Texas housing market
Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$296,424−1.4% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$64,259About 0.8× the local median income ($79,723): affordable for a typical household
Days on market68 daysAbout the same pace as a year ago
Next 12 months−0.2%Zillow expects prices to stay about flat
The typical home in Texas is worth $296,424, down 1.4% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $286,068, so the area is 3.6% overvalued. It is a buyer's market: homes take about 68 days to sell, listings are up 0% from a year ago, 22% of listings have had a price cut. Zillow expects prices to fall about 0.2% over the next year. A household needs about $64,259 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $79,723. In the latest IRS figures, 111,944 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
| Typical home value | $296,424 |
| Change in 1 year | −1.4% |
| Overvalued % | +3.6% |
Show 7 more
| Fair home value | $286,068 |
| Change in 5 years | +10.1% |
| Zillow forecast, next 12 months | −0.2% |
| Home value to income | 3.7× |
| Monthly mortgage payment (20% down) | $1,606 |
| Income needed to afford it | $64,259 |
| Property tax rate | 1.49% |
Rent and investing
| HUD Fair Market Rent, 2 bedrooms | $1,493 |
Market activity
| Listings vs a year ago | +0.5% |
| Days on market | 68 |
| Listings with a price cut | 21.9% |
Show 3 more
| Homes for sale | 135,141 |
| Pending sales per 100 listings | 24 |
| Asking price per sq ft | $179 |
People and jobs
| Median household income | $79,723 |
| Population change (1 year) | +1.2% |
| Unemployment rate | 5.3% |
Show 4 more
| Population | 31,709,821 |
| Income adjusted for cost of living | $82,104 |
| Net moves in (IRS) | +111,944 |
| Cost of living (US = 100) | 97.1 |
Schools, risk and environment
| FEMA hazard risk score (0 to 100) | 91.0 |
| Unhealthy air days a year | 19 |
| Flood risk score | 89.4 |
Show 3 more
| Wildfire risk score | 83.6 |
| Walkability (1 to 20) | 8.8 |
| Road, rail and air noise | 54 dB |
Questions people ask
- Is Texas overvalued?
- Home prices in Texas are slightly above what local incomes have historically supported: fair value is about $286,068, so the area is 3.6% overvalued.
- Is Texas a buyer's or seller's market?
- Texas is a buyer's market: homes take about 68 days to sell, listings are up 0% from a year ago, 22% of listings have had a price cut.
- Are home prices going down in Texas?
- Home values in Texas are down 1.4% over the last year. Zillow's forecast for the next 12 months is −0.2%.
- How much do you need to earn to buy a home in Texas?
- A household needs about $64,259 a year to afford the typical home in Texas at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $79,723.
Metro areas
Dallas-Fort Worth-Arlington, TXHouston-Pasadena-The Woodlands, TXSan Antonio-New Braunfels, TXAustin-Round Rock-San Marcos, TXMcAllen-Edinburg-Mission, TXEl Paso, TXKilleen-Temple, TXCorpus Christi, TXBrownsville-Harlingen, TXBeaumont-Port Arthur, TXLubbock, TXWaco, TXLongview, TXCollege Station-Bryan, TXLaredo, TXAmarillo, TXTyler, TXMidland, TXAbilene, TXOdessa, TXSherman-Denison, TXWichita Falls, TXTexarkana, TX-ARSan Angelo, TXVictoria, TXEagle Pass, TX
Counties
Anderson CountyAndrews CountyAngelina CountyAransas CountyArcher CountyArmstrong CountyAtascosa CountyAustin CountyBailey CountyBandera CountyBastrop CountyBaylor CountyBee CountyBell CountyBexar CountyBlanco CountyBorden CountyBosque CountyBowie CountyBrazoria CountyBrazos CountyBrewster CountyBriscoe CountyBrooks CountyBrown CountyBurleson CountyBurnet CountyCaldwell CountyCalhoun CountyCallahan CountyCameron CountyCamp CountyCarson CountyCass CountyCastro CountyChambers CountyCherokee CountyChildress CountyClay CountyCochran CountyCoke CountyColeman CountyCollin CountyCollingsworth CountyColorado CountyComal CountyComanche CountyConcho CountyCooke CountyCoryell CountyCottle CountyCrane CountyCrockett CountyCrosby CountyCulberson CountyDallam CountyDallas CountyDawson CountyDe Witt CountyDeaf Smith CountyDelta CountyDenton CountyDickens CountyDimmit CountyDonley CountyDuval CountyEastland CountyEctor CountyEdwards CountyEl Paso CountyEllis CountyErath CountyFalls CountyFannin CountyFayette CountyFisher CountyFloyd CountyFoard CountyFort Bend CountyFranklin CountyFreestone CountyFrio CountyGaines CountyGalveston CountyGarza CountyGillespie CountyGlasscock CountyGoliad CountyGonzales CountyGray CountyGrayson CountyGregg CountyGrimes CountyGuadalupe CountyHale CountyHall CountyHamilton CountyHansford CountyHardeman CountyHardin CountyHarris CountyHarrison CountyHartley CountyHaskell CountyHays CountyHemphill CountyHenderson CountyHidalgo CountyHill CountyHockley CountyHood CountyHopkins CountyHouston CountyHoward CountyHudspeth CountyHunt CountyHutchinson CountyIrion CountyJack CountyJackson CountyJasper CountyJeff Davis CountyJefferson CountyJim Hogg CountyJim Wells CountyJohnson CountyJones CountyKarnes CountyKaufman CountyKendall CountyKenedy CountyKent CountyKerr CountyKimble CountyKing CountyKinney CountyKleberg CountyKnox CountyLa Salle CountyLamar CountyLamb CountyLampasas CountyLavaca CountyLee CountyLeon CountyLiberty CountyLimestone CountyLipscomb CountyLive Oak CountyLlano CountyLoving CountyLubbock CountyLynn CountyMadison CountyMarion CountyMartin CountyMason CountyMatagorda CountyMaverick CountyMcCulloch CountyMcLennan CountyMcMullen CountyMedina CountyMenard CountyMidland CountyMilam CountyMills CountyMitchell CountyMontague CountyMontgomery CountyMoore CountyMorris CountyMotley CountyNacogdoches CountyNavarro CountyNewton CountyNolan CountyNueces CountyOchiltree CountyOldham CountyOrange CountyPalo Pinto CountyPanola CountyParker CountyParmer CountyPecos CountyPolk CountyPotter CountyPresidio CountyRains CountyRandall CountyReagan CountyReal CountyRed River CountyReeves CountyRefugio CountyRoberts CountyRobertson CountyRockwall CountyRunnels CountyRusk CountySabine CountySan Augustine CountySan Jacinto CountySan Patricio CountySan Saba CountySchleicher CountyScurry CountyShackelford CountyShelby CountySherman CountySmith CountySomervell CountyStarr CountyStephens CountySterling CountyStonewall CountySutton CountySwisher CountyTarrant CountyTaylor CountyTerrell CountyTerry CountyThrockmorton CountyTitus CountyTom Green CountyTravis CountyTrinity CountyTyler CountyUpshur CountyUpton CountyUvalde CountyVal Verde CountyVan Zandt CountyVictoria CountyWalker CountyWaller CountyWard CountyWashington CountyWebb CountyWharton CountyWheeler CountyWichita CountyWilbarger CountyWillacy CountyWilliamson CountyWilson CountyWinkler CountyWise CountyWood CountyYoakum CountyYoung CountyZapata CountyZavala County