Is Montgomery County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Montgomery County is a seller's market

Buyer's
Market

Difference Since December 2020

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

Key Takeaway

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

How much do homes in Montgomery County, TX cost?

Median Sold Price

$335,956

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$46,220(+16.0%)

Key Takeaway

Homes in Montgomery County have sold for 16% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $92.5K$124K
+34.1%
2 $175K$198.6K
+13.5%
3 $235.2K$270.8K
+15.1%
4 $339.8K$385.1K
+13.3%
5+ $509.6K$628.8K
+23.4%

Median Sold Price Compared To Nearby Counties

Harris County
+16.6%
Montgomery County
+16.0%
Waller County
+15.6%
San Jacinto County
+10.9%
Liberty County
+10.6%

How many homes are available in Montgomery County, TX?

Number of Homes For Sale

Nov 2021Dec 2021%
2,8022,360-15.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 3834
-10.5%
2 136112
-17.6%
3 1,066889
-16.6%
4 1,2071,025
-15.1%
5+ 355300
-15.5%

Number of Homes Sold

Nov 2021Dec 2021%
8508510.1%

Asking Price vs. Sold Price

359 Homes Were Sold
Under Asking

214 Homes Were Sold
At Asking

278 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Montgomery County, you may be able to get a good deal. 42.2% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
39 Days24 Days-38.5%

Breakdown of Home Sale Times

644 Homes Were Sold
Under 30 Days

159 Homes Were Sold
In 30 - 90 Days

48 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About Montgomery County, TX

Number of homes for sale in Montgomery County, TX real estate market have reached 2,360. The inventory of homes for sale in Montgomery County, TX between November 2021 and December 2021 decreased by 15.8%. The median list price of listings available in December 2021 was $335,956, while the average time on the real estate market was 24 days. This housing market listing prices have changed between November 2021 and December 2021: 1 bedroom properties became 34.1% more expensive, prices of 2 bedrooms properties increased by 13.5%, prices of 3 bedrooms properties went up by 15.1%, the cost of 4 bedrooms properties went up by 13.3%, 5 bedrooms properties prices increased by 23.4%. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 10.5%, 2 bedrooms homes inventory decreased by 17.6%, the quantity of 3 bedrooms homes went down by 16.6%, 4 bedrooms homes became 15.1% less available, 5 bedrooms homes inventory decreased by 15.5%. In December 2021, from all listings sold in Montgomery County, TX there were more than 278 sold above asking price, over 359 sold below and more than 214 were sold right at the asked price.

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