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Montrose, CO Housing

 
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As of 2010-2014, median price of a house in Montrose is $179,000, which is lower than the state average of $239,400 and is about the same as the national average of $175,700. The Montrose median house value has grown by 53.52% since 2000. The growth rate for the price of a house in Montrose is higher than the state average rate of 43.70% and is higher than the national average rate of 46.91%. The median year that a house in Montrose was built is 1991, which is newer than the median year for a house built in the state which is 1981 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 5,125 Owner Occupied Houses in Montrose, CO, #208
Montrose, CO
179,000 USD
Colorado
239,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #108
Montrose, CO
53.52%
Colorado
43.70%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Montrose, COColoradoU.S.
Total Housing Units8,754, see rank, 100%2,238,624132,741,033
Occupied Housing Units8,267, 94.44%, see rank89.27%87.55%
Owner Occupied5,125, 58.54%, see rank57.85%56.34%
Renter Occupied3,142, 35.89%, see rank31.42%31.21%
Vacant Housing Units487, 5.56%, see rank10.73%12.45%
For Rent215, 2.46%, see rank1.87%2.34%
For Sale Only82, 0.94%, see rank1.07%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.76%0.92%
For Seasonal, Recreational, or Occasional Use29, 0.33%, see rank4.90%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant161, 1.84%, see rank2.11%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #72
Montrose, COColoradoU.S.
199119811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Montrose, CO%ColoradoU.S.
Owner-Occupied Units5,125100%1,295,04874,787,460
With a Mortgage3,13061.07%, see rank73.99%65.58%
Without a Mortgage1,99538.93%, see rank26.01%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Montrose, CO
1,322 USD
Colorado
1,608 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMontrose, CO%ColoradoU.S.
$299 or Less00.00%, see rank0.20%0.20%
$300 to $499501.60%, see rank1.13%1.59%
$500 to $6992136.81%, see rank3.11%5.01%
$700 to $99951616.49%, see rank10.30%14.32%
$1,000 to $1,4991,22139.01%, see rank28.86%27.90%
$1,500 to $1,99968421.85%, see rank26.50%20.35%
$2,000 to $2,99933610.73%, see rank21.95%19.52%
$3,000 or More1103.51%, see rank7.96%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Montrose, CO
28.80% of the Total Income
Colorado
23.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Montrose, CO%ColoradoU.S.
10% or Less712.27%, see rank5.82%5.86%
10% to 20%77424.73%, see rank32.53%31.95%
20% to 30%82626.39%, see rank28.64%27.64%
30% to 40%43713.96%, see rank13.84%13.74%
40% or More1,02232.65%, see rank18.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Montrose, CO
363 USD
Colorado
417 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMontrose, CO%ColoradoU.S.
$199 or Less1547.72%, see rank6.63%7.76%
$200 to $29939119.60%, see rank16.15%14.70%
$300 to $4991,13556.89%, see rank43.66%34.63%
$500 to $69927413.73%, see rank20.60%21.16%
$700 or More412.06%, see rank12.96%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Montrose, CO
11.50% of the Total Income
Colorado
10.10% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Montrose, CO%ColoradoU.S.
10% or Less85342.76%, see rank49.09%40.19%
10% to 20%75437.79%, see rank28.31%31.47%
20% to 30%1246.22%, see rank9.89%12.24%
30% to 40%1095.46%, see rank4.49%5.64%
40% or More1256.27%, see rank7.15%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Montrose, COColoradoU.S.
Total Housing Units8,754, 100%2,238,624132,741,033
1-unit, Detached6,094, 69.61%, see rank62.90%61.65%
1-unit, Attached475, 5.43%, see rank6.96%5.82%
2 Units122, 1.39%, see rank1.78%3.75%
3 or 4 Units358, 4.09%, see rank3.29%4.43%
5 to 9 Units267, 3.05%, see rank4.72%4.78%
10 or More Units696, 7.95%, see rank16.10%13.08%
Mobile Home, Boat, RV, Van, etc.742, 8.48%, see rank4.25%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Montrose, COColoradoU.S.
Total Housing Units8,754, 100%2,238,624132,741,033
1 Room146, 1.67%, see rank1.78%1.95%
2 Rooms219, 2.50%, see rank3.54%2.48%
3 Rooms569, 6.50%, see rank10.16%9.13%
4 Rooms1,571, 17.95%, see rank15.41%16.60%
5 Rooms2,312, 26.41%, see rank16.50%20.41%
6 Rooms1,659, 18.95%, see rank14.64%18.06%
7 Rooms1,050, 11.99%, see rank11.92%12.27%
8 Rooms518, 5.92%, see rank9.79%8.48%
9 Rooms or More710, 8.11%, see rank16.25%10.60%
Median Rooms5.30, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Montrose, COColoradoU.S.
Total Housing Units8,754, 100%2,238,624132,741,033
No Bedroom146, 1.67%, see rank1.99%2.17%
1 Bedroom741, 8.46%, see rank11.63%11.16%
2 Bedrooms2,242, 25.61%, see rank25.86%26.69%
3 Bedrooms4,175, 47.69%, see rank33.89%39.70%
4 Bedrooms1,170, 13.37%, see rank19.12%16.05%
5 or More Bedrooms280, 3.20%, see rank7.51%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Montrose, COColoradoU.S.
Total Housing Units8,267, 100%1,998,314116,211,092
Utility Gas6,583, 79.63%, see rank71.94%48.85%
Bottled, Tank, or LP Gas115, 1.39%, see rank4.86%4.86%
Electricity1,341, 16.22%, see rank19.94%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.11%5.86%
Coal or Coke0, 0.00%, see rank0.07%0.12%
Wood173, 2.09%, see rank2.08%2.12%
Solar Energy0, 0.00%, see rank0.15%0.05%
Other Fuel31, 0.37%, see rank0.54%0.47%
No Fuel Used24, 0.29%, see rank0.31%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMontrose, COColoradoU.S.
Occupied Units Paying Rent3,017, 100%677,38539,201,928
$199 or Less142, 4.71%, see rank1.26%1.50%
$200 to $299308, 10.21%, see rank2.44%3.18%
$300 to $499299, 9.91%, see rank4.51%7.37%
$500 to $699517, 17.14%, see rank14.12%16.01%
$700 to $999656, 21.74%, see rank30.75%29.17%
$1,000 to $1,499920, 30.49%, see rank31.25%26.88%
$1,500 to $1,99999, 3.28%, see rank11.27%9.79%
$2,000 or More76, 2.52%, see rank4.39%6.10%
Median$825, see rank$969$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Montrose, COColoradoU.S.
Occupied Housing Units8,267, 100%1,998,314116,211,092
No Vehicles Available698, 8.44%, see rank5.74%9.12%
1 Vehicles Available3,046, 36.85%, see rank31.48%33.80%
2 Vehicles Available3,121, 37.75%, see rank40.00%37.48%
3 or More Vehicles Available1,402, 16.96%, see rank22.78%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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