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Houston Housing Market Update – August 2025

Houston Housing Market Update – August 2025

Houston Housing Market Overview – August 2025

The Greater Houston housing market showed solid growth in August 2025, creating opportunities for buyers and sellers.

  • Overall property sales rose 9.2% year-over-year

  • Total dollar volume increased 10.9% to more than $3.8B

  • Active listings reached 60,525 properties, up 26.1% from August 2024

Takeaway: More listings give buyers additional choices, while sellers benefit from steady demand.

 

Single-Family Home Trends

Home Sales

Single-family sales grew 11.9% year-over-year — the strongest gain of 2025 so far. Pending sales also climbed 10.1%, signaling solid momentum heading into fall.

Single-Family Home Sales – August 2025:
8,138 homes sold, up 11.9% YOY

8,138 homes were sold in August 2025, maintaining a steady pace despite growing inventory.

Home Prices

  • Average price: $422,703 (flat vs. 2024)

  • Median price: $335,000 (unchanged)

  • Price per square foot: $177

Average & Median Single-Family Home Prices – August 2025:
Median $335,000, Average $422,703.

Median home price held at $335,000, while the average was $422,703 — signaling a balanced market.

Inventory and Days on Market

  • Months of inventory rose to 5.4 (from 4.4)

  • Days on Market increased from 47 to 52

What it means: Buyers have more leverage; sellers should focus on competitive pricing.

 

Segment Performance

Price Range YOY Sales Change
$1 – $99,999 +20.7%
$100K – $149,999 +12.7%
$150K – $249,999 +21.2%
$250K – $499,999 +6.4%
$500K – $999,999 +14.8%
$1M+ +12.9%

Existing single-family closings rose 9.7%. Average price climbed 2.5% to $437,981, while the median price increased 1.8% to $340,000.

 

Key Takeaways for Buyers and Sellers

  • Buyers: Higher inventory and steady prices create a strong opportunity to purchase with less competition.

  • Sellers: Homes continue to sell, but pricing competitively is essential as supply rises.

HAR’s August 2025 Rental Market Update will be released September 17.

 

 

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