Houston - TX housing market
The Houston metro has a typical home value of $308,933, down 2.1% from a year ago. Homes sell in 33 days on average, a balanced market. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($308,933) is the Zillow Home Value Index for the Houston - TX metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 2.1% over the past year. A home worth $315,560 last year is now worth roughly $308,933.
The median sale price , what homes actually close for , is $330,091. Homes are selling at 97.4% of list price, meaning buyers have room to negotiate.
Homes listed in Houston - TX sit on the market for roughly 33 days before going pending. Shorter = seller's market; longer = buyer's market.
About 27.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 9,154 new listings hit the market each month in Houston - TX. There are currently 37,633 homes for sale, up 5.4% from a year ago.
The typical monthly rent in Houston - TX is $1,648, up 0.0% year over year. For investors, the price-to-rent ratio here is roughly 16x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in TX
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Dallas - TX | $366,701 | -3.0% | 25.0d |
| San Antonio - TX | $280,370 | -1.9% | 37.0d |
| Austin - TX | $426,944 | -5.7% | 45.0d |
| McAllen - TX | $194,546 | +0.4% | 83.0d |
| El Paso - TX | $233,297 | +1.7% | 30.0d |
| Killeen - TX | $252,444 | -1.3% | 38.0d |