Is Montgomery, TX 77316 a buyer’s or seller’s market?
Montgomery is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5.8Under 4 months = seller’s market
Sold above original list6%Share of sales, last 3 months
Median sale-to-list96.9%Sold price ÷ list price
Median days on market91Listing to accepted offer
Median price per sq ft$173▲ +0.2% vs. last year
Run the numbers for 77316
Nearby markets
Conroe 77301Balanced $138 /sq ftConroe 77302Balanced $158 /sq ftConroe 77303Balanced $144 /sq ftConroe 77304Balanced $159 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology