Montrose Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Montrose averaged 6.76% for the week of 2025-04-03, compared to the national average of 6.64% for the same period.

    The average rate for the prior week (2025-03-27) was 6.77% and one month ago for the week of 2025-02-27, the average rate was 6.98%.

    Montrose's average rate one year ago was 6.71%.

    For refis of the same type during the week of 2025-04-03, the average rate was 6.29%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-03 6.64%
    Montrose 30 Year Fixed Rate 2025-04-03 6.76%
    Montrose 30 Year Fixed Rate Refi 2025-04-03 6.29%
    Montrose 15 Year Fixed Rate 2025-04-03 5.62%
    Montrose 15 Year Fixed Rate Refi 2025-04-03 6.12%
    Montrose 30 Year FHA 2025-04-03 6.28%
    Montrose 30 Year FHA Refi 2025-04-03 6.16%
    Montrose 30 Year USDA 2025-04-03 6.22%
    Montrose 30 Year USDA Refi 2025-04-03 6.42%
    Montrose 30 Year VA 2025-04-03 5.86%
    Montrose 30 Year VA Refi 2025-04-03 6.16%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Montrose, CO.

    Montrose Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Montrose, CO market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 65 6.75% $6,521
    QUICKEN LOANS, LLC 56 6.65% $7,374
    UNITED WHOLESALE MORTGAGE, LLC 44 6.43% $8,992
    The Central Trust Bank 32 6.67% $5,772
    CORNERSTONE HOME LENDING, INC. 23 7.10% $6,101
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 18 6.71% $3,187
    S1L, Inc. 17 7.31% $6,518
    Alpine Bank 11 6.88% $5,179
    GENEVA FINANCIAL, LLC 7 6.96% $11,270
    Farm Credit Mid-America, ACA 6 7.06% $8,154
    Bank of Colorado 6 6.73% $7,524
    Wells Fargo Bank 5 6.73% $5,062
    LOANDEPOT.COM, LLC 5 6.42% $7,588
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 6.90% $5,792
    MUTUAL OF OMAHA MORTGAGE, INC. 4 6.03% $4,096
    NAVY FEDERAL CREDIT UNION 4 6.59% $10,213
    BMO Harris Bank 4 7.41% $4,660
    HOMESIDE FINANCIAL, LLC 4 6.68% $4,083
    THE MORTGAGE LINK, INC. 4 6.91% $11,846
    USAA Federal Savings Bank 3 5.96% $7,275
    U.S. Bank 3 6.50% $6,888
    JPMorgan Chase Bank 3 6.83% $5,095
    NBH Bank 3 7.90% $7,404
    FREEDOM MORTGAGE CORPORATION 3 6.41% $7,394
    The Huntington National Bank 3 6.54% $9,790
    HOMEXPRESS MORTGAGE CORP. 2 8.19% $12,966
    Discover Bank 2 7.14% $0
    ALLIANT CREDIT UNION 2 6.38% $3,641
    Nations Lending Corporation 2 6.49% $7,696
    Charles Schwab Bank, SSB 2 5.69% $3,835
    CROSSCOUNTRY MORTGAGE, LLC 2 6.72% $10,865
