Greater Houston Market Summary
Total Property Sales
8,362
Total Dollar Volume
$3.5B
Total Active Listings
60,390
Single-Family Market Core
Aug '25: 8,022 closings
Aug '25: 7,540 — the forward signal on this page. Pending contracts become closings in the next 30–90 days.
Average Sales Price
$426,760
Aug '25: $421,863
Median Sales Price
$330,000
Aug '25: $335,000
Alfred's read: the average climbed while the median slipped — average +1.2%, median -1.5%. Even with the 30-year rate ticking up to 6.67%, that $5,000 drop in the median actually left the typical monthly payment a little lower than a year ago. Judge your equity off the median and your subdivision, not the headline average.
Days on Market
Homes are averaging 54 days on market, up from 52 a year ago. Two extra days sounds like nothing — paired with elevated inventory, it's the gap between one clean offer and a price cut. Pricing and pre-listing condition carry the whole outcome now.
Months of Inventory
Houston single-family supply held flat at 5.3 months, unchanged from a year ago, while active single-family listings reached 38,947. Nationally the figure is 4.6 months, according to the National Association of Realtors®. More standing supply than the country means the buyer here has options and the seller here needs a strategy.
30-Year Fixed Rate
Freddie Mac's average 30-year fixed rate rose to 6.67% in August, up from 6.59% a year earlier. Even so, the $5,000 drop in Houston's median price nudged the typical monthly principal-and-interest payment slightly lower than August 2025 — part of an affordability trend that's improved year-over-year in 22 of the past 25 months, outpacing the national trend of 15 of the past 24.
Third-party figure, illustrative only — not a quote, offer, or guarantee. Metro Realty Partners is not a lender.
Where the Market Actually Moved
"The Houston market" isn't one market. August's single-family sales by price band — entry-level under $100K was the only band to grow, while every band from $150K up through $1M cooled.
Alfred's read: the $250K–$1M band is where most of Spring, Tomball, Cypress and The Woodlands live — and in August it cooled the hardest: down 13.7% from $250K–$500K and down 16.5% from $500K–$1M. Only the entry-level under-$100K band grew (+11.1%), while luxury over $1M eased just 2.1%. If you're selling in the middle of the market, this is the first month in a while where the pullback wasn't limited to one price point — it showed up across the board. That makes accurate pricing and pre-listing condition the whole game right now.
Townhouse & Condominium Activity
Units Sold
405 Unchanged YoY
Median Price
$195,000 -7.1% YoY ↓
Average Price
$245,692 -1.5% YoY ↓
Active Listings
3,504 +3.1% YoY ↑
Months of inventory rose from 8.1 to 8.8, and pending sales fell 8.0% (439 → 404) — attached product keeps loosening on nearly every axis. If you own a townhome or condo, this is the month to price against today's market, not last year's comp.
August 2026 at a Glance
Single-family home sales -11.5%
Pending sales 7,939 (vs 7,540 a year ago)
Days on market 52 → 54 days
Single-family median price -1.5% to $330,000
Single-family average price +1.2% to $426,760
Single-family inventory 5.3 months (flat), 38,947 active listings
Total property sales -10.2% to 8,362 units
Total dollar volume -8.8% to $3.5B
All figures are Greater Houston, single-family unless noted, reported by the Houston Association of Realtors® for August 2026 (released September 9, 2026). Mortgage rate data via Freddie Mac; national inventory via the National Association of Realtors®. Metro Realty Partners reports these third-party figures for information only.