Greater Houston Market Summary
Total Property Sales
9,669
Total Dollar Volume
$4.13B
Total Active Listings
62,100
Single-Family Market Core
July '25: 8,212 closings
July '25: 8,003 — the forward signal on this page. Pending contracts become closings in the next 30–90 days.
Average Sales Price
$440,816
July '25: $432,467
Median Sales Price
$340,000
July '25: $337,923
Alfred's read: the average climbed faster than the median again — average +1.9%, median +0.6%. That gap is luxury pulling the average up (the $1M-plus band was up 9.4% in July), not your house jumping in value. Judge your equity off the median and your subdivision, not the headline average.
Days on Market
Homes are averaging 53 days on market, up from 50 a year ago. Three extra days sounds like nothing — it's the gap between one clean offer and a price cut. With record inventory competing, pricing and pre-listing condition carry the whole outcome now.
Months of Inventory
Houston single-family supply sits at 5.5 months, up from 5.4 a year ago — and active single-family listings reached 40,750 in July, the most HAR has ever recorded. Nationally the figure is 4.6 months. More standing supply than the country means the buyer here has options and the seller here needs a strategy.
30-Year Fixed Rate
Freddie Mac's average 30-year fixed rate was 6.54% in July, down from 6.72% a year earlier. On a median-priced Houston home with 20% down, HAR estimates that's more than $250 a year less in principal and interest than July 2025 — part of an affordability trend that's improved in 21 of the past 24 months.
Third-party figure, illustrative only — not a quote, offer, or guarantee. Metro Realty Partners is not a lender.
Where the Market Actually Moved
"The Houston market" isn't one market. July's single-family sales by price band — the top ran hot, the middle held roughly flat, and one rung near the bottom dropped hard.
Alfred's read: the $250K–$1M band is where most of Spring, Tomball, Cypress and The Woodlands live — and in July it barely moved: up 0.4% from $250K–$500K, up 1.0% from $500K–$1M. Luxury ran hot (+9.4% over $1M) while the $100K–$150K rung fell hardest (−11.5%). If you're selling in the middle, you're not in a falling market — you're in a flat one with record competition. That makes price and presentation the entire game.
Townhouse & Condominium Activity
Units Sold
425 -9.0% YoY ↓
Median Price
$211,000 -3.7% YoY ↓
Average Price
$260,987 -2.4% YoY ↓
Active Listings
3,631 +4.6% YoY ↑
Sales down, prices down, inventory up — and months of supply ballooned to 9.3. Attached product is still the one segment loosening on every axis at once. If you own a townhome or condo, this is the month to price against reality rather than last year's comp.
July 2026 at a Glance
Single-family home sales +1.6%
Pending sales +2.6%
Days on market 50 → 53 days
Single-family median price +0.6% to $340,000
Single-family average price +1.9% to $440,816
Single-family inventory 5.5 months (record 40,750 listings)
Total property sales +0.2% to 9,669 units
Total dollar volume +3.4% to $4.1B
All figures are Greater Houston, single-family unless noted, reported by the Houston Association of Realtors® for July 2026 (released August 12, 2026). Mortgage rate data via Freddie Mac; national inventory via the National Association of Realtors®. Metro Realty Partners reports these third-party figures for information only.