    LOANPAL, LLC 2 6.25% $17,531
    BAY EQUITY LLC 2 7.13% $5,368
    NBKC BANK 2 6.18% $2,684
    Barrington Bank & Trust Company, N.A. 2 6.88% $3,042
    BROKER SOLUTIONS, INC. 2 6.81% $5,563
    PLAZA HOME MORTGAGE, INC. 2 6.75% $5,330
    CARDINAL FINANCIAL 2 7.31% $7,358
    Plains Commerce Bank 2 7.31% $5,479
    BETTER MORTGAGE CORPORATION 2 6.75% $1,419
    GROUP MORTGAGE, LLC 2 6.81% $8,956
    Elevations Credit Union 2 7.13% $2,983
    Towne Bank 1 6.88% $11,803
    TOWNE MORTGAGE COMPANY 1 7.38% $2,549
    United Bank 1 6.75% $6,407
    Veritex Community Bank 1 5.88% $14,438
    V.I.P. MORTGAGE, INC. 1 6.88% $6,355
    21ST MORTGAGE CORPORATION 1 9.30% $6,054
    Zions Bank 1 6.50% $3,248
    ALLIED MORTGAGE GROUP, INC. 1 7.63% $2,485
    American Mortgage & Equity Consultants, Inc. 1 7.50% $10,259
    AmeriHome Mortgage Company, LLC 1 6.50% $3,761
    Bank of America 1 7.00% $3,517
    BOKF 1 5.98% $5,106
    Carrington Mortgage Services, LLC 1 6.50% $12,587
    Century Mortgage Company DBA Century Lending Company 1 6.50% $5,936
    CHURCHILL MORTGAGE CORPORATION 1 7.50% $2,858
    CMG MORTGAGE, INC. 1 8.75% $9,090
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.63% $3,633
    FirstBank 1 6.00% $5,684
    FirstBank 1 6.50% $3,108
    First Merchants Bank 1 6.75% $3,122
    First Western Trust Bank 1 6.63% $978
    GERSHMAN INVESTMENT CORP. 1 6.88% $3,172
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.99% $5,069
    Johnson Bank 1 6.05% $2,838
    LAKEVIEW LOAN SERVICING, LLC 1 6.63% $8,171
    Morgan Stanley Private Bank 1 6.10% $2,974
    MOUNTAIN AMERICA 1 6.62% $6,570
    Mr. Cooper ( Nationstar Mortgage ) 1 8.13% $5,785
    NEWREZ LLC 1 7.13% $3,666
    NexBank 1 6.38% $5,347
    NMSI, INC. 1 7.00% $2,990
    Northpointe Bank 1 6.49% $6,632
    NP, Inc. 1 7.49% $3,855
    OCMBC, INC. 1 9.63% $19,422
    Paramount Residential Mortgage Group, Inc. 1 6.88% $3,821
    Peak Financial 1 7.00% $6,471
    PENNYMAC LOAN SERVICES, LLC 1 6.75% $4,306
    PLANET HOME LENDING, LLC 1 6.38% $3,713
    PREMIER MEMBERS CREDIT UNION 1 6.00% $5,723
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.88% $8,486
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 6.12% $8,631
    Sierra Pacific Mortgage Company, Inc. 1 7.38% $10,598
    Southern Bank 1 6.25% $3,221
    Stifel Bank and Trust 1 6.50% $2,461
    Sunflower Bank 1 6.88% $6,590
    SWBC MORTGAGE CORPORATION 1 7.63% $878
    The Federal Savings Bank 1 6.38% $28,888
    THE MORTGAGE COMPANY 1 6.38% $3,433

