Discover Montrose homes for sale with the expert guidance of Chris Schmidt and Your Home Sold Guaranteed Realty - Chris Schmidt Team. Montrose is a neighborhood in west-central Houston. It’s known for its artistic spirit and cultural diversity, and is considered by some to be the “Heart of Houston.”
At Your Home Sold Guaranteed Realty - Chris Schmidt Team, our team of seasoned real estate experts is well-prepared to guide you in discovering your ideal Montrose residence– all while ensuring you secure a competitive price.
Below, you’ll find some key insights into Montrose’s real estate landscape, including factors like housing inventory, median sales prices, and current listings. Keep scrolling to read our comprehensive guide on the Montrose area, which explores what life is like in the area.
Montrose Homes For Sale | Buying a Home in Houston
Interested in Montrose homes for sale? Located in the center of Houston, Montrose is an artistic, eclectic neighborhood known for its diverse culture, historic charm, and thriving arts scene. From its iconic bungalows to its trendy cafes and galleries, Montrose offers a living experience like no other in Houston.
In this blog post, our team at Your Home Sold Guaranteed Realty - Chris Schmidt Team will discuss everything you need to know before starting your home-buying journey in Montrose. Whether you’re a long-time Houstonian or a newcomer to the area, you’ll learn why this community is a great place to find your next home.
- Montrose is a neighborhood in west-central Houston with a population of a little over 27,500 residents. It’s considered by some to be the “Heart of Houston.”
- Montrose is a neutral market, though it leans toward favoring home buyers. In recent months, the median sale price of a home in Montrose was $242,500.
- The cost of living in Houston is 4.5% lower than the national average. However, it’s about one percent higher than the average for the rest of Texas.
- Houston experiences a humid subtropical climate characterized by hot, humid summers and mild winters. Summers regularly reach the mid-90s to low 100s Fahrenheit, with high humidity.
- Montrose has many popular attractions, such as the Menil Collection, Rothko Chapel, and the Museum of Fine Arts.
Should I Live in Montrose?
Montrose is a neighborhood in west-central Houston. It’s known for its artistic spirit and cultural diversity, and is considered by some to be the “Heart of Houston.” With a population of a little over 27,500 residents, Montrose offers a dynamic urban living experience. Its eclectic character is reflected in the historic architecture of the bungalows, cottages, and mansions that define the neighborhood.
Montrose is a hub for creativity and innovation, home to numerous art galleries, boutiques, restaurants, and venues for nightlife. Its central location provides easy access to Houston’s downtown, making it a great choice for those who want to be in the middle of the city.
What’s the Housing Market Like in Montrose?
Montrose is a neutral market, though it leans toward favoring home buyers. In recent months, the median sale price of a home in Montrose was $242,500. This is a 25.5% decrease compared to the previous year when the median home price was over $600,000.
Homes in Montrose spend an average of 17 days on the market, down two days from the same point last year. The number of homes sold in July 2023 was 17, which is 15% lower compared to the previous year.
In recent months, the inventory of homes on the Montrose market has increased by 14.8%. In addition, 69% of homes sold under their asking prices, and 11% sold over their asking prices.
How Do I Find Homes For Sale in Montrose?
Here are some top methods you can combine to find available homes in Montrose:
- Attending Open Houses: Attend open houses in your target areas. This allows you to view homes, get a sense of the neighborhood, and speak directly with sellers or agents.
- Joining Real Estate Auctions: Attend local real estate auctions where you might find properties for sale.
- Real Estate Websites: Sites like Zillow, Realtor.com, Trulia, and Redfin can be a good place to start to get some ideas about available homes. However, keep in mind that their pricing information tends to be inaccurate.
- Social Media and Forums: Join real estate groups and forums on platforms like Facebook, Reddit, or specialized real estate websites. Engaging with these communities can provide valuable advice and potential leads.
- Visiting Neighborhoods In-Person: Explore your desired neighborhoods in person. Look for ‘For Sale’ signs and inquire about properties that catch your eye.
To discover homes for sale in Montrose, partnering with a seasoned real estate professional is essential. A knowledgeable realtor provides access to exclusive tools like the Multiple Listing Service (MLS) and can uncover off-market listings, including foreclosures and distressed properties.
