The New Caney-Porter real estate market saw 223 home sales in May, according to market data provided by Homeward, and has 3.9 months of inventory currently available—the highest since 2007—Realtor Deborah Rose Miller said.

Compared to the Greater Houston average of 5.2 months—meaning there are enough homes to meet the demand for 5.2 months—Miller said she believes the New Caney-Porter area is in a good situation.

“Porter-New Caney is a destination these days, [and] as good as it is, it’s going to keep getting better with all of the plans,” Miller said. “We've got lots of great things happening to the area.”
As a whole, Montgomery County saw around 1,400 home sales in both May 2023 and 2024, according to the Texas A&M Real Estate Research Center. As of the latest data available from the organization, there were 1,200 home sales in April 2025.

Also of note

Miller said a common myth among homebuyers is waiting for interest rates to drop before purchasing. Since January 2020, the 30-year fixed mortgage interest rate has risen roughly 3 percentage points to more than 6.7%, according to Freddie Mac’s Primary Mortgage Market Survey.


“It’s not usually in the buyer’s best interest to wait around for the interest rates to be more affordable,” Miller said.

When interest rates do drop, housing gets more competitive and prices rise, Miller said.
The median price of homes sold rose more than 25% year-over-year in Montgomery County from May 2020 to May 2025, data from the Texas A&M Real Estate Research Center shows. According to the Houston Association of Realtors’ Q1 2025 Housing and Rental Affordability Report, 48% of Montgomery County residents made enough money to purchase a median-priced home.

“Affordability is going to be an ongoing issue and concern in Texas,” Miller said.