Houston Real Estate Market

As of June 2026, the median home listed in Houston, TX asks $362,265 — down 3.4% from a year ago. Homes are taking a median of 50 days to go under contract, and 20% of the 34,721 active listings have taken a price cut, which points to a balanced market. Based on public records and industry data, updated monthly.

Houston scores 56/100 on our composite Investor Score (#330 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 37% over five years and +71% over ten, leaving prices 20% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,558/mo for a two-bedroom, the gross rental yield on the median listing is about 5.2%; active inventory sits at 114% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 3.4% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Recent headlines indicate falling home prices in Texas and Lake Houston, alongside high rates of sellers pulling homes off the market. — AI-generated summary of the headlines above; read the linked coverage before relying on it.