Texas homebuyers experienced a balanced market in the first half of 2025 as more sellers listed their homes for sale, according to the Q2 Texas Quarterly Housing Report from Texas REALTORS®.
Statewide, the median home price decreased 1.4% year over year to $340,000. Amid that increased affordability, closed home sales also increased 1.4% year over year with 95,264 closings.
Closings increased 4% in Houston, with 25,395 homes sold.
Active inventory also jumped 27.8% statewide. The typical listing, meanwhile, stayed on the market for 61 days — six days longer than a year prior.
Given the rate of sales, Texas had a 5.7-month inventory, up from 4.5 months during the second quarter of 2024. That housing supply is typical of a much more balanced real estate market, meaning sellers don’t have the advantage they’ve had in recent years.
“[Sellers] need to be strategic about their home’s price and condition, because buyers will move on to the next house if the property needs work or is priced too high,” said Christy Gessler, president of Texas REALTORS®.