Is Montgomery, TX 77356 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Montgomery is a buyer’s market. With about 6.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score15/ 100

More competitive than 8% of U.S. ZIP codes, and #697 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 supply6.2Under 4 months = seller’s market
Sold above original list7.1%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market72Listing to accepted offer
Median price per sq ft$175▲ +2.7% vs. last year

The Montgomery housing market right now

In the three months ending August 31, 2026, 7% of homes in Montgomery, TX 77356 sold above their list price, the typical home went under contract in 72 days and there were 6.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 276 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (6% then), homes sold more slowly (70 days then) and the median sale price held steady to $368,840. Overall, Montgomery is about as competitive as it was a year ago.

Within Montgomery County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Montgomery ranks #697 of 868 TX ZIP codes with enough sales (score 15 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 77302Balanced $158 /sq ftConroe 77303Balanced $144 /sq ftConroe 77304Balanced $159 /sq ft Browse all markets →

Where Montgomery is

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Questions about Montgomery real estate

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

A buyer’s market: there were 6.2 months of supply in Montgomery, TX 77356 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 Montgomery?

The typical home went under contract in 72 days in the latest three months.

Do homes in Montgomery sell over asking?

7% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.

What are property taxes in Montgomery?

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 Montgomery?

The median sale price was $368,840 in the three months ending August 31, 2026, about $175 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