A home in Montrose is worth 48% less than the middle of British Columbia’s towns
Owners valued the median home at $376,000 in 2021, where the median of British Columbia’s towns was $720,000. Statistics Canada counted 25 buyers in 2022, paying a median $400,000. On the 2024 assessment, the middle residential property is valued at $433,000.
What Montrose’s homes are worth, three ways
Each source sits beside its own median for British Columbia’s towns; none compares across provinces, which value homes in their own ways. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices.
median, owners’ estimate
- Average
- $402K
- Owners
- 410
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $360K
- ÷ buyers’ income
- 4.6×
- Buyers
- 25
- British Columbia’s towns
- $682K
all residential
- Houses
- $443K
- Properties
- 460
- British Columbia’s towns
- $671K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Before 1961: 34% of the homes in Montrose, where British Columbia’s towns have 11%
Montrose had 430 occupied homes at the 2021 census, 98% of them single-detached houses.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Montrose | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 10% | 8% |
| Needing major repairs | 8% | 6% | 6% |
| Too small for the household | under 1% | 4% | 3% |
| Households in core housing need | under 1% | 10% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Permits in Montrose ran at 3.5 homes a year per 1,000, where British Columbia’s towns ran at 18.1
Building permits added 8 homes in Montrose between 2018 and 2023: some 2 a year. Houses dominate the permits, at 67% in single-unit buildings (British Columbia’s towns: 27%).
Most in 2021: 5 new homes
A year with no report is left out.
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Montrose is cheaper than most of British Columbia’s towns: 48% under their $720,000 median
The census values of British Columbia’s towns, 254 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Montrose: Trail and Warfield
The places around Montrose at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Montrose | $376K | $402K | 94% | |
| Fruitvale | $360K | $366K | 81% | 4.9 |
| Electoral Area A, Kootenay Boundary | $448K | $446K | 91% | 5.1 |
| Trail | $310K | $342K | 69% | 7.8 |
| Warfield | $348K | $378K | 79% | 11.6 |
| Rossland | $500K | $527K | 80% | 15.1 |
| Electoral Area B (Lower Columbia-Old-Glory), Kootenay Boundary | $400K | $424K | 94% | 16.3 |
Census 2021 values; km.
Questions about property prices in Montrose
How many households in Montrose are in core housing need?
In Montrose, under 1% of households are in core housing need, against 10% for British Columbia’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
Is Montrose expensive for British Columbia?
Below the norm for British Columbia’s towns, whose median home is worth $720,000; Montrose’s is worth less.
What are houses and condos assessed at in Montrose?
Houses had a median assessment of $443,000 in 2024.
What is the average house price in Montrose?
The average sale was $360,000 in 2022, and at the median, buyers paid 4.6 times their income.
Can I see individual sales or prices by street?
Only in total: Statistics Canada releases each town’s median and average sale and its number of buyers, never a single sale.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).