To maximize your chances of finding a property that matches your preferences and budget, it’s wise to use a multi-pronged approach that combines online research, in-person exploration, social networking, and leveraging the resources of your realtor.
Are There Luxury Homes in Montrose?
Yes, there are luxury homes available in Montrose. While Montrose is known for its diverse range of housing options, including historic bungalows and mid-century homes, you can also find luxurious properties in this neighborhood. These luxury homes often feature upscale amenities, modern designs, spacious layouts, and high-end finishes. If you’re interested in luxury homes in Montrose, working with a local real estate agent who specializes in this area can help you explore the available options. To find the latest luxury homes in Montrose, reach out to our team at 713-322-5604.
Are There New Construction Homes in Montrose?
Montrose is a dynamic and evolving neighborhood, and as such, it has seen some new construction projects in recent years. These new construction homes often feature contemporary designs, energy-efficient features, and the latest amenities. If you’re interested in new construction homes in Montrose, it’s advisable to work with a local realtor like Your Home Sold Guaranteed Realty - Chris Schmidt Team who can show you available properties and negotiate with home builders.
What Are the Best Neighborhoods in Montrose?
The Montrose district is a vibrant neighborhood in the heart of Houston, Texas. Encompassing approximately 7.5 square miles, this diverse community is bounded by Interstate 69 to the south, Allen Parkway to the north, South Shepherd Drive on the west side, and Main Street to the east. Often referred to as “Neartown” by locals, Montrose is known for its eclectic mix of restaurants, boutiques, galleries, and nightlife. The neighborhood’s history dates back to the early 20th century when it began developing as a streetcar suburb. Today, Montrose is considered one of Houston’s most walkable urban neighborhoods with a distinctly local flavor.
Downtown Houston is not only the central business district in the city but also a cultural and entertainment hub. Visitors and residents alike can explore a wide range of attractions, from the Theater District to Discovery Green, a beautiful urban park hosting events and concerts. With its mix of corporate offices, cultural institutions, and recreational spaces, Downtown Houston offers a dynamic and multifaceted urban experience.
Midtown is home to a thriving arts scene, with numerous galleries, theaters, and cultural events. Residents and visitors alike can enjoy an array of dining options, from trendy restaurants to cozy cafes. With its central location, excellent public transportation, and a strong sense of community, Midtown is a great choice for those seeking an urban lifestyle in Houston.
Rice Military, located just west of downtown Houston is a neighborhood known for its mix of residential and commercial spaces. It’s a popular choice for young professionals and families seeking an urban lifestyle. And with its proximity to Buffalo Bayou Park, residents can enjoy outdoor activities like jogging and biking along scenic trails. Rice Military’s central location provides easy access to downtown Houston and major highways, making it a convenient and desirable place to call home.
River Oaks is a luxury neighborhood near Montrose. It offers a blend of architectural styles, from traditional mansions to modern estates, often set on spacious, landscaped lots. The neighborhood is home to the River Oaks Country Club, which offers golf, tennis, and other social activities. Residents of River Oaks enjoy easy access to high-end shopping, dining, and cultural attractions in the nearby Galleria area. With its central location and stunning real estate, River Oaks is a symbol of elegance and exclusivity in Houston.
What’s the Quality of Life in Montrose?
Montrose falls under the jurisdiction of the Houston Independent School District (HISD), which is the largest school district in Texas and the eighth largest in the United States. It has 276 schools and over 194,000 students. The district has a student-teacher ratio of 19 to 1 and spends $10,300 per student, which is slightly less than the U.S. average. 79.5% of students graduate high school, which is about five percent lower compared to the averages for the Houston Metro Area and Texas as a whole.
Houston has a job growth rate of 24.26%, which is slightly below the U.S. average. It has an unemployment rate of 5.1%, which is one percent above the national average. The average individual income is $35,578 and the average household income is $56,019. Some top companies and employers in the broader Houston area include:
- The Texas Medical Center
- NASA’s Johnson Space Center
- Phillips 66
Cost of Living
The cost of living in Houston is 4.5% lower than the national average. However, it’s about one percent higher than the average for the rest of Texas. The highest cost is transportation, which is 20% higher than the U.S. as a whole and 16% higher than the rest of Texas. Groceries are two percent cheaper compared to the U.S. average, but about five percent higher than the rest of Texas. The costs of healthcare, housing, and utilities are lower compared to Texas and the U.S. as a whole.
