Montrose, WV—26283
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Montrose, WV
As of Oct '25, the median home price in Montrose, WV is $146,000, with a year-over-year change of -0.2%. This indicates that home prices in Montrose, WV are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $146,000 | -0.2% |
| Single Family | $145,000 | -0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $105,000 | -7.9% |
3 Bed | $193,000 | 1.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Montrose, WV
Montrose, WV lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Montrose, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Montrose, WV is 57. This is a decrease of -37.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $124,000 | 48.0% |
Listing Count | 3 | -43.0% |
| Listings as % of Homes | 0.3% | -43.0% |
Days on Market | 57 | -37.0% |
Demographics — Montrose, WV
As of the latest ACS Survey released in 2023, Montrose, WV has a population of 1,380, which has decreased by -12.8% over the past 5 years. Montrose, WV is a moderately popular place for families, as children make up 24.5% of the population. The area has a moderately educated workforce, with 28.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,380 | -12.8% |
% Under 18 | 24.5% | 44.1% |
% Seniors | 23.4% | 25.1% |
% WFH | 2.5% | -28.6% |
% w/ College Degree | 28.4% | 102.9% |
As of the latest ACS Survey released in 2023, Montrose, WV is a predominantly white area, with 99.2% of the population identifying as white. The white population has grown by 3.7% in the last 5 years. The second most common race or ethnicity in Montrose, WV is hispanic, making up 0.4% of the population. Foreign-born residents account for 0.5% of the population in Montrose, WV, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 99.2% | 3.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.4% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.5% | ∞% |
Mortgage and Risk — Montrose, WV
According to HUD data as of 2023, there were 24 mortgage originations in Montrose, WV, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Montrose, WV. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 24 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Montrose, WV
Montrose, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Montrose, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $146,000 |
| Median Household Income | $65,500 |