Is Houston, TX 77244 a buyer’s or seller’s market?

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

Houston is a seller’s market. With about 2.4 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.7%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$172▲ +13.6% vs. last year

The Houston housing market right now

In the three months ending August 31, 2026, 0% of homes in Houston, TX 77244 sold above their list price, the typical home went under contract in 21 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (220 days then) and the median sale price rose 18% to $374,838. Overall, Houston is more competitive than a year ago, so tougher for buyers.

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Questions about Houston real estate

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

A seller’s market: there were 2.4 months of supply in Houston, TX 77244 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 21 days in the latest three months.

Do homes in Houston sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.

What is the median home price in Houston?

The median sale price was $374,838 in the three months ending August 31, 2026, about $172 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