Houston housing market

HAR Report: “While some of the August numbers for the Houston housing market were in negative territory, they are part of a gradual return to normalcy from pandemic-era trends that were unsustainable,” said HAR Chair Cathy Treviño with LPT, Realty. “We are working our way back to a better place with resale housing while continuing to see strong activity in the rental market.” 

 

Single-family home prices continue to stabilize. The average price edged up just 2.5 percent to $420,124 while the median price was statistically flat at $339,000. Those figures are well below the record highs of $438,350 (average) in May 2022 and $354,000 (median) in June 2022.