    Montrose Average Closing Costs & Other Stats

    Montrose, CO's 90 lenders originated 1,056 loans during 2024. The total origination value was $325,120,000, with an average loan value of $307,879.

    Montrose's average closing costs are $5,426.

    The top Montrose lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 65 loans originated. Their average total fees are $6,521, which is $853 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Montrose lenders (with over 10 loans originated) are ARK-LA-TEX FINANCIAL SERVICES, LLC. ($3,187), Alpine Bank ($5,179), The Central Trust Bank ($5,772), CORNERSTONE HOME LENDING, INC. ($6,101) and S1L, Inc. ($6,518).

    The lowest rate Montrose lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.43%), QUICKEN LOANS, LLC (6.65%), The Central Trust Bank (6.67%), ARK-LA-TEX FINANCIAL SERVICES, LLC. (6.71%) and GUILD MORTGAGE COMPANY (6.75%).

    Montrose, CO Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    GUILD MORTGAGE COMPANY $3,725,000 $38,045,000 921.3% 11.7%
    UNITED WHOLESALE MORTGAGE, LLC $17,170,000 $31,400,000 82.9% 9.7%
    QUICKEN LOANS, LLC $14,275,000 $28,370,000 98.7% 8.7%
    The Central Trust Bank $1,125,000 $23,555,000 1,993.8% 7.2%
    Alpine Bank $10,630,000 $17,575,000 65.3% 5.4%
    CORNERSTONE HOME LENDING, INC. $14,805,000 $14,520,000 -1.9% 4.5%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $8,385,000 $9,300,000 10.9% 2.9%
    Bank of Colorado $9,315,000 $8,865,000 -4.8% 2.7%
    S1L, Inc. $23,420,000 $5,835,000 -75.1% 1.8%
    FREEDOM MORTGAGE CORPORATION $1,875,000 $4,835,000 157.9% 1.5%
    NAVY FEDERAL CREDIT UNION $3,770,000 $4,435,000 17.6% 1.4%
    LOANDEPOT.COM, LLC $2,335,000 $3,885,000 66.4% 1.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,125,000 $3,870,000 23.8% 1.2%
    GENEVA FINANCIAL, LLC $6,695,000 $3,850,000 -42.5% 1.2%
    NBH Bank $2,000,000 $3,615,000 80.8% 1.1%
    U.S. Bank $4,635,000 $3,545,000 -23.5% 1.1%
    Mortgage Research Center, LLC $3,230,000 $3,325,000 2.9% 1.0%
    BMO Harris Bank $4,770,000 $2,950,000 -38.2% 0.9%
    ALLIANT CREDIT UNION $725,000 $2,660,000 266.9% 0.8%
    CROSSCOUNTRY MORTGAGE, LLC $1,820,000 $2,595,000 42.6% 0.8%
    USAA Federal Savings Bank $1,515,000 $2,555,000 68.6% 0.8%
    Farm Credit Mid-America, ACA $2,120,000 $2,460,000 16.0% 0.8%
    Inwood National Bank $2,355,000 n/a 0.7%
    BROKER SOLUTIONS, INC. $2,880,000 $2,260,000 -21.5% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $2,625,000 $2,245,000 -14.5% 0.7%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,495,000 $2,180,000 45.8% 0.7%
    The Huntington National Bank $2,280,000 $2,105,000 -7.7% 0.6%
    PENNYMAC LOAN SERVICES, LLC $2,310,000 $2,100,000 -9.1% 0.6%
    THE MORTGAGE LINK, INC. $2,000,000 n/a 0.6%
    BOKF $545,000 $1,940,000 256.0% 0.6%
    LONGBRIDGE FINANCIAL, LLC $815,000 $1,850,000 127.0% 0.6%
    Grandview Bank $1,765,000 n/a 0.5%
    JPMorgan Chase Bank $250,000 $1,740,000 596.0% 0.5%
    NEWREZ LLC $1,085,000 $1,680,000 54.8% 0.5%
    HOMESIDE FINANCIAL, LLC $1,665,000 n/a 0.5%
