$3,503 Closing Credit*
$295,000
1,709 SqFt
3 Beds
•2 Full Baths
Wendy Welsh, Listing Office: Coldwell Banker Realty - Lake Conroe/Willis
Is Conroe, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Conroe was a Seller's Market.
Key Takeaway
Conroe is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Conroe, TX
How much do homes in Conroe, TX cost?
Median Sold Price
$329,938
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$730(+0.2%)
Key Takeaway
The sold price of homes in Conroe has remained the same since last year.
Summary: The median home sold price in Conroe was $329,938 in November 2024, up 0.2% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $132K | -12.0% |
| 2 Bedrooms | $225K | $254.9K | +13.3% |
| 3 Bedrooms | $289K | $280K | -3.1% |
| 4 Bedrooms | $366.1K | $368.4K | +0.6% |
| 5+ Bedrooms | $454.9K | $485K | +6.6% |
Summary: Conroe housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Cities
| Southeast Montgomery | $339.5K | $354.7K | +4.5% |
| Panorama Village | $302.5K | $310K | +2.5% |
| Conroe | $329.2K | $329.9K | 0.2% |
Housing Supply in Conroe, TX
How many homes are available in Conroe, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,442 | 1,489 | +3.3% |
Summary: The Conroe real estate market had 1,489 homes for sale in November 2024, a 3.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 34 | 28 | -17.6% |
| 3 Bedrooms | 627 | 641 | +2.2% |
| 4 Bedrooms | 642 | 663 | +3.3% |
| 5+ Bedrooms | 134 | 151 | +12.7% |
Summary: The Conroe housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 12.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 227 | 193 | -15.0% |
Asking Price vs. Sold Price
128 Homes Were Sold
Under Asking
48 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Conroe, you may be able to get a good deal. 66.3% of homes here sold below asking price last month.
Summary: A total of 193 homes were sold or pending in Conroe in November 2024, down by 15.0% month-over-month. Of the 193 sold homes, 66% were sold under asking, 25% were sold at asking, and 9% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 53 Days | +2.0% |
Summary: Homes in Conroe had an average of 53 days on market in Nov 2024, up by 2% compared to last year.
Breakdown of Home Sale Times
83 Homes Were Sold
Under 30 Days
75 Homes Were Sold
In 30 - 90 Days
35 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Conroe are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 193 homes were sold in Conroe; 43% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved. 
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