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Image 1 - 1240 S 5th St, Montrose, Colorado, 81401 - House for sale

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Home For Sale In Montrose, Colorado

1240 S 5th St, Montrose, Colorado, 81401

Home For Sale In Montrose, Colorado

house for sale

Listed: 06/05/24

1240 S 5th St, Montrose, Colorado, 81401

3 Bed:

2 Bath:

1,440 Sq Ft Living Area:

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Price

$ 359,000

Price: Lower

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About This House

Located downtown and close to everything, this home sits on 3+ city lots with a large, fully fenced yard with a sprinkler system and mature landscaping. Bonus room off of kitchen could be a 4th bedroom, den, office or playroom. Includes a detached 2- car carport, storage sheds, and a detached 1-car garage/shop with 220 power. Opportunities are endless with what this property offers!

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Original listing

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Montrose Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$507,286 (-4.5%)
Apr 2024	$531,040 (0%)
Mar 2024	$531,040 (0%)
Feb 2024	$531,040 (0%)
Jan 2024	$531,040 (+11.1%)
Dec 2023	$477,809 (-5.3%)

In May 2024, the asking price for 3 bed houses for sale in/near Montrose, United States averaged $507,286, a decrease of 4.5% from the previous month.

Median price trends for properties for sale in Montrose, United States as of May 2024.

Household Income

Median household income: $42,930

Number of households: 8,109

The average household income in Montrose, CO grew from $41,547 to $42,930 in the past year. This data is an estimate based upon 8,109 households in Montrose, CO.
The chart below presents how household income is distributed in Montrose, CO in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Montrose, CO compared to median property taxes around the country. The prevalent amount of property taxes in Montrose, CO equals $800-$1,500 , which is more than the national average.