    FirstBank $1,615,000 n/a 0.5%
    BAY EQUITY LLC $1,315,000 $1,565,000 19.0% 0.5%
    Southwest Missouri Bank $1,500,000 n/a 0.5%
    Carrington Mortgage Services, LLC $395,000 $1,465,000 270.9% 0.5%
    Stone Bank $1,465,000 n/a 0.5%
    Discover Bank $655,000 $1,445,000 120.6% 0.4%
    NBKC BANK $500,000 $1,440,000 188.0% 0.4%
    HOMEXPRESS MORTGAGE CORP. $1,380,000 n/a 0.4%
    Zions Bank $5,380,000 $1,380,000 -74.3% 0.4%
    FINANCE OF AMERICA REVERSE LLC $805,000 $1,370,000 70.2% 0.4%
    Elevations Credit Union $1,060,000 $1,320,000 24.5% 0.4%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $1,290,000 n/a 0.4%
    Veritex Community Bank $1,285,000 n/a 0.4%
    OCMBC, INC. $1,230,000 n/a 0.4%
    Ent Credit Union $975,000 $1,165,000 19.5% 0.4%
    Wells Fargo Bank $3,120,000 $1,165,000 -62.7% 0.4%
    Barrington Bank & Trust Company, N.A. $625,000 $1,140,000 82.4% 0.4%
    V.I.P. MORTGAGE, INC. $780,000 $1,090,000 39.7% 0.3%
    BELLCO $1,685,000 $1,060,000 -37.1% 0.3%
    GUARANTEED RATE, INC. $985,000 $1,055,000 7.1% 0.3%
    PLAZA HOME MORTGAGE, INC. $945,000 $1,000,000 5.8% 0.3%
    Stifel Bank and Trust $255,000 $1,000,000 292.2% 0.3%
    NP, Inc. $980,000 n/a 0.3%
    Southern Bank $955,000 n/a 0.3%
    Charles Schwab Bank, SSB $295,000 $930,000 215.3% 0.3%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $3,175,000 $925,000 -70.9% 0.3%
    Plains Commerce Bank $910,000 n/a 0.3%
    Bank of America $1,055,000 $900,000 -14.7% 0.3%
    CMG MORTGAGE, INC. $3,000,000 $900,000 -70.0% 0.3%
    21ST MORTGAGE CORPORATION $4,070,000 $835,000 -79.5% 0.3%
    Armed Forces Bank $815,000 n/a 0.3%
    GROUP MORTGAGE, LLC $505,000 $770,000 52.5% 0.2%
    United Bank $705,000 $770,000 9.2% 0.2%
    Heritage Bank $765,000 n/a 0.2%
    The Federal Savings Bank $700,000 $765,000 9.3% 0.2%
    Paramount Residential Mortgage Group, Inc. $730,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $720,000 n/a 0.2%
    LOANPAL, LLC $380,000 $720,000 89.5% 0.2%
    Century Mortgage Company DBA Century Lending Company $255,000 $710,000 178.4% 0.2%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $275,000 $710,000 158.2% 0.2%
    LENDINGONE, LLC $710,000 n/a 0.2%
    CARDINAL FINANCIAL $285,000 $700,000 145.6% 0.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $700,000 n/a 0.2%
    MidFirst Bank $695,000 n/a 0.2%
    AmeriHome Mortgage Company, LLC $685,000 n/a 0.2%
    PLANET HOME LENDING, LLC $660,000 n/a 0.2%
    American Bank $625,000 n/a 0.2%
    First Federal Bank $245,000 $625,000 155.1% 0.2%
    BETTER MORTGAGE CORPORATION $1,090,000 $590,000 -45.9% 0.2%
    Nations Lending Corporation $455,000 $580,000 27.5% 0.2%
    Northpointe Bank $290,000 $570,000 96.6% 0.2%
    American Mortgage & Equity Consultants, Inc. $565,000 n/a 0.2%
    FIRST COMMUNITY MORTGAGE, INC. $285,000 $565,000 98.2% 0.2%
    NORTH VALLEY BANK $555,000 n/a 0.2%
    Morgan Stanley Private Bank $2,325,000 $545,000 -76.6% 0.2%
    MICHIGAN MUTUAL, INC. $535,000 n/a 0.2%
    GERSHMAN INVESTMENT CORP. $525,000 n/a 0.2%
