77384, Conroe, TX

The Conroe, TX 77384 zip code has a population of around 134,000 people and is located in Montgomery County. The median home value in the Conroe, TX 77384 zip code is $234,000 which is significantly higher than the national median home value of $161,500. The percentage of homes in the Conroe, TX 77384 zip code that are owner-occupied is significantly higher than the national average of 63%. Additionally, the percentage of homes in the Conroe, TX 77384 zip code that are renter-occupied is also significantly higher than the national average of 34%.

The reason for this high homeowner occupancy rate and high renter occupancy rate in the Conroe, TX 77384 zip code likely has to do with its relatively low cost of living. The cost of housing in Conroe, TX 77384 is much lower than many other areas across America and this likely contributes to its high homeownership rate. Additionally, many people who live in Conroe likely have long-term commitments to live there which also contributes to its high homeowner occupancy rate.

Despite these positive factors however there are some potential downside risks associated with owning a home in the Conroe, TX 77384 zip code. One potential downside risk is that if interest rates increase then it could become more expensive for people to borrow money to buy a home and this could lead to a decrease in homeownership rates within the Conroe area. Another potential downside risk is that if there are any major economic downturns within America then it could become more difficult for people who own homes within the Conreau area to keep their properties as they may be unable to sell them at a fair price.