Montrose, SD
Housing market overview · Updated weekly
$315,000median sale price
Homes sold
2
Last 12 weeks
Days on market
225
Average pace
Active listings
5
2.5 months supply
Sale-to-list
96.5%
Below asking
The Montrose housing market is currently classified as a balanced market with a median sale price of $315,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 225 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Montrose?
The median home sale price in Montrose is $315,000, down 0.0% from last year.
How long do homes stay on market in Montrose?
Homes typically spend 225 days on market before going under contract.
Is Montrose a buyer's or seller's market?
With 2.5 months of supply, Montrose is currently a balanced market.
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