    NexBank $525,000 n/a 0.2%
    Figure Lending LLC $590,000 $515,000 -12.7% 0.2%
    ROUNDPOINT MORTGAGE SERVICING CORPORATION $505,000 n/a 0.2%
    Johnson Bank $485,000 n/a 0.1%
    Glacier Bank $540,000 $475,000 -12.0% 0.1%
    THE MORTGAGE COMPANY $475,000 n/a 0.1%
    Towne Bank $475,000 n/a 0.1%
    CLEARPATH LENDING $445,000 n/a 0.1%
    SECURITY SERVICE $145,000 $445,000 206.9% 0.1%
    Buena Vista National Bank $425,000 n/a 0.1%
    MOUNTAIN AMERICA $155,000 $425,000 174.2% 0.1%
    The Dart Bank $425,000 n/a 0.1%
    Flagstar Bank, FSB $475,000 $415,000 -12.6% 0.1%
    PREMIER MEMBERS CREDIT UNION $650,000 $415,000 -36.2% 0.1%
    First Merchants Bank $405,000 n/a 0.1%
    First Western Trust Bank $405,000 n/a 0.1%
    NMSI, INC. $205,000 $405,000 97.6% 0.1%
    NORWICH COMMERCIAL GROUP, INC. $405,000 n/a 0.1%
    TOWNE MORTGAGE COMPANY $395,000 n/a 0.1%
    TRIAD FINANCIAL SERVICES, INC. $410,000 $390,000 -4.9% 0.1%
    FirstBank $385,000 n/a 0.1%
    Peak Financial $385,000 n/a 0.1%
    PNC Bank $860,000 $385,000 -55.2% 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $385,000 n/a 0.1%
    RESIDENTIAL WHOLESALE MORTGAGE, INC. $375,000 n/a 0.1%
    SFMC, LP $365,000 n/a 0.1%
    PHH Mortgage Corporation $535,000 $345,000 -35.5% 0.1%
    CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION $1,080,000 $335,000 -69.0% 0.1%
    UNION HOME MORTGAGE CORP. $335,000 n/a 0.1%
    ALLIED MORTGAGE GROUP, INC. $315,000 n/a 0.1%
    LADERA LENDING, INC. $1,105,000 $315,000 -71.5% 0.1%
    NFM, INC. $305,000 n/a 0.1%
    Prosperity Home Mortgage, LLC $305,000 n/a 0.1%
    Sierra Pacific Mortgage Company, Inc. $325,000 $305,000 -6.2% 0.1%
    Bethpage Federal Credit Union $255,000 n/a 0.1%
    Sunflower Bank $245,000 n/a 0.1%
    SWBC MORTGAGE CORPORATION $245,000 $245,000 0.0% 0.1%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $235,000 n/a 0.1%
    AMERISAVE MORTGAGE CORPORATION $1,165,000 $230,000 -80.3% 0.1%
    Third Federal Savings and Loan Association of Cleveland $230,000 n/a 0.1%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $205,000 n/a 0.1%
    F&A Federal Credit Union $205,000 n/a 0.1%
    QUORUM FEDERAL CREDIT UNION $75,000 $200,000 166.7% 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $300,000 $200,000 -33.3% 0.1%
    MOVEMENT MORTGAGE, LLC $185,000 n/a 0.1%
    CHURCHILL MORTGAGE CORPORATION $790,000 $165,000 -79.1% 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $165,000 n/a 0.1%
    CANVAS CREDIT UNION $240,000 $160,000 -33.3% 0.0%
    Coastal Community Bank $390,000 $160,000 -59.0% 0.0%
    Commerce Bank $35,000 $155,000 342.9% 0.0%
    GEORGIA'S OWN $115,000 n/a 0.0%
    ROYAL UNITED MORTGAGE LLC $250,000 $115,000 -54.0% 0.0%
    FIRST TECHNOLOGY $105,000 n/a 0.0%
    Sooper Credit Union $150,000 $105,000 -30.0% 0.0%
    PENTAGON FEDERAL CREDIT UNION $845,000 $100,000 -88.2% 0.0%
    Oakstar Bank $145,000 $85,000 -41.4% 0.0%
    WESTERRA CREDIT UNION $315,000 $75,000 -76.2% 0.0%
    SPRING EQ, LLC $35,000 n/a 0.0%
    ANB Bank $400,000 $25,000 -93.8% 0.0%

