The Neartown-Montrose housing market is somewhat competitive. The median sale price of a home in Neartown-Montrose was $585K last month, up .0% since last year. The median sale price per square foot in Neartown-Montrose is $272, up 6.5% since last year.
What is the housing market like in Neartown-Montrose today?
In March 2024, Neartown-Montrose home prices were up .0% compared to last year, selling for a median price of $585K. On average, homes in Neartown-Montrose sell after 47 days on the market compared to 64 days last year. There were 105 homes sold in March this year, down from 127 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$585,000
0.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Neartown-Montrose, TX
$585,000
0.0%
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 35.5 days.
0
100
47
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 36 days.
Hot homes
can sell for around list price and go pending in around 7 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Wilson Montessori
Public • PreK-8
602
Students
14 reviews
8/10
Wharton Dual Language Academy
Public • PreK-8
511
Students
18 reviews
7/10
Arabic Immersion Magnet School
Public • PreK-5 • Choice school
346
Students
12 reviews
6/10
Gregory-Lincoln Education Center
Public • PreK-8
741
Students
11 reviews
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