$2,672 Closing Credit*
$225,000
1,412 SqFt
3 Beds
•2 Full Baths
My-Chau Nguyen, Listing Office: NB Elite Realty
Is Conroe, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$330,016
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$17(0%)
Key Takeaway
The sold price of homes in Conroe has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $130K | -18.8% |
| 2 Bedrooms | $225K | $253K | +12.4% |
| 3 Bedrooms | $294.5K | $281.1K | -4.5% |
| 4 Bedrooms | $375.1K | $367.1K | -2.1% |
| 5+ Bedrooms | $465K | $500K | +7.5% |
Summary: Conroe housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 12.4%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Cities
| Southeast Montgomery | $355.8K | $357K | 0.3% |
| Conroe | $330K | $330K | 0% |
| Panorama Village | $299.5K | $295K | -1.5% |
Housing Supply in Conroe, TX
How many homes are available in Conroe, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,414 | 1,551 | +9.7% |
Summary: The Conroe real estate market had 1,551 homes for sale in October 2024, a 9.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 4 | -42.9% |
| 2 Bedrooms | 41 | 41 | 0.0% |
| 3 Bedrooms | 603 | 669 | +10.9% |
| 4 Bedrooms | 651 | 698 | +7.2% |
| 5+ Bedrooms | 112 | 139 | +24.1% |
Summary: The Conroe housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 24.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 275 | 204 | -25.8% |
Asking Price vs. Sold Price
136 Homes Were Sold
Under Asking
50 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. 67% of homes here sold below asking price last month.
Summary: A total of 204 homes were sold or pending in Conroe in October 2024, down by 25.8% month-over-month. Of the 203 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 50 Days | +8.3% |
Summary: Homes in Conroe had an average of 50 days on market in Oct 2024, up by 8.3% compared to last year.
Breakdown of Home Sale Times
83 Homes Were Sold
Under 30 Days
84 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Conroe has remained consistent over time.
Summary: During October 2024, 204 homes were sold in Conroe; 41% of homes were sold within 30 days, 41% 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. 
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2024 Central Texas MLS, All Rights Reserved.