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Foreclosure Homes in Montrose, SD 57048

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Montrose, SD Foreclosures

How much do homes sell for in Montrose, SD?
The average home price is currently $379,119.
In Montrose, SD, how many homes are available?
There are currently 1 active home listings available in Montrose.
What’s the average rental cost in Montrose, SD?
The average rental price in Montrose is $1,436.
What is the most expensive home in Montrose?
The most expensive home sold in Montrose had a price of $3,712,100.
What is currently the cheapest priced home in Montrose, SD?
The cheapest home for sale in Montrose is priced at $27,359.

Living in Montrose, SD

Montrose, SD is a picturesque small town known for its friendly atmosphere and strong community spirit. With easy access to outdoor activities and local amenities, it’s an ideal place for families and individuals looking for a peaceful lifestyle. The town's educational institutions further enhance its appeal, making it a great place to live and grow.

Current Market Conditions in Montrose, SD

Real estate in Montrose is currently experiencing a steady demand due to its family-friendly environment and affordable prices compared to larger urban areas. Home values have appreciated moderately, reflecting the area's stable community and the influx of new residents seeking a quieter lifestyle.

The market is characterized by a variety of home styles, from traditional single-family residences to more modern constructions, catering to diverse preferences and budgets.

Home Value Estimator For Montrose, SD

There are currently 431 real estate properties in Montrose, SD, with a median automated valuation model (AVM) price of $311,197.00. 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, SD, 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, SD, is $379,119.00, with the most expensive house in Montrose, SD, topping out at $3,712,100.00 and the cheapest home in Montrose, SD, clocking in at $27,359.00. In other words, there’s something for every potential homebuyer or savvy investor in Montrose, SD!

Rent Prices In Montrose, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montrose, SD, is on a rollercoaster ride. The average rent price in Montrose, SD, is $1,436.00. Indeed, when looking to rent in Montrose, SD, you can expect to pay as little as $820.00 or as much as $2,820.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Montrose, SD -- 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, SD 57048 Foreclosures

Market Trend for Montrose, SD

Total Listings Available: 1

Market Values:

Home Prices from $27,359 to $3,712,100

Average Sales Price: $379,119

Rental Values:

Rental from $820 to $2,820

Average Rent Value: $1,436 / month

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