Texans had more options when shopping for homes during the first quarter of 2025, according to Texas REALTORS’® first Quarterly Housing Report of the year. That boost pushed the state into balanced market status, the association said.

Active listings increased an average of 30.7% across all markets in Texas.

In Houston, meanwhile, active listings increased 38% year over year, with 33,374 properties on the market. That was the largest annual jump of any major market in the state.

Sales decreased statewide, however. Closings fell 1.5% year over year, with 70,944 homes sold statewide during January, February and March.

“Buyers had more opportunities and a little more breathing room to consider their options in the first months of this year compared to last year,” Christy Gessler, chairman of Texas REALTORS®, said in a press release. “But prices and sales did not shift much in either direction in most Texas markets.”

The median home price rose in 18 markets across the state and fell in eight. Days on market, meanwhile, increased in 23 markets and declined in three.

In Houston, the median price rose 1.4% to $330,000, while days on market increased to 93 — three days more than in the first quarter of 2024.

Given the rate of sales, Texas had a 4.8-month inventory in the first quarter, up from 3.7 months a year prior. That’s a good indicator of a balanced market, where neither sellers nor buyers have the upper hand.

Inventory was slightly lower in Houston, at 4.6 months, although that level was up 1.2 months year over year.