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 December 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

$308,566

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$33,580(+12.2%)

Key Takeaway

Homes in Conroe have sold for 12.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $80.3K-
N/A
2 $210K$238.7K
+13.7%
3 $242.2K$281K
+16.0%
4 $305.2K$349.2K
+14.4%
5+ $452.5K$515K
+13.8%

Median Sold Price Compared To Nearby Cities

Conroe
+12.2%
Panorama Village
+10.2%
Southeast Montgomery
+9.9%

How many homes are available in Conroe, TX?

Number of Homes For Sale

Nov 2022Dec 2022%
250243-2.8%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 11
0.0%
2 1010
0.0%
3 101101
0.0%
4 113109
-3.5%
5+ 2522
-12.0%

Number of Homes Sold

Nov 2022Dec 2022%
5547-14.5%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

8 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. 68.1% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
20 Days38 Days+86.4%

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

5 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

There are 243 homes are for sale in Conroe, TX real estate market. The inventory of homes for sale in Conroe, TX between November 2022 and December 2022 decreased by 2.8%. Listings spent 38 days on the market in December 2022, and had a median list price of $308,566 during the same period. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 13.7% more expensive, prices of 3 bedrooms properties went up by 16%, the cost of 4 bedrooms properties went up by 14.4%, 5 bedrooms properties prices increased by 13.8%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes decreased by 3.5%, number of 5 bedrooms homes decreased by 12%. Over 8 listings were sold over their listed price in December 2022 in Conroe, TX. In the same period over 32 listings were sold below the listed price and 7 listings were sold for the listed price.

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