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 Type | 1.40% |
| One Bedroom | 10.60% |
| Two Bedrooms | 44.10% |
| Three Bedrooms | 33.50% |
| Four Bedrooms | 10% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
Average Household Size | 2.58 |
Median year structure was built | 1958 |
Median Value of occupied units | $69,300 |
Median Price asked for vacant units | $83,000 |
Rented Homes, Apartments and Condos
Average Household Size | 2.21 |
Median year structure was built | 1976 |
Median Monthly Rent asked for vacant units | $595 |
Owners Finance Status
Housing Finance |
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.60% |
| Home Equity Loan | 8.60% |
| Simple Mortgage | 58% |
| Debt Free | 23.70% |
Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |