Is Montgomery, TX 77316 a buyer’s or seller’s market?

The Montgomery housing market right now

In the three months ending August 31, 2026, 6% of homes in Montgomery, TX 77316 sold above their list price, the typical home went under contract in 91 days and there were 5.8 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 465 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 9%, homes sold more slowly (58 days then) and the median sale price rose 14% to $426,810. Overall, Montgomery is less competitive than a year ago, which gives buyers more room.

Within Montgomery County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 81%. On our competition score, Montgomery ranks #754 of 868 TX ZIP codes with enough sales (score 12 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.