    Montrose's top lender by overall market share is GUILD MORTGAGE COMPANY, with 11.7% market share. In second place, with 9.7%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $31,400,000 in loans. In third place, with 8.7%, is QUICKEN LOANS, LLC, having originated $28,370,000 in loans. In fourth place, with 7.2%, is The Central Trust Bank, having originated $23,555,000 in loans. In fifth place, with 5.4%, is Alpine Bank, having originated $17,575,000 in loans.

    Montrose Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Montrose (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $348,444 (16.2%) $499,835 (21.0%) 0.00 220
    2018-02-01 $365,000 (21.7%) $516,025 (26.9%) 0.00 214
    2018-03-01 $378,500 (21.7%) $518,227 (26.6%) 0.00 218
    2018-04-01 $364,250 (21.5%) $473,008 (19.6%) 0.00 245
    2018-05-01 $374,950 (15.0%) $466,434 (10.3%) 0.00 265
    2018-06-01 $384,900 (17.5%) $475,672 (10.1%) 0.00 274
    2018-07-01 $361,117 (9.8%) $470,467 (7.5%) 0.00 289
    2018-08-01 $354,550 (0.0%) $478,289 (6.2%) 0.00 302
    2018-09-01 $329,000 (-12.3%) $460,605 (-2.6%) 0.00 302
    2018-10-01 $329,000 (-12.4%) $467,828 (-2.1%) 0.00 286
    2018-11-01 $329,950 (-11.6%) $479,036 (0.5%) 0.00 282
    2018-12-01 $339,000 (-2.7%) $486,101 (0.5%) 0.00 267
    2019-01-01 $330,425 (-5.2%) $471,988 (-5.6%) 0.00 247
    2019-02-01 $324,450 (-11.1%) $458,323 (-11.2%) 0.00 237
    2019-03-01 $345,286 (-8.8%) $463,565 (-10.6%) 0.00 248
    2019-04-01 $377,000 (3.5%) $484,234 (2.4%) 0.00 254
    2019-05-01 $377,475 (0.7%) $493,266 (5.8%) 0.00 270
    2019-06-01 $384,000 (-0.2%) $488,917 (2.8%) 0.00 298
    2019-07-01 $378,538 (4.8%) $509,156 (8.2%) 0.00 306
    2019-08-01 $370,727 (4.6%) $514,153 (7.5%) 0.00 304
    2019-09-01 $368,068 (11.9%) $528,432 (14.7%) 0.00 296
    2019-10-01 $362,625 (10.2%) $529,376 (13.2%) 0.00 291
    2019-11-01 $359,000 (8.8%) $533,084 (11.3%) 0.00 263
    2019-12-01 $370,475 (9.3%) $554,837 (14.1%) 0.00 237
    2020-01-01 $375,225 (13.6%) $560,069 (18.7%) 0.00 224
    2020-02-01 $366,000 (12.8%) $547,117 (19.4%) 0.00 206
    2020-03-01 $389,965 (12.9%) $570,367 (23.0%) 0.00 204
    2020-04-01 $395,000 (4.8%) $583,538 (20.5%) 0.00 206
    2020-05-01 $389,965 (3.3%) $545,066 (10.5%) 0.00 222
    2020-06-01 $393,741 (2.5%) $533,691 (9.2%) 0.00 231
    2020-07-01 $395,000 (4.4%) $557,745 (9.5%) 0.00 223
    2020-08-01 $415,500 (12.1%) $618,927 (20.4%) 0.00 192
    2020-09-01 $444,745 (20.8%) $633,066 (19.8%) 0.00 172
    2020-10-01 $458,950 (26.6%) $610,138 (15.3%) 0.00 152
    2020-11-01 $467,250 (30.2%) $611,417 (14.7%) 0.00 131
    2020-12-01 $481,500 (30.0%) $701,906 (26.5%) 0.00 108
    2021-01-01 $484,000 (29.0%) $704,004 (25.7%) 0.00 105
    2021-02-01 $483,500 (32.1%) $703,820 (28.6%) 0.00 102
    2021-03-01 $497,450 (27.6%) $721,358 (26.5%) 0.00 100
    2021-04-01 $554,450 (40.4%) $745,464 (27.8%) 0.00 91
