Texas housing market data: median home price, year-over-year appreciation, inventory, months of supply, days on market, affordability, and what it means for l
Texas is currently a balanced market. The median sale price sits near $341,000, down 0.7% from a year ago, with roughly 42,484 active listings and 4.1 months of supply. Homes are going under contract in about 50 days on average.
Texas's median sale price of $341,000 is 18.7% below the $419,300 national median, which places it 31 of 51 states by price level. Year-over-year appreciation of -0.7% ranks 50 of 51, so Texas is currently a slower-appreciating state relative to the rest of the country.
Inside the South region, the median state price is $289,500, so Texas runs 17.8% richer than its regional peers — the closest comparisons are Virginia at $419,000, Florida at $412,000, North Carolina at $372,000, Tennessee at $372,000. That gap matters for loan sizing: at the same rate, a Texas file carries roughly $51,500 more balance than the regional median, which changes qualifying income and the value of a rate-and-term option.
Texas statewide numbers hide real spread across its metros. This report tracks 4 Texas metros: Dallas–Fort Worth, TX ($391,000, -1.2% YoY); Houston, TX ($342,000, -0.4% YoY); Austin, TX ($442,000, -3.1% YoY); San Antonio, TX ($301,000, -1.6% YoY). Price a file off the metro your borrower is actually buying in, not the state average.
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Texas is currently a balanced market. The median sale price sits near $341,000, down 0.7% from a year ago, with roughly 42,484 active listings and 4.1 months of supply. Homes are going under contract in about 50 days on average.
Affordability remains the binding constraint. At the current national average 30-year fixed rate near 6.42%, the typical payment on a median-priced home in Texas runs about $2,310 per month including taxes and insurance, against a median rent near $1,629. That gap is what determines whether purchase conversations in this market start with payment, with price, or with a buydown structure.
Supply is close to balance, with price reductions on about 25% of active listings. Builder incentives are selective, and permits are running near 33,641 annualized units.
For originators, the practical read is this: buyers have negotiating room again, so seller-paid temporary buydowns and closing cost credits are the highest-leverage tools in your kit.
Texas currently reads as a balanced market with 4.1 months of supply. Balanced is generally considered four to six months, so this market is close to balance.
The median sale price is approximately $341,000 as of 7/24/2026, down 0.7% from a year earlier.
Yes. Median prices are down about 0.7% year over year as inventory has rebuilt and price reductions have become common.
The typical down payment on a closed transaction is near $39,310, and the resulting payment at the current national average 30-year fixed rate is roughly $2,310 per month including taxes and insurance. Low-down-payment FHA, VA, and conventional 3% options can materially reduce the cash required.
Our directional 12-month range is -2.3% to +1.1% on median price. Confidence is moderate; the rate path is the dominant variable.
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