The Greater Houston housing market continues to show resilience and steady growth as of July 2026. Buyers and sellers are seeing consistent activity across single-family homes, reflecting a stable yet dynamic real estate landscape.
Sales Trends and Pending Contracts
Single-family home sales in June 2026 increased 3.5% year-over-year, compared to June 2025. Pending home sales are also rising, up 12.3% year-over-year, maintaining the strong momentum seen in previous months. This continued activity demonstrates a growing market, with buyers adapting to mortgage rates that currently range between 5.5% and 6.5% on conventional loans.
Home Prices and Inventory
The average single-family home price in Greater Houston rose 1.2% to approximately $455,000, showing moderate appreciation while maintaining affordability for many buyers. Inventory has slightly decreased to a 5.2-month supply, reflecting a healthy balance between available homes and buyer demand.
Days on market remain relatively stable, increasing slightly from 50 to 52 days, indicating that homes are still selling efficiently despite a slight increase in available listings.
Total Sales and Dollar Volume
Total property sales in Houston increased 2.6%, while total dollar volume rose 4.4%, highlighting that homes are not only selling but doing so at higher prices. This is a sign of an appreciating market, where buyers are willing to pay a premium for desirable properties.
Market Outlook
Despite fluctuations in mortgage rates and economic variables, Houston’s housing market demonstrates resilience. Buyers and sellers benefit from continued market activity, rising property values, and a balanced inventory level. The current trends suggest that the city’s real estate market will remain strong in the coming months, offering opportunities for both investment and homeownership.
- Single-family home sales increased 3.5% year over year.
- Pending sales rose 12.3%.
- Days on Market (DOM) for single-family homes increased from 50 to 52 days.
- The single-family average price increased 1.2% to $455,159.
- Single-family home inventory decreased slightly to a 5.2-months supply.
- Total property sales rose 2.6% to 10,181 units sold.
- Total dollar volume increased 4.4% to $4.5 billion.
