Is Montrose, CO 81401 a buyer’s or seller’s market?
Montrose is a buyer’s market. With about 6.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 26% of U.S. ZIP codes, and #165 of 239 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Montrose housing market right now
In the three months ending August 31, 2026, 11% of homes in Montrose, CO 81401 sold above their list price, the typical home went under contract in 37 days and there were 6.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 97 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (12% then), homes sold more slowly (32 days then) and the median sale price rose 2% to $444,308. Overall, Montrose is less competitive than a year ago, which gives buyers more room.
On our competition score, Montrose ranks #165 of 239 CO ZIP codes with enough sales (score 30 out of 100).
Nearby, buyers who want less competition could look at Crawford 81415 (0% sold over asking), while Montrose 81403 (14% sold over asking) is even more competitive.
Run the numbers for 81401
Nearby markets
Crawford 81415Buyer’s market $333 /sq ftMontrose 81403Buyer’s market $311 /sq ftNaturita 81422 — /sq ftNucla 81424 — /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 buyer’s market: there were 6.3 months of supply in Montrose, CO 81401 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 37 days in the latest three months.
Do homes in Montrose sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Montrose?
About 0.36% of a home’s value a year in Montrose County, or roughly $1,440 on a $400,000 home.
What is the median home price in Montrose?
The median sale price was $444,308 in the three months ending August 31, 2026, about $280 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