HOUSTON — (February 11, 2026) HAR report — The Houston housing market kicked off the new year with familiar signs of adjustment, as inventory expanded, homes spent more time on the market and demand remained steady.
According to the Houston Association of Realtors' January 2026 Housing Market Update, single-family home sales declined 1.0 percent from a year earlier, with 4,999 homes sold compared to 5,047 in January 2025, marking the fewest transactions recorded since January 2023. Pending sales rose 8.5 percent year-over-year, signaling continued buyer interest.
Home prices were mixed during January. The median home price edged down to $322,045, its lowest level since January 2024, when it stood at $320,000. The average price rose 2.8 percent to $416,722, driven largely by more activity in the luxury market.
The luxury segment – comprised of homes priced at $1 million and above and representing just 4.2 percent of all homes on the market – was the strongest-performing sector, with transactions up 15.5 percent year-over-year. Activity slowed in the $250,000 to $499,999 price range, which accounted for more than half of all home sales in January.