The Neartown-Montrose housing market is somewhat competitive. The median sale price of a home in Neartown-Montrose was $620K last month, up 4.6% since last year. The median sale price per square foot in Neartown-Montrose is $268, up 13.8% since last year.
What is the housing market like in Neartown-Montrose today?
In April 2024, Neartown-Montrose home prices were up 4.6% compared to last year, selling for a median price of $620K. On average, homes in Neartown-Montrose sell after 32 days on the market compared to 47 days last year. There were 162 homes sold in April this year, up from 142 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$620,250
+4.6% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Neartown-Montrose, TX
$620,250
+4.6%
United States
To compare other locations to the Neartown-Montrose and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Houston add value to a home.
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How hot is the Neartown-Montrose housing market?
Neartown-Montrose is somewhat competitive. Homes sell in 24.5 days.
0
100
54
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 25 days.
Hot homes
can sell for around list price and go pending in around 7 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Neartown-Montrose, TX
97.3%
+0.6 pt
United States
Home offer insights for Neartown-Montrose
Explore recent offers and recently sold homes in Neartown-Montrose
Recent offers
Offer Not Accepted|
7 Weeks Ago
~$650K Offer
Sold for $650K
3bd | 3ba | ~2,500sqft
Over List Price
2%
Days on Market
18
Competing Offers
16
Offer
All Cash
Tiphani Probstfeld
Neartown-Montrose Redfin Agent
Multiple offer situation, we offered a free leaseback and some other unique terms for this seller.
Offer Not Accepted|
8 Weeks Ago
~$650K Offer
Sold for $650K
3bd | 3ba | ~2,500sqft
Over List Price
3%
Days on Market
18
Competing Offers
16
Offer
All Cash
Tiphani Probstfeld
Neartown-Montrose Redfin Agent
We made it to the top of the list (top 4), in the end, we couldn't beat the final offer chosen by a higher price and purchasing all of the sellers furniture. …
More
Offer Not Accepted|
6 Weeks Ago
~$750K Offer
Sold for $750K
3bd | 2.5ba | ~2,500sqft
Over List Price
0%
Days on Market
6
Competing Offers
2
Down Payment
~50%
Tiphani Probstfeld
Neartown-Montrose Redfin Agent
View houses in Neartown-Montrose that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Neartown-Montrose housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Neartown-Montrose.
Risk Factor
Flood Factor - Moderate
51% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Neartown-Montrose has a moderate risk of flooding. 2,554 properties in Neartown-Montrose are likely to be
severely affected
by flooding over the next 30 years. This represents 51% of all properties in Neartown-Montrose. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Neartown-Montrose has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Neartown-Montrose is most at risk from hurricanes. 10,089 properties in Neartown-Montrose have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 140 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 147 mph.
99% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Neartown-Montrose has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Neartown-Montrose have an Extreme Heat Factor®.
Neartown-Montrose is expected to see a 228% increase in the number of days over 109ºF over the next 30 years. Neartown-Montrose is expected to experience 6