$10,000 Closing Credit*
$1,095,000
3,792 SqFt
3 Beds
•3 Full Baths, 1 Partial
Diane Kink, Listing Office: Keller Williams Realty The Woodlands
Is Southeast Montgomery, 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, Southeast Montgomery was a Seller's Market.
Key Takeaway
Southeast Montgomery is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Southeast Montgomery, TX
How much do homes in Southeast Montgomery, TX cost?
Median Sold Price
$354,770
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,253(+4.5%)
Key Takeaway
Homes in Southeast Montgomery have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Southeast Montgomery was $354,770 in November 2024, up 4.5% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.5K | $137.5K | -12.7% |
| 2 Bedrooms | $275K | $273K | -0.7% |
| 3 Bedrooms | $288.8K | $295K | +2.1% |
| 4 Bedrooms | $374.3K | $397.3K | +6.1% |
| 5+ Bedrooms | $570.3K | $672.4K | +17.9% |
Summary: Southeast Montgomery housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.7%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 17.9%.
Median Sold Price Compared To Nearby Cities
| Southeast Montgomery | $339.5K | $354.7K | +4.5% |
| Oak Ridge North | $355K | $361.5K | +1.8% |
Housing Supply in Southeast Montgomery, TX
How many homes are available in Southeast Montgomery, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2,658 | 2,709 | +1.9% |
Summary: The Southeast Montgomery real estate market had 2,709 homes for sale in November 2024, a 1.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 12 | -14.3% |
| 2 Bedrooms | 95 | 100 | +5.3% |
| 3 Bedrooms | 1,052 | 1,052 | 0.0% |
| 4 Bedrooms | 1,224 | 1,253 | +2.4% |
| 5+ Bedrooms | 273 | 292 | +7.0% |
Summary: The Southeast Montgomery housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 5.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 488 | 379 | -22.3% |
Asking Price vs. Sold Price
236 Homes Were Sold
Under Asking
93 Homes Were Sold
At Asking
48 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast Montgomery, you may be able to get a good deal. 62.6% of homes here sold below asking price last month.
Summary: A total of 379 homes were sold or pending in Southeast Montgomery in November 2024, down by 22.3% month-over-month. Of the 377 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Southeast Montgomery, TX
How long does it take to sell a home in Southeast Montgomery, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 46 Days | -5.2% |
Summary: Homes in Southeast Montgomery had an average of 46 days on market in Nov 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
178 Homes Were Sold
Under 30 Days
145 Homes Were Sold
In 30 - 90 Days
54 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southeast Montgomery are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 379 homes were sold in Southeast Montgomery; 47% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
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