Houston Housing Market Overview – October 2025
The Greater Houston housing market continued its steady climb in October, marking six consecutive months of year-over-year growth.
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Total property sales: 8,768 units (+1.6% YoY)
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Total dollar volume: Over $3.5 billion (+1.9% YoY)
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Active listings: 59,903 properties, up 23% YoY
- Multi-family properties: Led growth with +32.8% in sales
Compared to national trends, Houston outperforms the U.S. market, where overall home sales remain below pre-pandemic levels. Houston’s local sales now exceed 2019 volumes by 3.2%, signaling a full recovery and steady growth.
Single-Family Home Snapshot
Single-Family Home Sales – October 2025:
- Sales: 7,419 homes sold (+3.2% YoY)
- Pending sales: Up 13.1%, suggesting sustained buyer demand
Average & Median Single-Family Home Prices – October 2025:
- Median price: $330,000 (–1.5% YoY)
- Average price: $423,955 (flat year-over-year)
- Price per sq. ft.: $175, slightly below last year’s $177
- Days on Market: 59 days, up from 52 in 2024
- Inventory: 5.2 months, higher than the national average of 4.6
Affordability improves:
With 30-year mortgage rates dropping from 6.43% to 6.25% and prices stabilizing, the typical Houston homebuyer saves about $55/month — or $661 annually — compared to last year.
Market Performance by Price Range
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$1–$99K: +2.2% (95 sales)
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$100K–$149K: +27.0% (193 sales)
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$150K–$249K: +9.1% (1,478 sales)
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$250K–$499K: Unchanged (4,047 sales)
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$500K–$999K: +3.1% (1,277 sales)
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$1M+: +10.8% (329 sales)
What this means:
The strongest gains were seen in affordable and luxury segments, showing broad-based demand across income levels.
Existing Home Market
- Closings: 5,103 (+1.2% YoY)
- Average price: $434,555 (+1.5% YoY)
- Median price: $330,000 (flat)
Houston’s existing-home sector remains stable, with steady prices and consistent sales growth through fall.
Key Takeaways for Buyers and Sellers
For Buyers:
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Softer prices and lower mortgage rates are improving affordability.
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Increased inventory gives you more negotiating power and more time to decide.
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Monthly payments are trending downward — an ideal window to reenter the market.
For Sellers:
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Sales growth remains steady, but buyers now have more choices.
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With the list-to-sale price ratio at 92.6% (lowest since 2001), pricing competitively is crucial.
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Well-presented, fairly priced homes still move quickly.
Takeaway:
Houston’s real estate market is transitioning from a seller’s frenzy to a balanced market, benefiting both sides with stability and predictability.
