Is Montrose, MI 48457 a buyer’s or seller’s market?
Montrose is a seller’s market. With about 3.7 months of supply and 64% 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.
The Montrose housing market right now
In the three months ending August 31, 2026, 64% of homes in Montrose, MI 48457 sold above their list price, the typical home went under contract in 29 days and there were 3.7 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 42%, homes sold more slowly (23 days then) and the median sale price rose 20% to $231,150. Overall, Montrose is more competitive than a year ago, so tougher for buyers.
Within Genesee County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell more often over asking than in 95%.
Nearby, buyers who want less competition could look at Flint 48502 (0% sold over asking) or Flint 48505 (6% sold over asking), while Atlas 48411 (100% sold over asking) is even more competitive.
Run the numbers for 48457
Nearby markets
Atlas 48411Buyer’s market $138 /sq ftBurton 48509Seller’s market $134 /sq ftBurton 48519Seller’s market $152 /sq ftBurton 48529Seller’s market $113 /sq ft Browse all markets →Towns like Montrose nearby
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Questions about Montrose real estate
Is Montrose a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Montrose, MI 48457 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 29 days in the latest three months.
Do homes in Montrose sell over asking?
64% of homes sold above their original list price, and the typical sale closed at 103.7% of the list price.
What are property taxes in Montrose?
About 1.36% of a home’s value a year in Genesee County, or roughly $5,440 on a $400,000 home.
What is the median home price in Montrose?
The median sale price was $231,150 in the three months ending August 31, 2026, about $159 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