Market Report
Houston housing market report, fall 2026
The Houston Association of REALTORS® reported cooler activity in September 2026 as mortgage rates rose1.
The numbers
Houston market snapshot
The Houston Association of REALTORS® reported cooler activity in September 2026 as mortgage rates rose1.
| Home sales (Sept. 2026) | 7,030, down 5.7%1 |
|---|---|
| Median price (Sept. 2026) | $325,000, steady1 |
| Average price (Sept. 2026) | $421,311, up 0.7%1 |
| Single-family median (Aug. 2026) | $330,000, down 1.5%2 |
| Single-family inventory (Aug. 2026) | 5.3 months2 |
| Active listings (Aug. 2026) | 38,9472 |
Prices are steady while sales slow, so buyers have options and sellers need sharp pricing. Flood history and MUD taxes still drive value by neighborhood.
The numbers
Pending sales and inventory
Pending sales fell 11.6% year over year to 6,789 in September 2026, which points to slower closings ahead. Active listings rose 6.3% to 40,192, a 5.5-month inventory, up 0.4 months from a year earlier1.
The numbers
Existing homes, townhomes and condos
Existing-home sales (excluding new construction) were steady at 5,062, with the median steady at $325,000 and the average down 1.1% to $427,1101. Townhome and condo sales fell 21% to 323, the median dropped 9.1% to $209,000, and inventory reached 9.3 months1.
The numbers
Mortgage rates
The average 30-year mortgage rate reached 7.03% in the last week of September and 7.4% by the second week of October, per Freddie Mac figures reported with HAR's update1. Get a current quote before you shop.
Quick Answers
Houston housing market report, fall 2026: questions answered
Where do the Houston housing market numbers come from?
Each figure on this page links to its published source and access date. Numbers change monthly, so check the source for the latest release.
Who can help me buy or sell a home in Houston, TX?
Nancy “Peaches” Brown, a realtor with LoKation Real Estate, helps buyers and sellers in Houston, TX and the greater Houston area. Use the contact page to send a request and she will reply to set a time.
Are Houston home prices dropping?
Not overall. The median was steady at $325,000 in September 2026 and the average rose 0.7%, but the townhome and condo median fell 9.1%1.
How much inventory is on the Houston market?
About 5.5 months in September 2026, with 40,192 active listings1.
Is Houston a buyer's market right now?
Rising inventory and slower sales give buyers more choice and time than a year ago1. Conditions still vary by neighborhood and price range.
Keep Exploring
More for Houston
Sources
Where these facts come from
Figures change. Verify details for a specific address with the official source before you decide.
- HAR: Housing market activity cools in Houston (September 2026), Houston Agent Magazine, reporting HAR data (accessed 2026-10-15).
- Monthly Housing Update and MLS Sales Activity, Houston Association of REALTORS® (accessed 2026-10-15).