Conroe, Texas Housing Market

What stands out in Conroe?

• Population is up 24.5% over five years: among the fastest population growth of 765 tracked cities. Growth brings tenants and buyers.
• Asking prices swing about 4.4% between the cheapest and priciest months: among the flattest seasonal prices of 765 tracked cities. The month you buy matters little here.

How much more is for sale in Conroe than before the pandemic?

There are 1,365 homes for sale in Conroe, 48% more than in 2017–2019 at this time of year. The build-up is biggest in 77306 (117 for sale, 448% above its 2017–2019 level) and 77302 (243 for sale, 184% above its 2017–2019 level). More choice means you can walk away from any home priced for the market of three years ago.

Is housing keeping up with Conroe's growth?

The population in Conroe's ZIP codes grew 24.5% over five years, faster than 97% of the cities we track. Households (+31.3%) grew faster than housing (+27.5%). Demand is outrunning supply. Homes for sale are 48% above 2017–2019 at this time of year.

How much can you negotiate in Conroe?

For every 100 homes still for sale, 32 are under contract. In 2017–2019 at this time of year it was 37. The rest are still waiting for a buyer. About 1 in 5 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.

Conroe listings spend a median 56 days on the market. There are 1,365 homes for sale in Conroe. That is 3.9 times the tightest month on record, but below the peak of 1,410. Supply is steady against last year.

What to do about it

• Start in 77301, 77304, and 77385, where sellers are weakest: in 77301, 22% of sellers have cut and listings spend a median 60 days on the market.
• Look for listings older than 60 days with a price cut.

When do Conroe prices dip?

Across 9 full years, Conroe asking prices ran lowest in January, about 3.0% below the year's average. They peaked in June. The most homes for sale show up in August, about 9% above the yearly average. Shop in August for choice, and expect the softest asking prices in January.

How does Conroe compare with other Texas markets?

Ranked among the 77 Texas markets we track:

• Asking price: 39th cheapest of 77. Conroe is at $352,925. Closest: Grand Prairie and San Marcos.
• Buyer competition: 21st most competitive of 67. Conroe is at 0.32 buyers per home. Closest: The Colony and Plano.
• Time on market: 23rd shortest time on market of 77. Conroe is at a median of 56 days on market. Closest: Baytown and Mansfield.
• Price cuts: 21st fewest price cuts of 77. Conroe is at 20% of sellers cutting. Closest: Corpus Christi and Beaumont.

Is now a good time to buy in Conroe?

The median asking price is 9.8% below its Apr 2022 peak. You are not buying at the top. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Conroe prices rose in only 77 of the last 111 months. This market goes up and down. Timing matters here. Growth will not rescue a bad price.

This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.

What numbers should you underwrite a Conroe deal with?

• Price growth to assume — +0.6%/yr. Conroe grew 3.7% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Conroe grows about 0.6% a year. That is the number to type in. Prices fell 1.3% over the last year. Use it for timing. The five-year rate is the better guide.
• Comp on price per square foot — $163/sqft. The typical Conroe listing shrank from 2,783 to 2,253 sqft since Jul 2016. So median price hides real growth: 40% per sqft versus 16% on the median. Comp on median price and you will overpay for small homes.

Read what days on market tells you about leverage and how we read these numbers, then run the numbers on a deal.

What is the median home price in Conroe?

The median asking price in Conroe is about $353,000 as of Sep 2026, down 0.7% from a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Conroe figures cover the 8 ZIP codes with a Conroe mailing address, which can reach past city limits.

Is Conroe a buyer's or seller's market in 2026?

Neither side has the upper hand in Conroe right now. We compare Conroe with 2017–2019 at this time of year: there are 48% more homes for sale; listings spend 15% fewer days on the market; 20% of sellers have cut their price, against 23% then.

Are Conroe home prices going up or down?

The median asking price is 9.8% below its Apr 2022 peak. You are not buying at the top. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.

Which Conroe ZIP code has the most negotiating room?

77301. Only 22 homes under contract for every 100 still for sale. 22% of sellers there have cut their price, and listings there spend a median 60 days on the market.

What is the fair market rent in Conroe?

HUD's fiscal year 2026 fair market rent for Montgomery County is $1,573 a month for 2 bedrooms and $2,116 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.