Montgomery, TX 77316 Housing Market
- Active listings111currently for sale
- Pending sales69under contract
- Median asking price$595,000current listings
- Inventory age2 daysmedian time the current active listings have been on the market
- Closings tracked directly (6 mo)237a tracked sample, not a market total
- Median sold price$478,640last 6 months
- Middle half of sold prices$355k to $675k25th to 75th percentile
What the numbers say
As of July 18, 2026, Resideline is tracking 111 active listings and 69 pending sales in ZIP code 77316. That pending-to-active ratio of 0.62 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $595,000, while the median of the 237 closings Resideline tracked directly over the last six months was $478,640. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 77316 has been on the market for 2 days.
Frequently asked questions
What is the median home price in 77316?
The median closed sale price in Montgomery, TX 77316 was $478,640 over the last six months, based on 237 closings Resideline tracked directly. Texas is a non-disclosure state, so this is a tracked sample rather than all recorded closings. The middle half of those sales ranged from $355,000 to $674,900.
Is 77316 a buyer's or seller's market?
Resideline is currently tracking 69 pending sales against 111 active listings in 77316, a pending-to-active ratio of 0.62. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 77316 currently looks like a seller's market.