Population: 1,299 · Density: 3.9/mi² · Median household income: $82,344
Typical home value: $284,176 · Homeownership: 80.0%
Data as of January 2026. Source: Realtor.com.
The MONTROSE, SD real estate market (57048) currently shows 5 active listings. Homes are averaging 114 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 114 days on market compared to 74 days last year.
The median listing price has risen 0.8% year-over-year, from $269,950 to $272,000.
Whether you are buying or selling in MONTROSE, SD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 57048 | Montrose, SD 57048 | 0.0 mi | 5 | $2,099,750 | $272,000 | $419,950 |
| 57058 | Salem, SD 57058 | 10.2 mi | 8 | $2,966,536 | $310,000 | $370,817 |
| 57018 | Colton, SD 57018 | 11.8 mi | 2 | $479,800 | $239,900 | $239,900 |
| 57047 | Monroe, SD 57047 | 15.4 mi | 1 | $525,000 | $525,000 | $525,000 |
| 57042 | Madison, SD 57042 | 16.5 mi | 40 | $18,132,040 | $392,800 | $453,301 |
| 57319 | Bridgewater, SD 57319 | 19.9 mi | 6 | $759,996 | $145,000 | $126,666 |
| 57075 | Wentworth, SD 57075 | 21.1 mi | 10 | $9,333,180 | $802,450 | $933,318 |
| 57003 | Baltic, SD 57003 | 22.1 mi | 10 | $11,179,600 | $625,000 | $1,117,960 |
| 57053 | Parker, SD 57053 | 23.1 mi | 9 | $2,744,550 | $304,950 | $304,950 |
| 57106 | Sioux Falls, SD 57106 | 24.1 mi | 208 | $75,014,368 | $327,950 | $360,646 |
| 57015 | Chancellor, SD 57015 | 24.7 mi | 2 | $999,800 | $499,900 | $499,900 |
| 57054 | Ramona, SD 57054 | 26.5 mi | 1 | $109,900 | $109,900 | $109,900 |
| 57017 | Colman, SD 57017 | 26.9 mi | 2 | $1,114,900 | $557,450 | $557,450 |
As of January 2026, there are 5 active listings in MONTROSE, SD (zip code 57048), compared to 6 the prior year.
The median listing price in MONTROSE, SD 57048 is $272,000 as of January 2026, a 0.8% increase from $269,950 the prior year.
Homes in MONTROSE, SD 57048 spend an average of 114 days on the market before going under contract, compared to 74 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MONTROSE, SD 57048 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 114 days on market compared to 74 days last year.
With SELL123.com's maximum 3% commission, sellers in MONTROSE, SD 57048 save an estimated $5,440 compared to a typical 5% commission on the median listing price of $272,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.