Houston housing market

HAR Report: Good news was continued improvement in affordability due to year-over-year dips in mortgage rates and median prices. The monthly mortgage principal and interest payment in January 2026 was $1,561.26, assuming a 20 percent down payment on a median-priced home based on monthly interest rates as reported by Freddie Mac. In comparison, the January 2025 payment was $1,722.81. As a result, homebuyers of a median priced-home in January 2026 paid $161.55 less monthly or almost $2,000 ($1,938.56) on an annualized basis. Houston housing affordability has improved in 15 of the past 18 months.

 

Active listings of single-family homes rose 16.6 percent from a year earlier to 34,570 available properties. Housing supply expanded to 4.7 months of inventory, up from 4.2 months in January 2025. The National Association of Realtors reports a national average of 3.3 months. 

 

Houston housing market

Housing Market Overview-HAR Report

 

Sales of all property types across the Greater Houston area declined 2.2 percent year-over-year in January, with 6,045 properties sold. While there were more transactions of country homes and lots compared to last year, activity slowed across all other property types. Total dollar volume slid 1.6 percent to $2.4 billion.

 

The number of active listings of all properties was 15.7 percent above the 2025 level, with 54,589 available properties.

Houston housing market

HAR Report: 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.

 

As inventory expanded, homes averaged 66 days on the market, up from 61 days the previous year. That marked the longest average days on market since February 2020, when homes averaged 68 days.

 

“Right now, buyers have more choices and a bit more time to make decisions, while sellers are adjusting to a market that’s becoming more balanced,” said HAR Chair Theresa Hill with Compass RE Texas, LLC - Houston. “With rates expected to ease a little this year, buyers who have been waiting on the sidelines may start to feel more confident and enter the market. That should help maintain demand and create additional opportunities for sellers throughout the year.”

Houston housing market

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.

Houston Real Estate Highlights

Houston Real Estate Highlights for December/Full-Year 2025-HAR Report

  • In 2025, sales of single-family homes increased 3.8% with 88,634 units sold compared to 85,373 in 2024.

  • Total property sales for full-year 2025 were up 2.3% with 104,325 units sold while the total dollar volume increased 4.5% to $42.9 billion.

  • Single-family home sales increased 2.8% year-over-year.

  • Days on Market (DOM) for single-family homes went from 59 to 64 days.

  • The single-family median price was statistically flat at $335,000.

  • The single-family average price edged up by 0.8% to $425,535.

  • Single-family home months of inventory expanded to a 4.5-months supply, up from 4.0-months a year ago.

  • Townhome and condominium sales rose 5.5% with 422 units sold. The median price declined 4.4% to $224,500, and the average price increased 0.8% to $269,502.

  • Total property sales increased 1.2% with 8,707 units sold.

  • Total dollar volume was up 2.1% to $3.6 billion.

Houston Townhouse/condo for rent/sale

Townhome/Condominium Update-HAR Report

 

Despite a rollercoaster year for the townhome and condo market, demand picked up in December, with closings climbing 5.5 percent year-over-year. It marked the largest year-over-year increase in sales since January 2025. A total of 422 units were sold compared to 400 during the same time last year. The average price edged up by 0.8 percent to $269,502, while the median price slid 4.4 percent to $224,500.

Houston housing days in the market

HAR Report: Days on Market, or the actual time it took to sell a home, increased from 59 to 64, which is the highest since February 2020 when homes spent an average of 68 days on the market.

 

Months of inventory expanded from a 4.0-months supply last December to 4.5 months. The current national supply stands at 3.3 months, as reported by the National Association of Realtors.

 

Broken out by housing segments, single-family home sales performed as follows:

  • $1 - $99,999: decreased 5.6 percent (85 transactions)

  • $100,000 - $149,999: increased 8.0 percent (176 transactions)

  • $150,000 - $249,999: increased 9.1 percent (1,350 transactions)

  • $250,000 - $499,999: increased 0.5 percent (4,221 transactions)

  • $500,000 - $999,999: increased 13.4 percent (1,313 transactions)

  • $1M and above: decreased 0.3 percent (310 transactions)

HAR’s breakdown of existing single-family home sales shows December closings rose 8.9 percent year over year, with 4,885 homes sold versus 4,484 in December 2024. The average sales price increased 2.5 percent to $439,557, while the median price was up 1.5 percent to $330,000.