Is Conroe, TX 77302 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Conroe is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score24/ 100

More competitive than 18% of U.S. ZIP codes, and #439 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.2Under 4 months = seller’s market
Sold above original list8.3%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market90Listing to accepted offer
Median price per sq ft$158▼ −7.6% vs. last year

The Conroe housing market right now

In the three months ending August 31, 2026, 8% of homes in Conroe, TX 77302 sold above their list price, the typical home went under contract in 90 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 247 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold faster (92 days then) and the median sale price fell 8% to $341,217. Overall, Conroe is about as competitive as it was a year ago.

Within Montgomery County, homes here sell more slowly than in 81% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Conroe ranks #439 of 868 TX ZIP codes with enough sales (score 24 out of 100).

Nearby, buyers who want less competition could look at Richards 77873 (0% sold over asking) or Conroe 77303 (3% sold over asking), while Conroe 77385 (17% sold over asking) and Conroe 77301 (15% sold over asking) are even more competitive.

Nearby markets

Conroe 77301Balanced $138 /sq ftConroe 77303Balanced $144 /sq ftConroe 77304Balanced $159 /sq ftConroe 77306Buyer’s market $135 /sq ft Browse all markets →

Where Conroe is

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Questions about Conroe real estate

Is Conroe a buyer’s or seller’s market?

A balanced market: there were 4.2 months of supply in Conroe, TX 77302 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Conroe?

The typical home went under contract in 90 days in the latest three months.

Do homes in Conroe sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.

What are property taxes in Conroe?

About 1.52% of a home’s value a year in Montgomery County, or roughly $6,080 on a $400,000 home.

What is the median home price in Conroe?

The median sale price was $341,217 in the three months ending August 31, 2026, about $158 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology