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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conroe is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Conroe has remained a Seller's Market.

Key Takeaway

Conroe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Conroe, TX cost?

Median Sold Price

$305,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$42,780(+16.3%)

Key Takeaway

Homes in Conroe have sold for 16.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $95.6K-
N/A
2 $211.5K$237.5K
+12.3%
3 $230K$273.9K
+19.1%
4 $299.6K$348K
+16.2%
5+ $435.4K$509K
+16.9%

Median Sold Price Compared To Nearby Cities

Conroe
+16.3%
Southeast Montgomery
+14.0%
Panorama Village
+6.0%

How many homes are available in Conroe, TX?

Number of Homes For Sale

Aug 2022Sep 2022%
321314-2.2%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 02
+100.0%
2 1921
+10.5%
3 137123
-10.2%
4 143142
-0.7%
5+ 2226
+18.2%

Number of Homes Sold

Aug 2022Sep 2022%
9664-33.3%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

10 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. 59.4% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
18 Days27 Days+43.5%

Breakdown of Home Sale Times

46 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

3 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.

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

About Conroe, TX

Homes for sale in Conroe, TX have reached 314. The number of homes for sale in Conroe, TX decreased by 2.2% between August 2022 and September 2022. While the average time on the market in September 2022 was 27 days, the median list price was $305,000. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 12.3%, prices of 3 bedrooms properties went up by 19.1%, prices of 4 bedrooms properties went up by 16.2%, 5 bedrooms properties became 16.9% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 100% more available, the quantity of 2 bedrooms homes went up by 10.5%, 3 bedrooms homes became 10.2% less available, the quantity of 4 bedrooms homes went down by 0.7%, the quantity of 5 bedrooms homes went up by 18.2%. While more than 10 listings in Conroe, TX in September 2022 were sold above asking price, there were more than 16 listings sold at asking price, and more than 38 were sold below.

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