The Conroe and Montgomery housing market tapped the brakes in February, with total closings slipping 3.6% year over year even as many neighborhoods posted higher median prices. Five of the eight ZIP codes tracked by a local market report saw sales pull back, and in some areas homes are lingering longer before finding a buyer. The result is a patchwork market where both sides are adjusting to conditions that feel a lot less like the pandemic-era frenzy and a lot more like a traditional, slower burn.
According to Community Impact, data from The Sawyer Realty Group shows total home sales in the Conroe-Montgomery area fell 3.6% year over year in February, with 45.2% of the homes that did sell priced between $250,000 and $499,999. The report found that median sale prices still climbed in six of the eight ZIP codes studied. ZIP code 77356 posted the biggest jump, with the median rising roughly 27.45% from $362,500 to $462,000, even as the average days on market there stretched from 85 days to 135 days.
Houston Cooldown Puts Squeeze on Conroe Sellers
The local slowdown is tracking a broader cooling across the Houston region. The Houston Association of REALTORS®' February snapshot shows single-family closings across the metro dipping about 2.2% year over year, with shifts in listing and showing activity pointing to more available inventory for buyers. That backdrop helps explain why Conroe-area sellers are seeing mixed outcomes, even while certain price bands are still moving.
More Listings, Longer Waits Across Texas
Statewide research from the Texas Real Estate Research Center points to elevated inventory and longer days on market across Texas, trends that have cooled price growth in several metros and handed buyers more bargaining power. The center's February analysis shows average days on market and active listings climbing in recent months. That mix often produces exactly what Conroe is seeing now: slower sales overall, but stable or rising median prices in certain neighborhoods that still draw demand.
What Buyers and Sellers Are Walking Into Now
Local brokers describe a market settling back into something closer to its pre-pandemic rhythm, with more choices for buyers and more pressure on sellers to stand out. As Axios reported, Houston Association of REALTORS® Chair Theresa Hill says rising inventory has "returned [the market] to more pre-pandemic conditions," a shift that tends to reward listings that are priced and presented sharply. For buyers in the Conroe-Montgomery area, that means a bit more breathing room to shop. For sellers, it likely means fine-tuning price and making homes show-ready if they want to chase top dollar in a market that is no longer guaranteed to deliver it automatically.
