Montgomery, TX

Buyer's market-11.6% YoY

Housing market overview · Updated weekly

$296,000median sale price

Homes sold

4

Last 12 weeks

Days on market

94

Average pace

Active listings

41

10.3 months supply

Sale-to-list

97.6%

Below asking

The Montgomery housing market is currently classified as a buyer's market with a median sale price of $296,000. Prices have fallen 11.6% compared to last year, with homes spending an average of 94 days on market, indicating 10.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Montgomery

There are currently 41 homes listed for sale in Montgomery, Texas. The median listing price is $477K.

Active listings

41

Homes on market

Median list price

$477K

Avg. days on market

94

Days until sale

New this week

7

Newly listed

Price drops:39.0%of listings
Sale-to-list:97.6%

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Frequently asked questions

What is the average home price in Montgomery?

The median home sale price in Montgomery is $296,000, down 11.6% from last year.

How long do homes stay on market in Montgomery?

Homes typically spend 94 days on market before going under contract.

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

With 10.3 months of supply, Montgomery is currently a buyer's market.

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