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 2023

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.

Housing Prices in Conroe, TX

How much do homes in Conroe, TX cost?

Median Sold Price

$328,251

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$3,051(+0.9%)

Key Takeaway

Homes in Conroe have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Conroe was $328,251 in December 2024, up 0.9% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $150K$130K
-13.3%
2 $228.3K$249.5K
+9.3%
3 $285K$279.9K
-1.8%
4 $364.5K$367.1K
+0.7%
5+ $454.8K$500.6K
+10.1%

Summary: Conroe housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 9.3%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 10.1%.

Median Sold Price Compared To Nearby Cities

Southeast Montgomery
+5.5%
Panorama Village
+4.3%
Conroe
+0.9%

Housing Supply in Conroe, TX

How many homes are available in Conroe, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1,3221,369+3.6%

Summary: The Conroe real estate market had 1,369 homes for sale in December 2024, a 3.6% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 55
0.0%
2 2222
0.0%
3 568603
+6.2%
4 601610
+1.5%
5+ 126129
+2.4%

Summary: The Conroe housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 2.4%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
215246+14.4%

Asking Price vs. Sold Price

147 Homes Were Sold
Under Asking

82 Homes Were Sold
At Asking

17 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. 59.8% of homes here sold below asking price last month.

Summary: A total of 246 homes were sold or pending in Conroe in December 2024, up by 14.4% month-over-month. Of the 246 sold homes, 60% were sold under asking, 33% were sold at asking, and 7% 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

Dec 2023Dec 2024CHANGE
63 Days63 Days-0.3%

Summary: Homes in Conroe had an average of 63 days on market in Dec 2024, down by 0.3% compared to last year.

Breakdown of Home Sale Times

77 Homes Were Sold
Under 30 Days

108 Homes Were Sold
In 30 - 90 Days

61 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Conroe has remained consistent over time.

Summary: During December 2024, 246 homes were sold in Conroe; 31% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

Newest Listings in Conroe, TX

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