Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$455,743+2.2% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$98,796About 1.4× the local median income ($72,338): a stretch for a typical household
Days on market101 daysSlower than a year ago: buyers have time to negotiate
The typical home in Montrose County, CO is worth $455,743, up 2.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $384,943, so the area is 18.4% overvalued. It is a buyer's market: homes take about 101 days to sell, listings are up 34% from a year ago, 19% of listings have had a price cut. A household needs about $98,796 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $72,338. Typical rent is $1,903 a month. In the latest IRS figures, 492 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$455,743
Change in 1 year
+2.2%
Overvalued %
+18.4%
Show 6 more
Fair home value
$384,943
Change in 5 years
+24.6%
Home value to income
6.3×
Monthly mortgage payment (20% down)
$2,470
Income needed to afford it
$98,796
Property tax rate
0.36%
Rent and investing
Typical rent
$1,903
Price-to-rent ratio
20.0×
HUD Fair Market Rent, 2 bedrooms
$1,321
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Gross rental yield
5.01%
Cap rate (estimate)
3.26%
Market activity
Listings vs a year ago
+34.1%
Days on market
101
Listings with a price cut
18.8%
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Homes for sale
354
Pending sales per 100 listings
10
Asking price per sq ft
$300
People and jobs
Median household income
$72,338
Population change (1 year)
−0.2%
Unemployment rate
4.4%
Show 4 more
Population
44,591
Income adjusted for cost of living
$74,193
Net moves in (IRS)
+492
Cost of living (US = 100)
97.5
Schools, risk and environment
School rating (1 to 10)
5.6
FEMA hazard risk score (0 to 100)
49.0
Unhealthy air days a year
1
Show 4 more
Flood risk score
67.4
Wildfire risk score
78.6
Walkability (1 to 20)
6.2
Road, rail and air noise
52 dB
Questions people ask
Is Montrose County, CO overvalued?
Home prices in Montrose County, CO are well above what local incomes have historically supported: fair value is about $384,943, so the area is 18.4% overvalued.
Is Montrose County, CO a buyer's or seller's market?
Montrose County, CO is a buyer's market: homes take about 101 days to sell, listings are up 34% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Montrose County, CO?
Home values in Montrose County, CO are up 2.2% over the last year.
How much do you need to earn to buy a home in Montrose County, CO?
A household needs about $98,796 a year to afford the typical home in Montrose County, CO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $72,338.