Houston Housing Market Overview – September 2025
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Sales up again: Total property sales rose 5% year-over-year, with 8,686 properties sold across Greater Houston.
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Dollar volume: Over $3.5 billion in total transactions, up 6.8% from last year.
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Inventory growth: Active listings climbed 24.7% to 59,876 units, providing more options for buyers and a more balanced market.
What it means:
Buyer demand remains solid, but growing inventory is easing the market slightly — a sign of stability after several years of swings.
Single-Family Home Snapshot
Single-Family Home Sales – August 2025:
- Sales activity:
- 7,399 single-family homes sold (+5.3% YoY)
- Pending sales up 11.2%, reflecting continued strong demand
Average & Median Single-Family Home Prices – August 2025:
- Pricing trends:
- Median price: $327,000 (–2.1% YoY)
- Average price: $421,655 (+2.0% YoY)
- Price per sq. ft.: $175 (slightly below 2024’s $177)
- List-to-sale ratio: 93%, lowest since early 2023
Affordability note:
Lower mortgage rates and softer prices reduced the median buyer’s monthly payment to $1,627, about $140–$180 less than earlier this year — improving affordability.
Inventory and Market Balance
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Active listings: 38,552 single-family homes (+28.5% YoY)
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Months of inventory: 5.2 months, higher than the national average of 4.6 months
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Days on market: 55 days (up slightly from 52)
What this means:
Houston’s market continues shifting toward balance. Buyers have more leverage, while sellers must compete strategically as homes stay listed longer.
Market Performance by Price Range
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$1–$99K: +20.2% (107 sales)
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$100K–$149K: +35.9% (178 sales)
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$150K–$249K: +25.1% (1,484 sales)
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$250K–$499K: –1.3% (4,113 sales)
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$500K–$999K: +3.7% (1,182 sales)
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$1M+: +27.3% (331 sales)
Entry-level and luxury markets are leading the charge, while mid-range homes saw a minor dip.
Existing Home Sales
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Existing single-family closings: 5,157, up 8.4% YoY
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Average price: $434,349 (+1.2% YoY)
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Median price: $325,000 (–2.8% YoY)
Takeaway:
Existing homes remain popular among buyers seeking established neighborhoods and move-in-ready options.
Key Takeaways for Buyers and Sellers
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For Buyers:
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Falling rates and stable prices mean more affordability and selection.
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With higher inventory, you can take your time to find the right home — and negotiate confidently.
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For Sellers:
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Market activity is healthy, but competition is rising.
Homes priced and presented well continue to move; overpricing may lead to longer market times.
