Houston, TX Foreclosures
Current Market Conditions in in Houston, TX As of February 2026?
Over the past month, Houston's real estate market has seen an increase in home sales, with a notable rise in median sale prices. This surge reflects heightened buyer interest ahead of the peak home-buying season. While some areas experienced bidding wars, others showed a more balanced approach with homes taking slightly longer to sell. Sellers are adjusting their strategies to remain competitive in this evolving market, leading to increased market activity and renewed confidence among real estate investors.
How much do homes sell for in Houston, TX?
The average home price is currently $390,597.
What’s the average rental cost in Houston, TX?
The average rental price in Houston is $1,721.
What is the most expensive home in Houston?
The most expensive home sold in Houston had a price of $60,017,300.
What is currently the cheapest priced home in Houston, TX?
The cheapest home for sale in Houston is priced at $11,225.
Living in Houston, TX
Houston, TX is a dynamic and diverse metropolis that offers a rich blend of culture, opportunity, and lifestyle. From its renowned culinary scene to its bustling economy, residents enjoy the advantages of urban living with access to parks, schools, and an array of amenities. The area is ideal for families, professionals, and anyone seeking a vibrant community.
Buyer vs Seller Market in Houston, TX
Houston's real estate market is currently experiencing a growth trend, driven by a strong job market and an influx of new residents. The demand for housing has led to a competitive atmosphere, with properties often selling above the asking price in desirable neighborhoods. Buyers can expect a mix of single-family homes, condos, and townhouses, all varying in price and style.
The residential market in Houston remains robust, characterized by a balanced inventory of homes across various neighborhoods. New constructions and developments are on the rise, catering to the growing population. As more companies relocate to Houston, the influx of professionals seeking housing continues to drive the market forward.
Home Value Estimator For Houston, TX
There are currently 791,608 real estate properties
in Houston, TX,
with a median automated valuation model (AVM) price
of $260,479.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Houston, TX, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Houston, TX,
is $390,597.00, with the most expensive house
in Houston, TX, topping out
at $60,017,300.00 and the cheapest home
in Houston, TX,
clocking in at $11,225.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Houston, TX!
Rent Prices
In Houston, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Houston, TX, is on
a rollercoaster ride. The
average rent price in Houston, TX,
is $1,721.00. Indeed, when looking to rent in
Houston, TX, you can expect to pay as little
as $480.00 or as much
as $6,080.00,
with the average rent median estimated to
be $1,520.00. The good news is that finding
an affordable and desirable property to rent in Houston, TX
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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