Houston, TX
Housing market overview · Updated weekly
$341,000median sale price
Homes sold
1,216
Last 12 weeks
Days on market
74
Average pace
Active listings
8,073
6.6 months supply
Sale-to-list
96.4%
Below asking
The Houston housing market is currently classified as a buyer's market with a median sale price of $341,000. Prices have fallen 0.3% compared to last year, with homes spending an average of 74 days on market, indicating 6.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Houston?
The median home sale price in Houston is $341,000, down 0.3% from last year.
How long do homes stay on market in Houston?
Homes typically spend 74 days on market before going under contract.
Is Houston a buyer's or seller's market?
With 6.6 months of supply, Houston is currently a buyer's market.
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