$1,900 Closing Credit*
$160,000
960 SqFt
2 Beds
•2 Full Baths
Jeanette Solis, Listing Office: Walzel Properties - Corporate Office
Is Montgomery County, 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, Montgomery County was a Seller's Market.
Key Takeaway
Montgomery County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Montgomery County, TX
How much do homes in Montgomery County, TX cost?
Median Sold Price
$359,199
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,946(+4.6%)
Key Takeaway
Homes in Montgomery County have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Montgomery County was $359,199 in November 2024, up 4.6% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $161K | $147.4K | -8.4% |
| 2 Bedrooms | $251.8K | $264.5K | +5.0% |
| 3 Bedrooms | $290.8K | $300K | +3.2% |
| 4 Bedrooms | $387.7K | $406.8K | +4.9% |
| 5+ Bedrooms | $601.4K | $681.9K | +13.4% |
Summary: Montgomery County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Counties
| Montgomery County | $343.2K | $359.1K | +4.6% |
| Harris County | $318.2K | $326.6K | +2.6% |
| San Jacinto County | $250K | $255K | +2.0% |
| Walker County | $265K | $270.3K | +2.0% |
| Liberty County | $284.8K | $290K | +1.8% |
Housing Supply in Montgomery County, TX
How many homes are available in Montgomery County, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4,749 | 4,833 | +1.8% |
Summary: The Montgomery County real estate market had 4,833 homes for sale in November 2024, a 1.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 55 | 60 | +9.1% |
| 2 Bedrooms | 226 | 228 | +0.9% |
| 3 Bedrooms | 1,895 | 1,929 | +1.8% |
| 4 Bedrooms | 2,096 | 2,098 | 0.1% |
| 5+ Bedrooms | 477 | 518 | +8.6% |
Summary: The Montgomery County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 8.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 825 | 652 | -21.0% |
Asking Price vs. Sold Price
419 Homes Were Sold
Under Asking
150 Homes Were Sold
At Asking
82 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Montgomery County, you may be able to get a good deal. 64.4% of homes here sold below asking price last month.
Summary: A total of 652 homes were sold or pending in Montgomery County in November 2024, down by 21.0% month-over-month. Of the 651 sold homes, 64% were sold under asking, 23% were sold at asking, and 13% were sold over asking.
Days on Market for Montgomery County, TX
How long does it take to sell a home in Montgomery County, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 50 Days | -1.5% |
Summary: Homes in Montgomery County had an average of 50 days on market in Nov 2024, down by 1.5% compared to last year.
Breakdown of Home Sale Times
302 Homes Were Sold
Under 30 Days
234 Homes Were Sold
In 30 - 90 Days
115 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Montgomery County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 652 homes were sold in Montgomery County; 46% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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