Is Conroe, TX a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Conroe is a neutral's market


Difference Since March 2023

At the same time last year, Conroe was a Seller's Market.

Key Takeaway

Conroe is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Conroe, TX

How much do homes in Conroe, TX cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Conroe have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Conroe was $337,483 in March 2024, up 6.7% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $160K$130K
2 $230.5K$243.5K
3 $285K$295K
4 $359K$377.1K
5+ $520.8K$494.8K

Summary: Conroe housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 5%.

Median Sold Price Compared To Nearby Cities

Panorama Village
Southeast Montgomery

Housing Supply in Conroe, TX

How many homes are available in Conroe, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Conroe real estate market had 1,249 homes for sale in March 2024, a 15.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 79
2 3333
3 427521
4 526578
5+ 90108

Summary: The Conroe housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes remained the same, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

127 Homes Were Sold
Under Asking

54 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conroe, you may be able to get a good deal. 62.9% of homes here sold below asking price last month.

Summary: A total of 202 homes were sold or pending in Conroe in March 2024, down by 3.3% month-over-month. Of the 202 sold homes, 63% were sold under asking, 27% were sold at asking, and 10% were sold over asking.

Days on Market for Conroe, TX

How long does it take to sell a home in Conroe, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
76 Days58 Days-22.8%

Summary: Homes in Conroe had an average of 58 days on market in Mar 2024, down by 22.8% compared to last year.

Breakdown of Home Sale Times

91 Homes Were Sold
Under 30 Days

58 Homes Were Sold
In 30 - 90 Days

53 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Conroe are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 202 homes were sold in Conroe; 45% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Conroe, TX

Nearby Markets to Conroe, TX

What housing markets are near Conroe, TX?