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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast Montgomery is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Southeast Montgomery, TX cost?

Median Sold Price

$365,052

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$44,711(+14.0%)

Key Takeaway

Homes in Southeast Montgomery have sold for 14% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $127.5K$150K
+17.6%
2 $224K$250K
+11.6%
3 $255.1K$297.4K
+16.6%
4 $356K$409.9K
+15.1%
5+ $576.6K$668.2K
+15.9%

Median Sold Price Compared To Nearby Cities

Oak Ridge North
+31.4%
Shenandoah
+28.7%
Southeast Montgomery
+14.0%

How many homes are available in Southeast Montgomery, TX?

Number of Homes For Sale

Aug 2022Sep 2022%
1,9441,981+1.9%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 914
+55.6%
2 6968
-1.4%
3 736738
0.3%
4 904917
+1.4%
5+ 226244
+8.0%

Number of Homes Sold

Aug 2022Sep 2022%
545438-19.6%

Asking Price vs. Sold Price

246 Homes Were Sold
Under Asking

90 Homes Were Sold
At Asking

102 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast Montgomery, you may be able to get a good deal. 56.2% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
20 Days26 Days+27.4%

Breakdown of Home Sale Times

316 Homes Were Sold
Under 30 Days

102 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Southeast Montgomery 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 Southeast Montgomery, TX

There are 1,981 homes are for sale in Southeast Montgomery, TX real estate market. The number of homes for sale in Southeast Montgomery, TX increased by 1.9% between August 2022 and September 2022. In September 2022, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $365,052. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 17.6%, prices of 2 bedrooms properties increased by 11.6%, prices of 3 bedrooms properties went up by 16.6%, prices of 4 bedrooms properties increased by 15.1%, the cost of 5 bedrooms properties went up by 15.9%. Volume of homes for sale changed: volume of 1 bedroom homes went up by 55.6%, number of 2 bedrooms homes decreased by 1.4%, the quantity of 3 bedrooms homes went up by 0.3%, volume of 4 bedrooms homes went up by 1.4%, the quantity of 5 bedrooms homes went up by 8%. Southeast Montgomery, TX housing market in September 2022 saw over 102 listings sold above listed price, more than 90 sold at listed price and over 246 sold below.

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