What Is Happening With the Montgomery TX Housing Market in November 2026?

By Alfred Castillo. Published November 2, 2026. Updated November 2, 2026.

What is the Montgomery TX housing market doing in November 2026?

Start with the big picture, because Montgomery does not trade in a bubble. According to HAR's September 2026 report, released Oct. 14, 2026, Greater Houston closed 7,030 single-family sales, down 5.7% from a year earlier. The median price was $325,000, essentially flat, and active listings reached 40,192, up 6.3%.

HAR's same report put supply at 5.5 months of inventory, up from 5.1 months a year earlier. Months of inventory is the time it would take to sell every active listing at the current pace. More months generally means buyers have more room to choose and sellers face more competition.

Here is the honest part: those are Greater Houston numbers, not Montgomery numbers. For the wider Conroe and Montgomery area, Community Impact reported on Sept. 24, 2026, citing data from Tammy Sohl of JLA Realty, that August sales fell year over year and prices slipped in six of eight ZIP codes. Only northeast and downtown Conroe saw increases. Take that as a direction, not a Montgomery price tag.

Why did Montgomery's council deny a duplex rezoning?

On Oct. 13, 2026, the Montgomery City Council unanimously denied a request to rezone a 0.7-acre lot, according to Community Impact on Oct. 15. The owner wanted to split it into two tracts and build two duplexes, which would have put four households on a lot zoned for one single-family home.

The city's planning and zoning commission had already recommended denial. Community Impact reported that residents who spoke during public comment cited the city's small-town feel and property values. Two council members said they saw no problem with the plan personally but voted no because nearby residents objected strongly.

Why this matters to a buyer or seller

Zoning is the rulebook that says what can be built next door. A denial means that lot stays under its current rules, which tells you how this council weighs neighbor input against new housing types. I am not predicting a price effect, because nobody can honestly do that from one vote.

What does the Lowe's agreement mean for Montgomery buyers and sellers?

Community Impact reported on Oct. 22, 2026 that the council was set to consider an escrow agreement with Lowe's Home Improvement at its Oct. 27 meeting. Under it, Lowe's would pay into a fund that reimburses the city for the cost of overseeing the development, and the agenda contract listed a $7,000 payment.

The site is a 9.12-acre tract between C.B. Stewart Drive and Buffalo Spring Road. The article described no incentives for Lowe's. I could not confirm how the Oct. 27 vote went, so check the City of Montgomery's posted minutes before you treat this as settled.

What it means in plain terms: a retail project is moving through the city's paperwork. That changes what sits near that corner over time. It does not set a home price, and I will not pretend it does.

How does Montgomery's size shape what buyers and sellers can expect?

Think of Montgomery as a dinner table with a fixed number of chairs. Growth keeps pulling up new tables on every side, but the city itself decides how many chairs it adds. One council member said as much on Oct. 13, noting the city is small and surrounded by growing areas, per Community Impact.

Next door, Conroe moved the other way on one housing type. Community Impact reported on Oct. 23, 2026 that Conroe adopted an ordinance capping the density of townhome and duplex development. Two neighbors, two different approaches to the same question, and that is why a Montgomery address and a Conroe address can behave differently.

For a seller, that means comparing against true Montgomery sales, not a county average. For a buyer, it means asking which rules and utility districts apply to the exact address. Boundaries matter more than headlines.

I covered more of the regional picture in my Nov. 1 weekly roundup of the corridor, and the monthly numbers live on my monthly market updates page.

What should Montgomery buyers and sellers do this month?

Bottom line: ignore the average and price the house in front of you. Headlines move a market less than the three nearest closed sales do.

If you are selling, start with the net proceeds page so you see what a sale could leave you with before you pick a number. If you are buying, the home buyer guide walks the steps in order. Financing questions belong with a licensed lender, and zoning questions about a specific lot belong with City of Montgomery staff or a real estate attorney.

Frequently asked questions

Are Montgomery TX home prices going down?

I cannot say from a Montgomery-only figure, because I did not find a published one for September 2026. HAR reported the Greater Houston median at $325,000 in September, roughly flat year over year, and Community Impact reported slight price dips in six of eight Conroe-Montgomery ZIP codes for August.

Did Montgomery approve duplexes?

Not on the lot discussed on Oct. 13, 2026. The council unanimously denied that rezoning request, per Community Impact on Oct. 15.

Where can I check the Lowe's vote?

The City of Montgomery posts council agendas and minutes for the Oct. 27, 2026 meeting. I could not confirm the outcome when I wrote this.

Metro Realty Partners (legal name: Metro Realty Partners Group) is a licensed Texas real estate brokerage team operating under (powered by) eXp Realty, LLC, One Riverway #1700, Houston, TX 77056. We are a real estate brokerage, not a mortgage lender or appraiser; we do not originate loans, set interest rates, or guarantee financing, loan approval, sale price, or savings. Figures are cited from the sources named and are educational, not an offer, quote, or tax, legal or financial advice. Please consult a licensed lender, CPA or attorney for those questions. All real estate services, representation terms, and compensation are negotiable and confirmed in a written agreement. Read the Texas Real Estate Commission's Information About Brokerage Services (IABS) and Consumer Protection Notice, available from your agent or at trec.texas.gov. Equal Housing Opportunity. © 2026 Metro Realty Partners. We Make Things Happen!