Tomball - Magnolia Edition | July 2025

Real estate

BY LIZZY SPANGLER

Home Edition

2025

Readers, welcome to your annual CI Home Edition! This guide features news ranging from key real estate trends and new developments unique to your neighborhood to insights on the housing market. All of the stories were written by our team of local journalists, and all of the advertisements are from nearby businesses who support our mission to provide free, useful news—show them your gratitude by supporting local businesses. In this edition, we look at year-over-year changes in the real estate market, including the changes in local home sales and prices. We also dive into Habitat for Humanity Montgomery County’s neighborhoods that are underway. Additionally, read on to learn about new property tax legislation and recommendations for pool safety.

Premium sponsor:

Chrissy Leggett General Manager cleggett@ communityimpact.com

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What's inside

Learn about the housing market in Harris County (Page 20)

See how voters can weigh in on property tax cuts (Page 23)

Read about how local home sales changed year over year (Page 27)

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During the first three months of 2025, 29% of Harris County households made the minimum qualifying income to be able to afford a median-priced home in Tomball, per the Houston Association of Realtors’ Q1 Housing and Rental Affordability Report released May 8. In Montgomery County, 47% of households in the county could afford a median-priced home in Magnolia. In the first quarter of 2025, the median home prices in the Tomball and Magnolia areas were $392,000 and $318,000, respectively, according to the report. 29% of county households can buy in Tomball

Zooming out

Housing affordability, Q1 2025

Median home price Median qualifying income Percent change from Q1 2024 to Q1 2025

In the Greater Houston area, 40% of Houston-area households could afford to buy a median-priced home in the first quarter of 2025, according to the report. The median price of a home in the Houston area was $337,400, and households needed to make $95,200 to be able to afford that. Statewide, 40% of households could afford a median-priced home, with households needing to make $94,400 a year to purchase a $334,900 house, according to the report. “What we’ve seen in the early part of 2025 shows a degree of stability in the Houston housing market, which is encouraging news for prospective homebuyers,” HAR Chair Shae Cottar said via news release. “However, with ongoing economic uncertainty, some people are exercising greater caution in their purchasing decisions, including when it comes to buying a home.”

Houston metro

+1.7% +0.98%

$337,400

$95,200

Harris County

+0.4% +0.96%

$325,000

$100,400

Montgomery County

-2.8% -1.25%

$316,000

$96,800

Tomball

+3.6% +9%

$392,000

$116,400

Magnolia

+2.6% +0.8%

$318,000

$97,600

SOURCE: HOUSTON ASSOCIATION OF REALTORS’ Q1 HOUSING AND RENTAL AFFORDABILITY REPORT/COMMUNITY IMPACT

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TOMBALL - MAGNOLIA EDITION

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