Houston Housing Market

Introduction: Houston Current Market Status

Houston Housing Market Update – June 2025

Houston's housing market is stabilizing in mid-2025, with rising inventory and moderate price growth. In March, single-family home sales rose 2.6% year-over-year, the highest since July 2024. Inventory jumped 36%, driven by suburban new construction in areas like Katy and Cypress.

The median home price reached $335,000, up 1.5%, while luxury sales (over $1M) surged nearly 27%. However, affordability is worsening—rents rose 9% from 2022 to 2023, while wages stayed flat, leaving many renters cost-burdened.

In response, Mayor John Whitmire is redirecting $50 million in federal funds toward housing. Though conditions are improving for buyers, challenges remain for lower-income residents amid rising costs and climate pressures.