Published October 19, 2026 in Market Update

Lake Conroe sales rose even with rates above 7%

By Stacey Brown

Real estate, Lake Conroe

Rates above 7% did not stop people from buying and selling here. The Real Estate Data Aggregator counted 691 homes sold across Lake Conroe in the three months ending August 31, 2026. That's up 2.1% from the same three months in 2025. Realtor.com reported that mortgage rates topped 7% for the first time since January 2025. People are still making moves.

Pending sales across Lake Conroe came in at 730, up 2.4% from a year ago, according to the Real Estate Data Aggregator. That tells you buyers are still writing contracts. The pipeline looks steady.

One thing worth noting: the Real Estate Data Aggregator shows homes for sale across Lake Conroe fell 6.6% from a year ago, to 1,304. Fewer homes on the market, and sales still rising. That combination matters if you're thinking about listing.

What the national picture adds

Fannie Mae, as reported by CNBC, forecasts the 30-year fixed rate at 7.4% in the fourth quarter of 2026 and 7.5% throughout 2027. That's the broader backdrop buyers here are working with. CNBC also reported that pending home sales nationwide were down 8.5% year over year in September, according to Zillow. Lake Conroe's 2.1% gain in sales looks different against that national picture.

Each ZIP code tells its own story

The three ZIP codes that make up the Lake Conroe market each moved differently. Here's what the Real Estate Data Aggregator found for the three months ending August 31, 2026.

ZIP 77356: more buyers, same price

The Real Estate Data Aggregator counted 270 homes sold in ZIP 77356 in the three months ending August 31, 2026. That's up 10.7% from a year ago. The median sale price held at $370,000, unchanged from 2025. Homes took a median of 72 days to sell, 3 days longer than a year ago. New listings jumped 25.8%, giving buyers more to choose from. Still, months of supply fell to 6.2, down 0.5 months from last year.

One bright spot: the share of homes going under contract within two weeks of listing rose 7.2 points to 21.2%, according to the Real Estate Data Aggregator. That means more than 1 in 5 homes in 77356 found a buyer quickly.

ZIP 77318: price dipped a little, pipeline growing

The Real Estate Data Aggregator counted 194 homes sold in ZIP 77318 in the three months ending August 31, 2026, down 2% from a year ago. 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 a year ago. That said, pending sales rose 7.8% and homes for sale grew 5.8%. More buyers are writing contracts, and more inventory is available.

ZIP 77304: tightest supply of the three

The Real Estate Data Aggregator counted 227 homes sold in ZIP 77304 in the three months ending August 31, 2026, down 3.4% from a year ago. The median sale price was $357,190, down 4.7%. Homes took a median of 74 days to sell. The standout number here is supply: just 4.2 months, down 1.6 months from a year ago. Homes for sale fell 29.2%. Less inventory, and sellers are getting 97.8% of list price on average.

What this means for you

Rates are higher. The Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. Lake Conroe is still seeing sales grow. Prices moved differently in each ZIP, and days on market stretched a little across the board. One street can read very differently from the ZIP code as a whole. If you want to know what these numbers mean for your specific home, I'm glad to take a look.