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Affordable Housing in Montrose, CO

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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 3 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, CO, is a vibrant community nestled against the backdrop of the majestic San Juan Mountains. It offers a serene lifestyle with ample outdoor activities and a friendly atmosphere. Residents enjoy a variety of amenities, excellent schools, and a booming arts scene, making it an ideal place to call home.

Current Market Conditions in Montrose, CO

The real estate market in Montrose has seen a steady increase in activity, with demand for housing growing due to an influx of new residents attracted by the area's natural beauty and amenities. Properties in Montrose are often highly sought after, leading to competitive pricing and multiple offers on desirable homes.

Current trends indicate that home prices have risen by about 10% over the past year, with the average price of homes increasing due to limited inventory. Buyers are particularly interested in newer constructions and properties with easy access to outdoor activities.

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 Affordable Housing


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