Homes for Sale in Montrose, Fairhope AL
Montrose, sits along the eastern shore of Mobile Bay and conveniently located off US Highway 98, offers a peaceful setting with easy access to both Fairhope and Daphne. Surrounded by neighborhoods like The Bluffs, Fruit and Nut, and Point Clear to the south, Montrose attracts those seeking beautiful surroundings, a rich local history, and a friendly community.
Real Estate Overview
Market Trends
- Home Values: The average home value in Montrose is approximately $460,868, reflecting a steady 4.4% increase over the past year.
- Market Forecast: Experts predict a modest 2.1% growth in the coming year, making now a good time to buy.
- Sales Trends: Homes typically go under contract in about 70 days, with sale prices close to listing prices (median sale-to-list ratio of 0.976).
Property Types and Prices
- Price Range: Homes range from $159,500 to $1.9 million, catering to various budgets and preferences.
- Starter & Mid-Size Homes: Prices for these properties generally fall between $275,000 and $419,000.
- Luxury Properties: Higher-end homes range from $1.25 million to $2.5 million, with some offering stunning bayfront views.
- Waterfront Options: Smaller waterfront homes start around $507,000, while high-end options can reach up to $1.68 million.
Investment Potential
Montrose presents strong investment opportunities with a proven track record of value growth. Over the past year, home values rose by 4.4%, and the area’s stability supports long-term appreciation. The current buyer’s market in the neighboring Fairhope area allows for potential price negotiations, making it appealing to investors. Montrose’s waterfront properties and historic homes also hold excellent rental potential for vacation or long-term leases.
Why Live in Montrose, Fairhope AL?
- Great Location: Montrose’s prime spot along Mobile Bay makes it perfect for those who want scenic views with quick access to downtown Fairhope’s shops, dining, and the Fairhope Airport.
- Natural Charm: Residents love the tree-lined streets and easy access to outdoor activities like boating, fishing, and strolls along the bay.
- Friendly Community: With local events and welcoming neighbors, Montrose provides a true community feel.
Lifestyle and Amenities
Living in Montrose is simple and enjoyable. People here spend their time outdoors, visiting local parks, relaxing at nearby beaches, or playing golf at the Lakewood Golf Club. If you like shopping or dining out, downtown Fairhope is just a quick drive away, offering small shops, cafés, and local art spots. Families appreciate the area’s good schools, making Montrose a practical place to live for people of all ages.
Check Out Homes for Sale in Montrose, Fairhope AL
Your Real Estate Agents in Montrose Fairhope, AL
We are your real estate agents in Montrose, Fairhope AL, committed to guiding you through every home-buying process step. With deep local knowledge and a personalized approach, we help you explore your options, If you are looking for a starter home, a family residence, or a waterfront estate. Our goal is to make your buying journey simple and rewarding.
Want to learn more? Get in touch with us or schedule a call today!