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Housing in Montrose

390 homes sold in Montrose in the last year, at a typical $438K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Montrose homes are listed.

Homes sold
390
June 2025 to May 2026
Typical sale price
$438K
median, weighted by sales
Price per square foot
$277
Colorado $273
Paid vs. asking
98.1%
13% sold over asking
For sale now
150
May 2026 · 42 sold that month
What sold · last 12 months

Houses are 90% of Montrose’s sales, at a typical $448K

390 homes sold in the year to May 2026.

Houses$448K

typical sale · 350 sold in 12 months

Per square foot
$281CO $243
Days to sell
38
Sold over asking
13%
Listings with a price cut
27%
Fewer sales

Townhouses: 39 sold, typical $342K
Condos: 1 sold, typical $220K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.2 times the 2016 price

390 sales in the last year, against 513 in 2021 and a low of 328 in 2012. The typical sale went from $198K in 2016 to $438K.

Homes soldTypical sale price
0137275412550$200K$300K$400K$500K2012: 328 sold, typical $142K’122013: 361 sold, typical $160K2014: 368 sold, typical $166K’142015: 438 sold, typical $187K2016: 458 sold, typical $198K’162017: 451 sold, typical $214K2018: 495 sold, typical $232K’182019: 481 sold, typical $252K2020: 497 sold, typical $279K’202021: 513 sold, typical $357K2022: 470 sold, typical $399K’222023: 388 sold, typical $412K2024: 440 sold, typical $437K’242025: 401 sold, typical $436KLast 12 months: 390 sold, typical $438KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $450K buys in Montrose

Houseat $281 a sq ft
The same money in Coloradoat $243 a sq ft

Is this asking price fair?

Check a listing against what Montrose homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Montrose are back to pre-pandemic levels, with about as many homes for sale

We read every month of Montrose’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 390 sales.

If you’re buying in Montrose

  • Shop in March. It brings about 49 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
  • Bid near asking. Buyers paid 98.1% of the list price on average; 13% paid over.
  • You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 40 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 60 a month), but April is the most competitive: 23% of April sales close over asking. March and April offer nearly as much choice with fewer homes bid up (19%). November has the least competition (14%) but only about 30 new listings.

New listings a monthShare sold over asking
01530456013%27%40%Sweet spotJan: 32 new listings a month, 20% sold over asking, 81 days to sellJFeb: 38 new listings a month, 15% sold over asking, 76 days to sellFMar: 49 new listings a month, 19% sold over asking, 65 days to sellMApr: 53 new listings a month, 23% sold over asking, 56 days to sellAMay: 60 new listings a month, 20% sold over asking, 54 days to sellMJun: 57 new listings a month, 21% sold over asking, 51 days to sellJJul: 58 new listings a month, 22% sold over asking, 51 days to sellJAug: 47 new listings a month, 18% sold over asking, 58 days to sellASep: 43 new listings a month, 18% sold over asking, 55 days to sellSOct: 35 new listings a month, 16% sold over asking, 59 days to sellONov: 30 new listings a month, 14% sold over asking, 67 days to sellNDec: 24 new listings a month, 17% sold over asking, 69 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Colorado

Montrose now2017–192021 peakCO now
Sold over askingShare of sales that closed above the list price13%17%37%19%
Gone within two weeksShare of homes under contract within 14 days30%4%1%30%
Listings with a price cutShare of homes for sale that cut their price25%——32%
Price paid vs. askingAverage sale price ÷ list price98.1%98.6%99.5%98.3%
Days to sellMedian days from listing to contract40675150
Supply

120 homes for sale on a typical day

That’s 1.3 times the 2022 low (96), 15% fewer than in 2017–19 and well under 2013’s 200.

2012: 180 for sale’122013: 200 for sale2014: 193 for sale2015: 170 for sale’152016: 151 for sale2017: 135 for sale2018: 142 for sale’182019: 146 for sale2020: 140 for sale2021: 102 for sale’212022: 96 for sale2023: 103 for sale2024: 114 for sale’242025: 108 for saleLast 12 months: 120 for saleNow
Room to negotiate

1 in 4 listings has cut its price

25% in the last year, against — in 2017–19 and 32% across Colorado.

2022: 32%’222023: 23%2024: 23%2025: 24%’25Last 12 months: 25%Now
Across Colorado

Montrose ranks 77th of 106 busy Colorado markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Montrose is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Montrose home costs about $2,422 a month

Mortgage
Property tax
Insurance
Rent

Price: Montrose’s typical sale, last 12 months. Property tax at Montrose’s 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Montrose is affordable on local pay is on Cost of living.

Before you buy in Montrose

Six things worth knowing

60

New listings in May

The month with the most choice. December has the fewest, about 24.

Best time to buy
0.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $438K home, about $1,640 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Montrose, from test results, graduation and how much students grow.

Schools in Montrose
20 min

Typical commute

The average one-way trip to work for people who live in Montrose.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Montrose, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Montrose. People who follow the town see it, and so do people comparing Montrose with their own town. No commission, no listing fee.

Questions about buying a home in Montrose

What do homes sell for in Montrose, CO?

390 homes sold in the year to May 2026 at a typical $438K, $277 a square foot.

Is Montrose a buyer’s or seller’s market?

A seller’s market: 150 homes were for sale in May 2026 and 42 sold, about 3.6 months of supply. Buyers paid 98.1% of asking on average, and 25% of listings cut their price.

When is the best time to buy in Montrose?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Montrose?

About 0.4% of a home’s value a year. On a $438K home that’s near $1,640.

Where can I see homes for sale in Montrose?

Zillow, Redfin, Realtor.com and Homes.com all carry Montrose’s MLS listings; the search links above open each one filtered to Montrose.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).