Is Houston, TX 77288 a buyer’s or seller’s market?
Houston is a seller’s market. With about 3.2 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.
The Houston housing market right now
In the three months ending August 31, 2026, 0% of homes in Houston, TX 77288 sold above their list price, the typical home went under contract in 124 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
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Where Houston is
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Questions about Houston real estate
Is Houston a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Houston, TX 77288 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 124 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 98.2% of the list price.
What is the median home price in Houston?
The median sale price was $534,769 in the three months ending August 31, 2026, about $261 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