    2021-05-01 $569,000 (45.9%) $787,676 (44.5%) 0.00 84
    2021-06-01 $555,748 (41.2%) $805,185 (50.9%) 0.00 101
    2021-07-01 $547,450 (38.6%) $780,456 (39.9%) 0.00 123
    2021-08-01 $574,325 (38.2%) $789,087 (27.5%) 0.00 137
    2021-09-01 $540,725 (21.6%) $775,371 (22.5%) 0.00 148
    2021-10-01 $525,000 (14.4%) $759,632 (24.5%) 0.00 145
    2021-11-01 $520,305 (11.4%) $867,297 (41.9%) 0.00 125
    2021-12-01 $526,450 (9.3%) $895,781 (27.6%) 0.00 115
    2022-01-01 $549,000 (13.4%) $895,506 (27.2%) 0.00 88
    2022-02-01 $580,000 (20.0%) $924,650 (31.4%) 0.00 76
    2022-03-01 $599,175 (20.5%) $902,950 (25.2%) 0.00 84
    2022-04-01 $532,450 (-4.0%) $881,500 (18.3%) 0.00 98
    2022-05-01 $525,000 (-7.7%) $823,326 (4.5%) 0.00 106
    2022-06-01 $503,950 (-9.3%) $820,827 (1.9%) 0.00 128
    2022-07-01 $525,000 (-4.1%) $798,648 (2.3%) 0.00 175
    2022-08-01 $559,000 (-2.7%) $847,454 (7.4%) 0.00 192
    2022-09-01 $583,000 (7.8%) $865,930 (11.7%) 0.00 193
    2022-10-01 $574,999 (9.5%) $859,445 (13.1%) 0.00 186
    2022-11-01 $575,000 (10.5%) $777,618 (-10.3%) 0.00 181
    2022-12-01 $569,450 (8.2%) $745,257 (-16.8%) 0.00 150
    2023-01-01 $576,425 (5.0%) $779,330 (-13.0%) 0.00 126
    2023-02-01 $589,750 (1.7%) $790,731 (-14.5%) 0.00 116
    2023-03-01 $592,000 (-1.2%) $790,334 (-12.5%) 0.00 120
    2023-04-01 $559,450 (5.1%) $743,850 (-15.6%) 0.00 149
    2023-05-01 $556,630 (6.0%) $739,827 (-10.1%) 0.00 173
    2023-06-01 $569,950 (13.1%) $746,867 (-9.0%) 0.00 182
    2023-07-01 $555,840 (5.9%) $757,061 (-5.2%) 0.00 200
    2023-08-01 $537,700 (-3.8%) $724,319 (-14.5%) 0.00 223
    2023-09-01 $550,000 (-5.7%) $765,860 (-11.6%) 0.00 217
    2023-10-01 $549,975 (-4.4%) $737,850 (-14.2%) 0.00 206
    2023-11-01 $549,950 (-4.4%) $755,776 (-2.8%) 0.00 197
    2023-12-01 $558,000 (-2.0%) $788,142 (5.8%) 0.00 189
    2024-01-01 $575,000 (-0.3%) $845,892 (8.5%) 0.00 175
    2024-02-01 $629,225 (6.7%) $855,751 (8.2%) 0.00 170
    2024-03-01 $630,000 (6.4%) $854,515 (8.1%) 0.00 170
    2024-04-01 $603,675 (7.9%) $847,150 (13.9%) 0.00 196
    2024-05-01 $607,450 (9.1%) $810,243 (9.5%) 0.00 201
    2024-06-01 $599,900 (5.3%) $812,848 (8.8%) 0.00 229
    2024-07-01 $579,900 (4.3%) $787,957 (4.1%) 0.00 258
    2024-08-01 $575,000 (6.9%) $751,202 (3.7%) 0.00 253
    2024-09-01 $551,825 (0.3%) $739,148 (-3.5%) 0.00 252
    2024-10-01 $567,000 (3.1%) $738,070 (0.0%) 0.00 244
    2024-11-01 $569,900 (3.6%) $763,827 (1.1%) 0.00 230
    2024-12-01 $563,425 (1.0%) $794,433 (0.8%) 0.00 213
    2025-01-01 $540,950 (-5.9%) $777,153 (-8.1%) 0.00 186
    2025-02-01 $546,950 (-13.1%) $764,435 (-10.7%) 0.00 180
    2025-03-01 $574,450 (-8.8%) $755,144 (-11.6%) 0.00 192
    Montrose's median listing price for 2025-03-01 was $574,450, a difference of $-55,550 (-8.8%) versus the prior year and $27,500 versus the prior month.

