Housing in Montrose, MO is quite affordable compared to the US House Median Value of $338,100. The median value of a home in Montrose, MO is $216,700 and has seen an appreciation rate of 12.17% over the past year. This is higher than the national average of 8.27%, making this area a great place to invest in property. With its affordability and strong appreciation rate, Montrose, MO offers a great value proposition for prospective homebuyers.
The median home cost in Montrose is $216,700. Home appreciation the last 10 years has been 99.4%. Home Appreciation in Montrose is up 15.1%.
Average Age of Homes
- The median age of Montrose real estate is 50 years old
The Rental Market in Montrose
- Renters make up 26.7% of the Montrose population
- 0.0% of houses and apartments in Montrose, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.