81403 — Montrose, CO Home Values
Typical home value $607,205 as of June 2026 · 4th of 12 in Montrose, CO
Blue: typical home value (Zillow ZHVI) in ZIP code 81403, June 2021 to June 2026. This page shows observed data only; no forecast.
How 81403 compares in the Montrose, CO area
ZIP code 81403 (Montrose, CO) has a typical home value of $607,205 as of June 2026, ranking 4th of 12 ZIP codes tracked in the Montrose, CO area, more expensive than about 75% of ZIP codes in the metro. Prices here have moved +2.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +31.1%, from $463,215 in June 2021 to $607,205 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Montrose, CO forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Montrose.
Population and demographics
ZIP code 81403 has a population of 11,955, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 73.6% White, 20.4% Hispanic or Latino, 2.9% two or more races, 1.6% American Indian or Alaska Native, 0.6% Black or African American, 0.5% another race, and 0.4% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Cottonwood Elementary School | 3500 WOODGATE ROAD, MONTROSE, CO | 9.7 mi |
| Oak Grove Elementary School | 62100 OAK GROVE ROAD, MONTROSE, CO | 10 mi |
| Early Childhood Center | 900 COLORADO AVENUE, MONTROSE, CO | 11 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 81403?
$607,205 as of June 2026, the latest month Zillow has published observed data for.
Is 81403 an expensive ZIP code in the Montrose, CO area?
81403 ranks 4th of 12 ZIP codes in the Montrose, CO area by typical home value, more expensive than about 75% of ZIP codes in the metro.
How much have home values in 81403 changed over the past year?
+2.5% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 81403?
11,955, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 81403?
Cottonwood Elementary School (9.7 mi), Oak Grove Elementary School (10 mi), Early Childhood Center (11 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 81403?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Montrose, CO forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.