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Montrose, VA Real Estate


According to census data in the year 2000 there were 3,103 housing units in Montrose. This represents a 12.4% growth from 2,760 in 1990.

Of those housing units, 3,103 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Montrose is about 51.7%. Montrose's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Montrose were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom10.60%
Two Bedrooms44.10%
Three Bedrooms33.50%
Four Bedrooms10%
Five Bedrooms or more0.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1958
Median Value of occupied units$69,300
Median Price asked for vacant units$83,000

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1976
Median Monthly Rent asked for vacant units$595

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.60%
Home Equity Loan8.60%
Simple Mortgage58%
Debt Free23.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%