Houston's market is shifting toward buyers. Inventory is up, prices are steady, and homes are sitting longer. Here are the 5 numbers that matter most this October:
Median price holds at $325,000
Inventory sits at 5.5 months
Homes take 58 days to sell
Mortgage rates are easing down
Suburban new construction keeps pricing honest
1. Median price holds at $325,000
The median single-family home in Greater Houston sits at $325,000 per the Houston Association of REALTORS® September report (HAR). Prices are steady, not falling — a modest single-digit appreciation pace expected to hold through 2026 (HAR).
What it means: buyers get stability, sellers get a fair price. No wild swings either way.
2. Inventory sits at 5.5 months
Houston carries 5.5 months of housing inventory — about 40,192 active listings (HAR). That's a balanced market, no longer the seller's paradise of recent years.
Best for: buyers who want choices without a bidding war.
What it means: sellers face more competition and need sharp pricing to stand out.
3. Homes take 58 days to sell
The average Houston home now spends 58 days on market (HAR). Gone are the weeks-long bidding wars.
What it means: buyers get time to inspect and negotiate. Sellers should plan for a longer timeline and price realistically on day one.
4. Mortgage rates are easing down
After a run of higher rates, experts predict mortgage rates will keep their gradual downward trend in 2026, with affordability improving and more first-time buyers stepping in (HAR).
What it means: every fractional rate drop cuts your monthly payment and widens your buying power.
5. Suburban new construction keeps pricing honest
Builders in Katy, Cypress, and The Woodlands still offer incentives like rate buydowns and upgrades, keeping new homes competitive with resale (HAR).
What it means: resale sellers must price against attractive new-build options or watch buyers walk.
What's your biggest question about buying or selling a home in today's market? Drop it in the comments — I'm happy to help.
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