Why Live in Montrose
Montrose, CO, located on the western slope of the Rocky Mountains along the Uncompahgre River, is a growing community with a population of over 21,000. Known for its historic downtown, Montrose features Main Street as a central hub with antique shops, art studios, and family-owned eateries like the award-winning Colorado Boy Pizzeria & Brewery. The River Landing Shopping Center on Wolverine Drive includes major retailers such as Target and Natural Grocers. The city is undergoing significant revitalization, with $9 million in infrastructure projects planned for downtown in 2025. Montrose offers a mix of historic early 1900s homes near Main Street and newer developments like Brown Ranch and Cobble Creek on the south and east sides. Outdoor enthusiasts can enjoy 38 public parks, 160 acres of open space, and nearby attractions such as Black Canyon of the Gunnison National Park and Uncompahgre National Forest. The Montrose Summer Music Series at Cerise Park is a popular event, along with annual celebrations like the Fourth of July parade and Oktoberfest. The Montrose County School District is highly rated, and the city also hosts private schools and a Colorado Mesa University campus. With lower than average crime rates compared to national figures, Montrose is considered a safer community. U.S. Route 50 and Route 550 provide access to nearby cities, while Montrose Regional Airport offers limited direct flights.
Home Trends in Montrose, CO
On average, homes in Montrose, CO sell after 66 days on the market compared to the national average of 69 days. The median sale price for homes in Montrose, CO over the last 12 months is $539,425, up 20% from the median home sale price over the previous 12 months.
Median Sale Price
$539,425
Median Single Family Sale Price
$539,425
Median Townhouse Sale Price
$395,000
Median 2 Bedroom Sale Price
$207,000
Average Price Per Sq Ft
$323
Number of Homes for Sale
42
Last 12 months Home Sales
255
Median List Price
$528,944
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
20%