TX · Metro #5

Houston - TX housing market

The Houston metro has a typical home value of $307,772, down 2.0% from a year ago. Homes sell in 36 days on average, a balanced market. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$307,772
-2.0% vs. year ago
Median sale price
$330,090
-0.9% YoY
Median list price
$352,300
Sale-to-list ratio
97.4%
Selling below ask
Days on market
36d
Listings w/ price cut
28.9%
New listings / mo
8,962
-4.1% YoY
Homes for sale
38,487
+3.7% YoY
Typical rent
$1,654/mo
+0.1% YoY
Rent vs buy
15.5x
Context

How to read this data

The typical home value ($307,772) 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 2.0% over the past year. A home worth $314,053 last year is now worth roughly $307,772.

The median sale price, what homes actually close for, is $330,090. 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 36 days before going pending. Shorter = seller's market; longer = buyer's market.

About 28.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 8,962 new listings hit the market each month in Houston - TX. There are currently 38,487 homes for sale, up 3.7% from a year ago.

The typical monthly rent in Houston - TX is $1,654, up 0.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 15.5x, toss-up (#135 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,582 a month in principal and interest, $72 less than renting before taxes, insurance and upkeep. The two break even at a 7.10% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in TX

MetroHome value1-yr changeDays on market
Dallas - TX$364,793 -2.6% 30.0d
San Antonio - TX$279,434 -1.9% 39.0d
Austin - TX$424,339 -5.2% 48.0d
McAllen - TX$191,508 +0.0% 78.0d
El Paso - TX$233,302 +1.8% 30.0d
Killeen - TX$251,916 -1.5% 42.0d
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