Houston Housing Market Update
July 2026 Housing Market Report
Houston's July numbers are in, and there's good news for both buyers and sellers this month. Inventory reached an all-time high, yet buyers stayed active and the market held a healthy, steady pace. Here's what the latest data from the Houston Association of REALTORS® means for you.
Key Market Indicators — Single-Family Homes
8,340
▲ 1.6% YoY
Homes Sold
40,750
▲ 3.4% YoY
Active Listings (Record High)
$340,000
▲ 0.6% YoY
Median Price
$440,816
▲ 1.9% YoY
Average Price
6.54%
▼ from 6.72%
Avg. 30-Yr Mortgage Rate
53 Days
▲ from 50 days
Days on Market
Pending sales climbed 2.6% to 8,215, signaling buyers remain engaged despite a growing selection of homes. Months of inventory rose to 5.5 — still tighter than the national 4.6-month supply reported by NAR. Total property sales across all types held flat at 9,669 units, while total dollar volume rose 3.4% to $4.1 billion.
Single-Family vs. Townhome/Condo
| Metric | Single-Family | Townhome/Condo |
|---|---|---|
| Sales Volume | 8,340 (▲ 1.6%) | 425 (▼ 9.0%) |
| Average Price | $440,816 (▲ 1.9%) | $260,987 (▼ 2.4%) |
| Median Price | $340,000 (▲ 0.6%) | $211,000 (▼ 3.7%) |
| Active Listings | 40,750 (▲ 3.4%) | 3,631 (▲ 4.6%) |
| Months of Inventory | 5.5 months | 9.1 months |
Affordability Trend
Months improved year-over-year, last 24 months
Houston homebuyers have seen affordability improve more consistently than the country as a whole — a trend worth factoring into any buy-vs-wait conversation.
Houston buyers have more choice than ever, and affordability keeps improving — Houston has outpaced the national trend, improving in 21 of the last 24 months compared to 15 nationally. For sellers, pricing and presentation matter more in a market with record inventory. For buyers, this window of selection and softer rates is worth taking seriously.
Wondering what this means for your move?
Whether you're weighing a sale in a higher-inventory market or exploring what today's rates mean for your buying power, I'm happy to walk through the numbers with you.
Call or text 713.928.0282, or reach out anytime at www.realestatewithhope.com
Source: Houston Association of REALTORS®, July 2026 Housing Market Update, released August 12, 2026. General market information only; not a guarantee of future performance.