Is Montrose, WV 26283 a buyer’s or seller’s market?
Montrose is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Montrose housing market right now
In the three months ending August 31, 2026, 0% of homes in Montrose, WV 26283 sold above their list price, the typical home went under contract in 95 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (170 days then) and the median sale price fell 37% to $131,193. Overall, Montrose is more competitive than a year ago, so tougher for buyers.
Within Randolph County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Elkins 26241 (8% sold over asking) is even more competitive.
Run the numbers for 26283
Nearby markets
Beverly 26253Balanced $89 /sq ftBowden 26254Seller’s market $200 /sq ftCoalton 26257 — /sq ftDailey 26259 — /sq ft Browse all markets →Towns like Montrose nearby
Find towns like Montrose in other states →Where Montrose is
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Questions about Montrose real estate
Is Montrose a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Montrose, WV 26283 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 95 days in the latest three months.
Do homes in Montrose sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 89.8% of the list price.
What are property taxes in Montrose?
About 0.39% of a home’s value a year in Randolph County, or roughly $1,560 on a $400,000 home.
What is the median home price in Montrose?
The median sale price was $131,193 in the three months ending August 31, 2026, about $131 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