Crime and Safety
Houston has a violent crime rate of 50.4%, which is higher than the U.S. average. It has a property crime rate of 63.2%, which is also higher than the national average. 1,072 violent crimes occur per 100,000 residents and 4,319 property crimes occur per 100,000 residents. The violent crime rate has risen and fallen over the years but has remained fairly consistent overall.
Weather and Climate
Houston, Texas, experiences a humid subtropical climate characterized by hot, humid summers and mild winters. Summers regularly reach the mid-90s to low 100s Fahrenheit, with high humidity.
Winters are mild and relatively dry compared to other parts of the country. High temperatures typically range from the mid-60s to low 70s Fahrenheit (18-23°C), while nighttime lows seldom drop below freezing. Snowfall is extremely rare.
Houston can be prone to severe weather, especially during the Atlantic hurricane season, which runs from June 1st to November 30th.
Healthcare and Hospitals
Houston has 185 physicians per 100,000 residents, compared to 210 physicians for the U.S. average. The cost of healthcare is about six percent lower than the rest of the nation.
Montrose is well-served when it comes to healthcare facilities. Some of the nearest healthcare facilities are:
- Memorial Hermann Greater Heights Hospital
- St. Joseph Medical Center
- Texas Children’s Hospital
- Next Level Urgent Care – Heights
- MedSpring Urgent Care – Heights
What Are the Top Things to Do in Montrose
Montrose has many popular attractions, activities, and things to do. Several of the top options include:
- Menil Collection: This renowned art museum boasts a diverse collection of art from around the world, including pieces by Picasso, Warhol, and many others. The museum is located within a tranquil park, providing an ideal setting for art enthusiasts.
- Rothko Chapel: Adjacent to the Menil Collection, the Rothko Chapel is a unique spiritual space featuring 14 murals by abstract expressionist Mark Rothko. It serves as a center for contemplation and meditation.
- Museum of Fine Arts: Just a short drive from Montrose, this museum is one of the largest and most prestigious art museums in the country. It houses an extensive collection spanning 6,000 years of history.
- Discovery Green: Located downtown but easily accessible from Montrose, this urban park offers a variety of events, concerts, and recreational activities. It’s a great spot for picnics and outdoor fun.
- Buffalo Bayou Park: Enjoy walking, jogging, or biking along the scenic Buffalo Bayou trails. The park also features beautiful gardens, art installations, and even a scenic boat tour.
- Live Music: Montrose is known for its live music scene. Visit local venues like Rudyard’s British Pub for live performances by local bands.
How Can I Find the Best Homes in Montrose?
To find Montrose homes for sale, it’s essential to partner with a knowledgeable and experienced real estate professional who understands the intricacies of the Montrose housing market.
At Your Home Sold Guaranteed Realty - Chris Schmidt Team, we specialize in connecting you with the best properties in Montrose, whether you’re in search of a luxurious estate, a charming family home, or a new construction property. Our commitment to excellence, combined with our VIP buyer program and exclusive listings, ensures that you have the best resources at your disposal to make informed decisions.
When you join our VIP buyer program, you get access to a number of benefits, such as our Buy it Back Guarantee and Move Up Guarantee. These guarantees ensure that your home-buying process is smooth and risk-free.
People Also Ask
Can you walk around Montrose, Houston?
Yes, Montrose is known for being a very walkable neighborhood in Houston.
What is the median income of Montrose, Houston?
The median individual income in Montrose is $80,160 and the median household income is $113,517.
What are the boundaries of Montrose, Houston?
Montrose is bordered by Allen Parkway to the north, I-69 and U.S. Highway 50 to the south, South Shepherd Drive to the west, and Taft, Fairview, Bagby, Highway 59, and Main to the east.
What is Montrose, Houston known for?
Montrose is known for being a quirky, artsy district with a strong hipster culture. It has a thriving nightlife, food scene, and art scene. Montrose also has many buildings with historic architecture.
Do you need a car in Montrose, Houston?
No, you don’t need a car to get around Montrose. However, if you want to easily get to other parts of Houston or areas outside of the city, a car may be a good idea.