Published October 12, 2026 in Market Update

Lake Conroe buyers kept moving even with rates above 7%

By Stacey Brown

Real estate, Lake Conroe

CNBC reported the average 30-year fixed rate reached 7.49% the week of October 7, 2026. Realtor.com said rates topped 7% for the first time since January 2025. That is a real headwind for buyers. Even so, people kept moving here.

The Real Estate Data Aggregator counted 691 homes sold across Lake Conroe in the three months ending August 31, 2026. That is up 2.1% from the same months in 2025. Demand did not stop. It kept pace even as borrowing costs rose.

The 730 pending sales, up 2.4%, tell a similar story. Buyers are still writing contracts. That number points forward, so it matters if you are thinking about listing soon.

Inventory shrank a little. The Real Estate Data Aggregator counted 1,304 homes for sale across Lake Conroe, down 6.6% from a year before. Fewer choices for buyers can help sellers who price well.

How each ZIP code read

The three ZIP codes that make up this market each told a slightly different story. Here is what the Real Estate Data Aggregator counted for the three months ending August 31, 2026.

ZIP 77356: more sales, faster contracts

The Real Estate Data Aggregator counted 270 homes sold in 77356, up 10.7% from a year before. That is the strongest sales gain of the three ZIP codes. The median sale price held at $370,000, unchanged from 2025.

One number here stands out. The share of homes that went under contract within two weeks of listing reached 21.2% in 77356, up 7.2 points from a year before. More than 1 in 5 homes found a buyer fast. That is a meaningful shift.

ZIP 77318: pending sales climbed while inventory rose

In 77318, the Real Estate Data Aggregator counted 194 homes sold, down 2% from a year before. The median sale price came in at $329,995, down 2.4%. Homes took a median of 85 days to sell, 11 days longer than last year.

The forward-looking number is more encouraging. Pending sales in 77318 reached 208, up 7.8% from a year before. Buyers are still active. The sale-to-list ratio held at 97.3%, and 8.8% of homes sold above list price.

ZIP 77304: tightest supply of the three

The Real Estate Data Aggregator counted 227 homes sold in 77304, down 3.4% from a year before. The median sale price was $357,190, down 4.7%. Those are modest dips, not a collapse.

What stands out in 77304 is supply. Homes for sale fell 29.2% from a year before, to 313. Months of supply dropped 1.6 months to 4.2. That is the tightest reading of any ZIP code here. The sale-to-list ratio reached 97.8%, the highest of the three.

What the national picture adds

CNBC reported that applications to purchase a home declined 2% for the week ending October 7, 2026. That is a national number. Lake Conroe's own pending sales moved in the opposite direction, up 2.4%.

The Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. That is a national figure, not this market's. Your home's number depends on its ZIP code and street.