HAR Report: “Each passing month has moved the Houston housing market closer to what we consider normal, with seasonal influences, but consumers are still understandably taking a cautious approach to the homebuying process, and many are ultimately choosing to rent,” said HAR Chair Cathy Treviño with LPT, Realty.
Single-family home prices continue to stabilize. The average price edged up just 0.6 percent to $428,140 while the median price fell 2.3 percent to $340,000. That keeps pricing below the record highs of $438,350 (average) in May 2022 and $354,000 (median) in June 2022.