Conroe Home Prices: $305K, Down 0.8% — 7 ZIPs Analyzed (2026)

$304,964. That’s the typical home value in Conroe right now. Prices are down 0.8% from a year ago, even as the city added more than 23,000 residents since 2020.

Quick answer: The average home price in Conroe, TX is $304,964 as of February 2026, down 0.8% year over year according to Zillow.

Current Home Prices in Conroe

The median home in Conroe sells for just over $300K. That puts the city well below the Houston metro’s pricier suburbs like Sugar Land, but the price gap with surrounding Montgomery County areas is shrinking fast.

The spread between Conroe’s cheapest and most expensive ZIPs is $185,527 — the priciest neighborhood costs 83% more than the cheapest. That’s a wide gap for a city of this size, and it reflects how Conroe stretches from older neighborhoods near the courthouse out to newer master-planned communities closer to The Woodlands.

The 0.8% annual decline is small, but it’s part of a longer slide. Prices peaked in March 2025 at $307,416 and have ticked down most months since.

Conroe Home Prices by Neighborhood

Seven ZIPs cover the Conroe market. Here’s what each one looks like.

Most Expensive

77384 tops the list at $410,293, sitting on the south side of Conroe closer to The Woodlands. Despite the high price tag, monthly rent there averages just $1,539 — one of the lowest rent-to-price ratios in the city.

77385 comes in at $345,541 with the second-highest rent at $1,779. The pricing reflects newer construction and proximity to I-45 commuter routes.

77304 rounds out the top three at $329,244. Rent here is the lowest in the city at $1,385, suggesting a stronger owner-occupied mix.

Most Affordable

77306 is the cheapest place to buy at $224,766, about 26% below the city median. Curiously, rent there runs $1,707 — higher than several pricier ZIPs.

77301 sits at $236,804, covering parts of central and downtown Conroe. Rent averages $1,512.

77303 rounds out the bottom three at $263,958 with rent at $1,611.

Rent vs Buy in Conroe

The math currently favors renting. Average rent across all seven ZIPs is roughly $1,659 per month.

A mortgage on the $304,964 median, with 20% down at a 6.5% rate, runs about $1,541 in principal and interest. Add property taxes (Texas runs high — figure 2.2% annually, or about $560 a month) and insurance ($150-$200), and the monthly cost lands closer to $2,250.

That’s a $590 monthly gap between renting and buying. Over a year, that’s $7,000 you keep in your pocket by renting.

The picture changes by ZIP. Renting in 77302 costs $2,079 — more than the average mortgage in the cheapest ZIP. Anyone paying that rent in 77302 could likely buy in 77306 or 77301 for the same monthly outlay.

The catch: buying builds equity, and Conroe’s price slide is gentle. If prices stabilize, owners come out ahead long term. Renters benefit right now from the cash-flow gap.

Population Growth and Migration

Conroe added 23,347 residents between 2020 and 2024 — a 25.6% jump that ranks among the fastest in Texas.

Growth held above 5% every single year. Conroe crossed the 100,000 mark in 2022 and has kept climbing.

Compare that to other Texas cities:

Conroe is growing nearly three times faster than Fort Worth and almost nine times faster than Austin. That kind of demand should support prices over time. The fact that prices are flat-to-down despite this growth tells you Conroe’s home builders are keeping up — for now.

Conroe Housing Market Trends

Twelve months of price data shows a slow, steady decline.

Prices fell from March through October, then started ticking back up. The recent four-month uptrend ($303,623 → $304,964) added $1,341 to the median — small, but the direction reversed.

The high-end ZIPs have been the weakest. The maximum value dropped from $412,715 in March 2025 to $410,293 in February 2026. Cheaper ZIPs held up better.

Is Conroe a Good Place to Buy in 2026?

Conroe is a buyer’s market right now, with a caveat. The 0.8% annual price drop and the rent-vs-buy gap give buyers the upper hand. Sellers competing with new construction in 77384 and 77385 don’t have room to push.

But the population data complicates that read. A city growing 25.6% in four years won’t stay flat on prices forever. Once builder inventory thins out — and high mortgage rates have already slowed new construction nationally — demand will catch up.

The cheapest ZIPs (77306, 77301, 77303) carry the least downside risk. They’re priced low enough that further declines would be limited, and they sit closer to the city’s growth path north and east.

Higher-end buyers in 77384 should negotiate hard. That’s where the price drops have been steepest.

Conroe Housing Market Outlook for 2026-2027

The 4-month trend has reversed from declining to slightly rising. If that pace continues — roughly $335 added to the median per month — Conroe could end 2026 around $307K-$308K, basically erasing the prior year’s losses.

The bigger story is population. Conroe added 5,676 residents in 2024 alone. That demand has to land somewhere. As long as Houston metro job growth holds, Conroe’s pull as an affordable suburban option should put a floor under prices.

The 3-month trend suggests stabilization rather than recovery. Watch the high-end ZIPs (77384, 77385) for signals — they tend to move first in either direction.

Similar Markets in TX

If Conroe doesn’t fit, these Texas cities have published price data:

• Spring — Conroe’s neighbor to the south, similar Houston metro suburb feel.
• Houston — the metro core, with a much wider price range and more inventory.
• Sugar Land — pricier Houston suburb for buyers wanting a polished master-planned community.
• Katy — west-side Houston suburb with comparable population growth.
• San Antonio — bigger market, lower median prices than most Houston suburbs.

Frequently Asked Questions

What is the average home price in Conroe?

The average home price in Conroe, TX is $304,964 as of February 2026. That’s the median across seven ZIP codes tracked by the Zillow Home Value Index. Prices range from $224,766 in 77306 to $410,293 in 77384.

Are home prices going up or down in Conroe?

Prices are down 0.8% year over year. The market peaked at $307,416 in March 2025 and bottomed at $303,623 in October 2025. The most recent four months show a small upward bounce.

Is it cheaper to rent or buy in Conroe?

Renting is cheaper by about $590 a month right now. The average Conroe rent is $1,659, while a mortgage on the median $304,964 home — including taxes and insurance — runs around $2,250. Buying still makes sense if you plan to stay 5+ years and want to build equity.

What is the most affordable neighborhood in Conroe?

ZIP 77306 is the cheapest neighborhood at $224,766 — 26% below the city median. ZIP 77301 (downtown Conroe) comes in second at $236,804. Both sit well below the $410,293 high in 77384.

Methodology

Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.