Montrose, SD Foreclosures
How much do homes sell for in Montrose, SD?
The average home price is currently $393,035.
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 $19,600.
Living in Montrose, SD
Montrose, SD is a peaceful small town characterized by its close-knit community and natural beauty. Residents enjoy a quiet lifestyle with access to essential amenities and a variety of outdoor activities. The town's welcoming atmosphere makes it a great place for families and individuals seeking tranquility away from urban chaos.
Current Market Conditions in Montrose, SD
The real estate market in Montrose, SD is currently experiencing a steady demand for homes. With its picturesque environment and community-oriented lifestyle, many homebuyers are drawn to the appeal of living in this charming town. The availability of affordable housing is a significant factor contributing to the rising interest in the Montrose area, creating a balanced market for buyers and sellers alike.
In recent months, there has been a noticeable uptick in home sales as new listings attract potential buyers. At the same time, the home prices have remained relatively stable, making Montrose an attractive option for first-time homebuyers and families looking for a serene living experience.
Home Value Estimator For Montrose, SD
There are currently 532 real estate properties
in Montrose, SD,
with a median automated valuation model (AVM) price
of $325,385.00. 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 $393,035.00, 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 $19,600.00. 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.
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