The story of this market
The typical home in Montgomery, Texas sells for about $354,787, or $185 per square foot.
Prices are down 22.5% from a year ago, which gives buyers more room to negotiate. Homes take about 170 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,417 a month.
Monthly price momentum
Home values since 2015
+1.1%
TX · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Montgomery, Texas
The Montgomery housing market is currently experiencing a significant correction, with median prices down 22.5% year-over-year and days on market extending to 170 days. High inventory levels and a cooling demand environment are driving this shift, signaling a transition from the rapid growth seen in previous years. Buyers currently hold more leverage as the market adjusts to higher interest rates and increased supply.
No ARED county foreclosure postings attributed to Montgomery yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 0.2% year over year.
Homes spend a median of 101 days on market with 1.1 months of supply — a balanced-paced market.
5% of listings have cut prices · homes sell at 94.66% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 9.8% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A 21,000-acre reservoir providing the primary recreational base for the region, including fishing, boating, and water sports.
A premier gated community and club featuring 54 holes of golf and extensive marina facilities.
A large-scale master-planned community offering golf, tennis, and yacht club access to residents.
The city's historic core featuring antique shops, local restaurants, and community-focused events.
Montgomery fits family buyers seeking a small-town atmosphere with lake access, as well as retirees looking for established golf-course communities. It is less suited for urban-core commuters due to the distance from major employment hubs.
Montgomery Independent School District is highly rated, maintaining an A- grade from Niche and serving as the primary educational anchor for the city.
The city is primarily served by SH 105, which provides the main east-west corridor connecting to Conroe and Navasota.
The city is defined by its access to Lake Conroe, offering extensive boating, fishing, and waterfront dining, alongside historic downtown Montgomery's boutique shopping and community events.
The rental market is characterized by a mix of single-family homes and apartment communities, with demand driven by lake-area lifestyle seekers and regional commuters.
The local economy is anchored by tourism, recreation, and service industries, with significant support from the broader Montgomery County economic base.
The city benefits from its proximity to the Lake Conroe recreational corridor and ongoing residential expansion, though it remains distinct from the denser suburban growth of The Woodlands.
Development is focused on residential expansion around the Lake Conroe perimeter and infrastructure improvements to support population growth.
Parcels are subject to Montgomery ISD taxes, with many newer residential developments falling within Municipal Utility Districts (MUDs) for water and sewer services.
The area is subject to regional flood risks associated with Lake Conroe and the San Jacinto River basin, necessitating careful consideration of flood insurance requirements.
Property insurance premiums in the area are influenced by regional wind and flood risk profiles, with market health remaining stable but sensitive to weather events.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from censusreporter.org for Montgomery city, Texas.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.