Houston Housing Rakes in Another Month of Growth as Prices Stay Steady
Consistent sales and easing prices signal a more balanced market
This fall brought more signs of stability to Houston’s housing market, as October marked the sixth consecutive month of year-over-year home sales growth. With some relief in prices and mortgage rates, buyers are getting a bit more bargaining power as we head into the final months of the year.
According to the Houston Association of Realtors’ October 2025 Housing Market Update, single-family home sales rose 3.2 percent year-over-year. A total of 7,419 homes were sold compared to 7,187 last year.
While average home prices remained statistically flat at $423,955, the median price declined for the seventh month in a row to $330,000. This trend indicates that the market is gradually shifting toward a more balanced level after years of rapid price growth.
Housing supply remained steady month-to-month, but increased year-over-year to 5.2 months, up from 4.4 months last October.
The average list-to-sale price ratio dipped to 92.6%, the lowest recorded level since HAR began tracking the metric in 2001.
“Despite the government shutdown, which temporarily ceased purchases of flood insurance from the National Flood Insurance Program, and some uncertainty in the economy, homebuying interest in Houston remains solid,” said HAR Chair Shae Cottar with LPT Realty. “Prices have softened, inventory is up, and mortgage rates are coming down—all of which are giving buyers more room to breathe. The frenzied pace of recent years has eased, and the market has leveled out, ultimately benefiting both buyers and sellers.”
Housing Market Overview
In October, sales of all property types across the Greater Houston area increased 1.6 percent compared to last year, with 8,768 properties sold. Multi-family properties saw the largest year-over-year sales growth, with transactions 32.8 percent above last October’s volume. Total dollar volume also rose 1.9 percent to more than $3.5 billion for the month.
Houston single-family home sales now exceed pre-pandemic levels, up 3.2 percent in October 2019 compared to October 2025 and up 2.6 percent year-to-date. In contrast, the U.S. housing market struggles to return to normal with home sales down 21.6 percent (September 2025 compared to September 2019) and off 22.8 percent year-to-date 2025 versus 2019.
“Unlike the U.S. housing market, which lags pre-pandemic home sales volumes, Houston has returned to a normal market that is growing,” said HAR Chief Economist Dr. Ted C. Jones.
Active listings of all property types were 23.0 percent higher than last year with 59,903 available properties on the market.
