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MI area data

Montrose, MI

Montrose, MI.

Population: 8,770 (Census ACS)

Home values & appreciation

Median home value
$215,695
1-year appreciation
+4.4%
3-year appreciation
+16.6%
5-year appreciation
+24.0%
10-year appreciation
+115.3%
All-time peak (2026-07)
$215,695
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$230,000
Median list price
$190,000
Median days on market
16 days
Sale-to-list ratio
99.0%
Active listings
13
1-year forecast
+1.8%
New listings (monthly)
6

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coldWave, iceStorm, lightning, strongWind, tornado
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
48.0°F
Average high
58.0°F
Average low
38.0°F
Annual precipitation
35.4 in

Air quality

Air quality rating
Good
Median AQI (annual)
44
Days with Good air quality
238
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
7.5 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Crompton's Private Strip (6 mi)
Nearest major airport
Bishop International Airport (FNT) (17 mi)
Hospitals nearby (~15 mi)
4
Avg hospital rating
2.3 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-612 tax filers

Housing stock

Median year housing built
1,972
Median annual property tax
$2,531
Mean commute to work
26 min
Households with broadband internet
74.4%

Employment & development

Total county employment
115,052
Average weekly wage
$1,020
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
296

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents