The Houston Housing Market: FAQ

The median single-family price in Greater Houston was $325,000 in September 2026, according to HAR. Inside the City of Houston, the median of all closed residential sales was about $300,000 that month.

From our guide: Houston home prices by neighborhood

Not overall. The metro median was essentially flat from a year earlier, but townhome and condo prices fell about 9% and individual neighborhoods vary, so look at your specific area.

From our guide: Houston home prices by neighborhood

It's close. Inventory reached 5.5 months in September 2026, near the roughly six months many consider a buyer's market, and the homes that sold averaged 58 days on the market. The two figures measure different things: months of inventory is how long the homes for sale now would take to sell at the current pace (all active listings divided by a month's sales), while days on market counts only the homes that sold, from listing to sale, so a listing that sits unsold is in the inventory figure but not in the days figure.

From our guide: Houston home prices by neighborhood

Among the 30 areas we track, these had the highest typical prices over the 12 months through September 2026, measured as the median of each month's median sale price:

1. River Oaks: about $2.54 million
2. West University Place: about $1.83 million
3. Bellaire: about $1.24 million
4. Garden Oaks: about $910,000
5. Woodland Heights: about $873,000
6. Memorial: about $802,000
7. Greater Heights: about $681,000
8. Montrose: about $658,000
9. Lazybrook and Timbergrove: about $635,000
10. Rice Military: about $621,000

The Memorial Villages and Tanglewood also rank among Houston's highest-priced areas but aren't in the list we track.

From our guide: Houston home prices by neighborhood

Katy had the most closed sales of the areas we track over the last 12 months, about 6,100, followed by Spring, Cypress and Richmond.

From our guide: Houston home prices by neighborhood