properties with outdoor space as people prioritize home offices and recreation areas. The market remains competitive, with homes often receiving multiple offers, particularly in desirable neighborhoods.

Home Value Estimator For Montrose, CO

There are currently 15,354 real estate properties in Montrose, CO, with a median automated valuation model (AVM) price of $396,228.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montrose, CO, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Montrose, CO, is $463,050.00, with the most expensive house in Montrose, CO, topping out at $13,472,100.00 and the cheapest home in Montrose, CO, clocking in at $16,070.00. In other words, there’s something for every potential homebuyer or savvy investor in Montrose, CO!

Rent Prices In Montrose, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montrose, CO, is on a rollercoaster ride. The average rent price in Montrose, CO, is $1,335.00. Indeed, when looking to rent in Montrose, CO, you can expect to pay as little as $530.00 or as much as $4,300.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Montrose, CO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Montrose, CO 81401 Foreclosures


Market Trend for Montrose, CO

Total Listings Available: 95

Market Values:

Home Prices from $16,070 to $13,472,100

Average Sales Price: $463,050

Rental Values:

Rental from $530 to $4,300

Average Rent Value: $1,335 / month

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