Is Montrose, NY 10548 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Montrose is a seller’s market. With about 0.7 months of supply and 79% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply0.7Under 4 months = seller’s market
Sold above original list78.5%Share of sales, last 3 months
Median sale-to-list104.5%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$403▲ +17.2% vs. last year

The Montrose housing market right now

In the three months ending August 31, 2026, 79% of homes in Montrose, NY 10548 sold above their list price, the typical home went under contract in 30 days and there were 0.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold faster (37 days then) and the median sale price rose 10% to $674,708. Overall, Montrose is more competitive than a year ago, so tougher for buyers.

Within Westchester County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell more often over asking than in 88%.

Nearby, buyers who want less competition could look at Millwood 10546 (0% sold over asking) or Ardsley On Hudson 10503 (0% sold over asking), while Lincolndale 10540 (100% sold over asking) and Purdys 10578 (100% sold over asking) are even more competitive.

Nearby markets

Amawalk 10501Seller’s market $342 /sq ftArdsley 10502Seller’s market $584 /sq ftArdsley On Hudson 10503 $671 /sq ftArmonk 10504Seller’s market $531 /sq ft Browse all markets →

Where Montrose is

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Questions about Montrose real estate

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

A seller’s market: there were 0.7 months of supply in Montrose, NY 10548 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Montrose?

The typical home went under contract in 30 days in the latest three months.

Do homes in Montrose sell over asking?

79% of homes sold above their original list price, and the typical sale closed at 104.5% of the list price.

What are property taxes in Montrose?

About 1.51% of a home’s value a year in Westchester County, or roughly $6,040 on a $400,000 home.

What is the median home price in Montrose?

The median sale price was $674,708 in the three months ending August 31, 2026, about $403 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology