Montrose, NY—10548
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Montrose, NY
As of Oct '25, the median home price in Montrose, NY is $584,000, with a year-over-year change of 5.2%. This indicates that home prices in Montrose, NY are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $584,000 | 5.2% |
| Single Family | $598,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Montrose, NY
Montrose, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,200 | $2,200 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Montrose, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Montrose, NY is 26. This is a increase of 59.0% from last year, suggesting that homes are sitting on the market longer 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 | $510,000 | -24.0% |
Listing Count | 7 | 214.0% |
| Listings as % of Homes | 0.4% | 214.0% |
Days on Market | 26 | 59.0% |
Demographics — Montrose, NY
As of the latest ACS Survey released in 2023, Montrose, NY has a population of 4,300, which has increased by 12.7% over the past 5 years. Montrose, NY is a moderately popular place for families, as children make up 18.3% of the population. The area has a moderately educated workforce, with 43.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,300 | 12.7% |
% Under 18 | 18.3% | -1.6% |
% Seniors | 18.4% | 4.5% |
% WFH | 17.1% | 263.8% |
% w/ College Degree | 43.4% | 16.7% |
As of the latest ACS Survey released in 2023, Montrose, NY is a predominantly white area, with 66.2% of the population identifying as white. The white population has shrunk by 14.4% in the last 5 years. The second most common race or ethnicity in Montrose, NY is hispanic, making up 26.8% of the population. Foreign-born residents account for 10.2% of the population in Montrose, NY, and this percentage has increased by 1.0% 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 | 66.2% | -14.4% |
% Black | 4.7% | -46.6% |
% Hispanic | 26.8% | 95.6% |
% Asian | 0.3% | -70.0% |
% Foreign Born | 10.2% | 1.0% |
Mortgage and Risk — Montrose, NY
According to HUD data as of 2023, there were 60 mortgage originations in Montrose, NY, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Montrose, NY. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Montrose, NY
Montrose, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 76 |
Total Units Section 8 | 76 |
% Rentals under Section 8 | 31.3% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,130 |
| 2 Bedroom | $160 | $2,200 | $2,360 |
| 3 Bedroom | N/A | N/A | $2,940 |
| 4 Bedroom | N/A | N/A | $3,170 |
Affordability — Montrose, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $584,000 |
| Median Household Income | $140,000 |