🏡 Texas Housing Market: Local Trends Matter Heading Into Fall
Texas home prices are showing modest growth overall, but the state’s housing market is not moving in one direction. Conditions vary considerably between metro areas, giving some buyers more choices while certain markets continue to experience tighter inventory.
According to Texas REALTORS®, the statewide median home sales price was $340,000 in Q2 2026, unchanged from the same period last year. Closed sales increased 4.5%, while homes stayed on the market an average of 65 days.
📊 What We’re Seeing
• Prices are relatively stable statewide. Individual markets are seeing both increases and declines rather than broad-based price growth.
• Inventory varies by location. Texas had about 5.4 months of inventory in Q2, a level that generally indicates a more balanced market.
• Some major metros are tighter than others. In Dallas-Fort Worth, active listings were down 6.5% year over year in July, while San Antonio’s active listings increased 4.7%.
• Buyers still have opportunities. With homes taking longer to sell in many areas, buyers may have more room to compare properties and negotiate than they did during the most competitive years of the market.
🏠 What This Means for Buyers & Sellers
For buyers, local inventory and pricing trends can make a big difference. A market with more available homes may provide greater negotiating flexibility, while desirable properties in tighter areas can still attract strong interest.
For sellers, competitive pricing remains important. A home that is accurately priced and well-presented can stand out, but today’s market does not guarantee a quick sale or multiple offers.
🔎 Looking Ahead
As we move into fall, mortgage rates, new listings, affordability and local employment conditions will continue to influence Texas housing activity.
The biggest takeaway? Texas is a collection of local housing markets — not one single market.
Before buying or selling, review recent comparable sales and neighborhood-level inventory rather than relying only on statewide headlines.
📍 Helpful resources:
• Texas REALTORS®
• Realtor.com® Housing Market Data
• Zillow Research
• Your local REALTOR® association
Whether you’re buying your first home, downsizing or preparing to sell, understanding your local market can help you make a more informed decision.