77316 — Montgomery County, Texas Market Snapshot
Housing market data for zip code 77316 in Montgomery County, Texas. Updated monthly with median prices, days on market, and more.
Market Sales Data
522 sales in 2026 (year to date)
Median Sale Price
$368,995
Days to Sell
96
Homes Sold
522
Inventory
692
Sale-to-List
94.1%
New Listings
691
Price/SqFt
$162
Pending Sales
579
Conforming Loan Available
Most homebuyers in 77316 can comfortably use conventional financing. The median home price of $368,995 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 96 days on average, 77316 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 77316 sells for 5.9% below asking price (94.1% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 77316 can comfortably use conventional financing. The median home price of $368,995 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 77316 are set at the county level.
2026 Loan Limits — Montgomery County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 77316
To purchase the median home at $368,995 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,977.
Monthly Payment
$2,977
Income Required
$127,591
Principal & Interest
$2,274/mo
Down Payment (5%)
$18,450
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 77316.
Estimated Monthly Payment
$2,434
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