The statewide median home price in Texas dropped 0.4% year over year to $333,628 in the third quarter, according to the latest data from Texas REALTORS®. Prices also decreased in the state’s four major metros — but increased in 15 of the state’s 26 markets, the association said.
In Dallas, Houston, San Antonio and Austin, prices decreased annually by 1.1%, 1.2%, 1% and 1.2%, respectively. Big price increases, however, were seen in Abilene (up 22% year over year), Texarkana (up 13.3%) and Beaumont-Port Arthur (up 10.7%).
“Even though the Texas median went down a little, in most of our metros, prices went up. So, one number isn’t the whole story,” Jennifer Wauhob, chairman of Texas REALTORS®, said in a press release. “It’s a bit like a weather report: The statewide temperature can’t tell you how hot it is at your house.”
A majority of the state’s home sales — 27.8% — fell in the $200,000 to $299,999 price range, followed by 23.7% in the $300,000 to $499,999 range and 13.7% in the $500,000 to $749,999 range.
Looking at other market statistics, Texas’ closed home sales decreased 2.4% year over year in the third quarter to 87,862. Sales increased most in Odessa (up 26.6%) and decreased most in Corpus Christi (down 12.1%).
Meanwhile, active listings rose 2.8%, with 154,788 homes on the market. The metro with the greatest annual increase in active listings was College Station-Bryan, up 38.3%, and the metro with the greatest decrease was Wichita Falls, down 20.2%.
The typical home sold in 99 days, up two days from the third quarter of 2025. Given the pace of the market, the state had a 5.5-month inventory, up from 5.4 months a year ago.
Houston
No Texas metro had more homes on the market than Houston, which had 40,879 properties for sale in the third quarter. That quantity was up 7.2% year over year.
The metro’s median home price declined 1.2% year over year to $330,990, with a majority of sales (30.3%) falling in the $200,000 to $299,999 price range, followed by 25% in the $300,000 to $399,999 range — closely mirroring statewide price trends.
Closed home sales decreased 5.6% to 22,357 in Houston, while homes typically stayed on the market for 88 days, two days more than a year ago. Given the rate of sales, the metro had a 5.6-month inventory, up from 5.2 months in the third quarter of 2025.