1

Montrose, CO Condo for Sale

Section Image
  • /18

    $299,000

    • 3 Beds
    • 2.5 Baths
    • 1,458 Sq Ft

    1018 S 5th St Unit 7, Montrose, CO 81401

    Great downtown location! This lovely, well-maintained condo is within walking distance to downtown and has easy access to a nearby bike/walking path and restaurants. It’s the perfect home for first-time buyers or would make a great rental property. The split floor plan offers two living areas, with the primary bedroom and full bath on the upper level, a half bath on the main level, and a

    Lee Ann Parden Wild West Realty, LLC

    1018 S 5th St Unit 7, Montrose, CO 81401

Why Live in Montrose

Montrose, a community on the western slope of the Rocky Mountains, is situated along the Uncompahgre River and is known for its national forests, conservation areas, and expansive parks. With a population of over 21,000, Montrose has seen significant growth, attracting residents from larger cities seeking a quieter lifestyle. The city’s Main Street is a central hub for shopping and dining, featuring antique shops, art studios, and family-owned eateries like the award-winning Colorado Boy Pizzeria & Brewery. The River Landing Shopping Center on Wolverine Drive includes a Target and Natural Grocers. Montrose is home to a mix of historic early 1900s homes near Main Street and newer developments in areas like Brown Ranch and Cobble Creek. Outdoor attractions include 38 public parks, 160 acres of open space, and nearby Black Canyon of the Gunnison National Park, located about 12 miles northeast. The Montrose Summer Music Series at Cerise Park is a popular event, held four times from June to September. The Montrose County School District, along with private schools such as Colorado West Christian School and Pope John Paul II Academy, serve the educational needs of the community. The city has lower than average crime rates compared to national figures. U.S. Route 50 and Route 550 provide access to nearby cities, and the Montrose Regional Airport offers limited direct flights.

Home Trends in Montrose, CO

Housing Trends

Median Sale Price
$465,000
Median Single Family Sale Price
$485,000
Median Townhouse Sale Price
$395,000
Median 2 Bedroom Sale Price
$212,400
Average Price Per Sq Ft
$306
Number of Homes for Sale
199
Last 12 months Home Sales
668
Months of Supply
3.60
Median List Price
$499,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%
How to Buy a Home How to Finance a Home How to Sell a Home