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SD area data

Montrose, SD

Montrose, SD.

Population: 1,237 (Census ACS)

Home values & appreciation

Median home value
$389,376
1-year appreciation
+6.1%
3-year appreciation
+15.9%
5-year appreciation
+37.8%
10-year appreciation
+110.8%
All-time peak (2026-07)
$389,376
House Price Index
496.2 (+2.9% YoY)

Market activity

Median sale price
$567,500
Median list price
$412,450
Median days on market
205 days
Sale-to-list ratio
98.4%
Active listings
4
1-year forecast
+1.3%

Rents

2-bedroom fair-market rent (HUD reference)
$1,218/mo
3BR fair-market rent
$1,584/mo

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
13.4¢/kWh
Natural gas rate (state-level)
$9.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

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

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
drought, iceStorm, tornado, winterWeather
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Annual precipitation
29.1 in

Walkability & transit

Walkability index
5.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Pipestone National Monument (48 mi)
Nearest airport
Oakleaf Airport (17 mi)
Nearest major airport
Sioux Falls Regional Airport (FSD) (25 mi)
Hospitals nearby (~15 mi)
3
Avg hospital rating
5.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-16 tax filers

Housing stock

Median year housing built
1,991
Median annual property tax
$2,812
Mean commute to work
26 min
Households with broadband internet
77.9%

Employment & development

Total county employment
1,046
Average weekly wage
$955
Top industries (by employment)
Construction, Wholesale Trade, Agriculture
Annual residential building permits (county)
7

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