Open
Local agent spot
This featured-agent spot is open for a licensed local real estate professional in Minnesota.
Advertise here →Montrose, MN · Market Data
Montrose, Minnesota real estate market data.
Real estate market data for Montrose, MN (Wright County) — Census median home value $260,100, county listing prices up about 0.7% over the past year.
Montrose, MN is in Wright County, Minnesota — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,840, with a median household income of $98,832. Census data puts Montrose's median home value at $260,100 (all owner-occupied homes); Wright County's current median listing price runs $452,658, up about 0.7% over the past year.
At a glance
Montrose market snapshot
Population
3,840
Median Household Income
$98,832
Median Home Value (city)
$260,100
Median Listing Price (Wright County)
$452,658
Median Gross Rent
$1,313/mo
Price Trend (YoY)
+0.7%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
Local resources
Get help buying or selling in Montrose
What can I afford?
Estimate a comfortable price range in under a minute, then connect with a lender for real numbers.
Rough estimate only (28% of income toward housing, ~6.5% illustrative rate, 30-year term) — not a loan offer or pre-qualification. Connect with a lender for real numbers →
Open
Advertise to local buyers
Lenders, inspectors, movers, and other local pros — this spot is open.
Advertise here →Why Montrose
What makes Montrose different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Montrose's median home value — across all owner-occupied homes, not just recent sales — at $260,100. Separately, Wright County's current median listing price (via Realtor.com data, 2026-06-01) runs $452,658. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Wright County's FHFA house price index shows a 1.79% annual change in 2025.
Population & Income
Montrose has an estimated population of 3,840 and a median household income of $98,832, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Montrose's Census-reported median home value works out to about 2.6x the area's median household income, and median gross rent runs roughly 16% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Reach Montrose buyers
Builders: feature your communities in front of Montrose buyers — learn about advertising ↗
Want to own this market? Ask about our Montrose domains — see available domains ↗
Common questions
Montrose FAQ
What are home values like in Montrose, MN?
The Census Bureau's American Community Survey puts Montrose's median home value at $260,100. Wright County's current median listing price runs $452,658, up about 0.7% over the past year.
What is the population of Montrose, MN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Montrose's population at approximately 3,840.
What's the median rent in Montrose, MN?
The Census ACS estimates median gross rent in Montrose at approximately $1,313 per month.
What is the median household income in Montrose, MN?
Census ACS data puts the median household income in Montrose at approximately $98,832.
Is the Montrose housing market growing?
Wright County's FHFA house price index shows a 1.79% annual change in 2025.
Is Montrose, MN affordable relative to income?
Census ACS data puts Montrose's median home value at about 2.6 times the median household income, with median gross rent equal to roughly 16% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
Search Montrose homes
Look up homes in Montrose
Search new construction and resale homes in Montrose — the same live MLS data agents use, not just what's summarized on this page.
Search Montrose homes ↗Get connected
Find your Montrose new home
Prices, availability, and incentives change weekly and don't always make it onto this page. Tell us your area, budget, and timeline and we'll point you to communities that fit — including options we track but haven't published here yet.
Get connected in MontroseExplore more
Where to go next
Get the Montrose market guide
Tell us what you're looking for — buy, sell, both, invest, rent, or you're an agent, builder, vendor, or advertiser. Include where you want to buy or sell and your address if relevant, and we'll route you to the right resource.
Buyer · Seller · Both · Investor · Renter · Agent/Broker · New Home Builder · Vendor/Service Pro · Advertiser · Other