    Montrose's median listing price comes in at 0% of the national average.

    Montrose's average listing price for 2025-03-01 was $755,144, a difference of $-99,371 (-11.6%) versus the prior year and $-9,291 versus the prior month.

    For the 2025-03-01 period, Montrose had 192 MLS listings, a difference of 12 listings (7%) versus the prior month and 22 listings (13%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Montrose (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,092 sqft
    2018-02-01 0 days 2,091 sqft
    2018-03-01 0 days 2,102 sqft
    2018-04-01 0 days 2,035 sqft
    2018-05-01 0 days 2,001 sqft
    2018-06-01 0 days 1,946 sqft
    2018-07-01 0 days 1,950 sqft
    2018-08-01 0 days 1,911 sqft
    2018-09-01 0 days 1,901 sqft
    2018-10-01 0 days 1,909 sqft
    2018-11-01 0 days 1,919 sqft
    2018-12-01 0 days 1,913 sqft
    2019-01-01 0 days 1,912 sqft
    2019-02-01 0 days 1,968 sqft
    2019-03-01 0 days 1,984 sqft
    2019-04-01 0 days 2,059 sqft
    2019-05-01 0 days 2,045 sqft
    2019-06-01 0 days 2,061 sqft
    2019-07-01 0 days 2,037 sqft
    2019-08-01 0 days 2,035 sqft
    2019-09-01 0 days 2,038 sqft
    2019-10-01 0 days 2,026 sqft
    2019-11-01 0 days 1,975 sqft
    2019-12-01 0 days 1,938 sqft
    2020-01-01 0 days 1,923 sqft
    2020-02-01 0 days 1,865 sqft
    2020-03-01 0 days 1,894 sqft
    2020-04-01 0 days 1,991 sqft
    2020-05-01 0 days 1,965 sqft
    2020-06-01 0 days 1,969 sqft
    2020-07-01 0 days 1,949 sqft
    2020-08-01 0 days 2,080 sqft
    2020-09-01 0 days 2,121 sqft
    2020-10-01 0 days 2,125 sqft
    2020-11-01 0 days 2,133 sqft
    2020-12-01 0 days 2,161 sqft
    2021-01-01 0 days 2,138 sqft
    2021-02-01 0 days 2,167 sqft
    2021-03-01 0 days 2,208 sqft
    2021-04-01 0 days 2,203 sqft
    2021-05-01 0 days 2,226 sqft
    2021-06-01 0 days 2,190 sqft
    2021-07-01 0 days 2,122 sqft
    2021-08-01 0 days 2,157 sqft
    2021-09-01 0 days 2,094 sqft
    2021-10-01 0 days 2,088 sqft
    2021-11-01 0 days 2,035 sqft
    2021-12-01 0 days 1,995 sqft
    2022-01-01 0 days 1,985 sqft
    2022-02-01 0 days 2,014 sqft
    2022-03-01 0 days 2,013 sqft
    2022-04-01 0 days 1,944 sqft
    2022-05-01 0 days 1,911 sqft
    2022-06-01 0 days 1,894 sqft
    2022-07-01 0 days 1,878 sqft
    2022-08-01 0 days 1,943 sqft
    2022-09-01 0 days 1,972 sqft
    2022-10-01 0 days 1,992 sqft
    2022-11-01 0 days 2,006 sqft
    2022-12-01 0 days 2,006 sqft
    2023-01-01 0 days 2,106 sqft
    2023-02-01 0 days 2,085 sqft
    2023-03-01 0 days 1,964 sqft
    2023-04-01 0 days 1,890 sqft
    2023-05-01 0 days 1,907 sqft
    2023-06-01 0 days 1,998 sqft
    2023-07-01 0 days 1,976 sqft
    2023-08-01 0 days 1,945 sqft
    2023-09-01 0 days 1,994 sqft
    2023-10-01 0 days 1,937 sqft
    2023-11-01 0 days 1,946 sqft
    2023-12-01 0 days 1,953 sqft
    2024-01-01 0 days 1,932 sqft
    2024-02-01 0 days 1,983 sqft
    2024-03-01 0 days 1,994 sqft
    2024-04-01 0 days 1,993 sqft
    2024-05-01 0 days 1,992 sqft
    2024-06-01 0 days 1,963 sqft
    2024-07-01 0 days 1,929 sqft
    2024-08-01 0 days 1,926 sqft
    2024-09-01 0 days 1,903 sqft
    2024-10-01 0 days 1,905 sqft
    2024-11-01 0 days 1,911 sqft
    2024-12-01 0 days 1,905 sqft
    2025-01-01 0 days 1,864 sqft
    2025-02-01 0 days 1,852 sqft
    2025-03-01 0 days 1,850 sqft
    Montrose's median listing age (time on market) for 2025-03-01 was 0 days.

    Montrose's median square footage for active listings during the 2025-03-01 period was 1,850 sqft. One year prior, the average listing was 1,994 sqft.

    Montrose, CO Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 579 $209,155,000 $361,235
    Cash Out Refi 154 $43,650,000 $283,442
    Refi 151 $52,215,000 $345,795
    Other 95 $10,965,000 $115,421
    Home Improvement 77 $9,135,000 $118,636

    Montrose's most frequently cited loan purpose was Home Purchase, with 579 originations. The 2nd most popular reason was Cash Out Refi, with 154 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 432 $163,620,000 $378,750
    Over 8% 242 $36,900,000 $152,479
    7-8% 190 $63,190,000 $332,579
    5-6% 128 $50,650,000 $395,703
    <2.5% 45 $1,435,000 $31,889
    4-5% 7 $2,495,000 $356,429
    3-4% 1 $655,000 $655,000

    During 2024, Montrose's most frequently originated rate bucket was 6-7%, with 432 originations.

    Loan Sizing (Montrose, CO MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 429 $131,035,000 $305,443
    $100,000 or less 203 $9,755,000 $48,054
    $400k-600k 193 $91,185,000 $472,461
    $100k-200k 145 $20,935,000 $144,379
    $600k-1000k 73 $53,255,000 $729,521
    $Over $1MM 13 $18,955,000 $1,458,077

    Montrose's loan sizing saw the bucket of loans from $200k-400k with 429 originations, totaling $131,035,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 309 $124,085,000 $401,570
    60-80% 237 $97,425,000 $411,076
    Under 20% 202 $12,840,000 $63,564
    40-60% 150 $51,220,000 $341,467
    20-40% 123 $23,595,000 $191,829
    Over 100% 10 $4,260,000 $426,000

    Montrose's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 309 originations, totaling $124,085,000 in origination value.