Is Houston, TX 77012 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Houston is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list7.7%Share of sales, last 3 months
Median sale-to-list96.7%Sold price ÷ list price
Median days on market113Listing to accepted offer
Median price per sq ft$156▲ +12.6% vs. last year

The Houston housing market right now

In the three months ending August 31, 2026, 8% of homes in Houston, TX 77012 sold above their list price, the typical home went under contract in 113 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 13 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (13 days then) and the median sale price fell 22% to $207,910. Overall, Houston is less competitive than a year ago, which gives buyers more room.

Within Harris County, homes here sell more slowly than in 99% of the county’s ZIP codes, and sell less often over asking than in 79%.

Nearby, buyers who want less competition could look at Houston 77081 (0% sold over asking) or Houston 77076 (0% sold over asking), while Houston 77005 (31% sold over asking) and Webster 77598 (29% sold over asking) are even more competitive.

Nearby markets

Baytown 77520Buyer’s market $125 /sq ftBaytown 77521Balanced $139 /sq ftBellaire 77401Seller’s market $323 /sq ftChannelview 77530Balanced $148 /sq ft Browse all markets →

Where Houston is

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Questions about Houston real estate

Is Houston a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Houston, TX 77012 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Houston?

The typical home went under contract in 113 days in the latest three months.

Do homes in Houston sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.

What are property taxes in Houston?

About 1.62% of a home’s value a year in Harris County, or roughly $6,480 on a $400,000 home.

What is the median home price in Houston?

The median sale price was $207,910 in the three months ending August 31, 2026, about $156 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology