Skip to the content

Houston housing market: home prices, trends and forecast

Houston home prices: the Zillow Home Value Index valued a typical Houston, Texas home at $259,465 in September 2026, −2.1% compared with a year earlier and −5.7% under its $275,063 peak of May 2024.

Value of a typical home
$259,465
September 2026, Zillow ZHVI
Change over 12 months
Down 2.1% since September 2025.
Change over 10 years
+54.3% since September 2016.
Multiple since the year 2000
×2.5. Starting from $103,578.
Days on the market
55
Realtor.com, Houston, TX metro.

Houston home prices since 2000

In the chart, steel marks Houston and grey marks the United States. In January 2000 the typical Houston home was worth $103,578; it has since risen to $259,465, ×2.51, compared with ×2.99 for the US over those months. At the boom high, the value reached $132,099 in December 2007; the low was $114,600 in January 2012, −13.2%.

$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jan 2000 · $103,578$366,157$259,465Sep 2026HoustonUnited States$100k$150k$200k$250k$300k$350k$400k200020102020Jan 2000 · $104k$366k$259kSep 2026
Typical home values from the Zillow Home Value Index, smoothed and seasonally adjusted. Zillow Research data
January 2000 · $103,578

Yearly median home price for Houston

Each yearly figure averages the twelve monthly values; 2026 reflects the latest month.

YearHoustonChange on the yearUnited States
2000$104,094$125,745
2001$106,149+2.0%$134,899
2002$109,366+3.0%$144,276
2003$113,057+3.4%$155,308
2004$119,579+5.8%$169,891
2005$125,580+5.0%$189,732
2006$127,299+1.4%$206,531
2007$130,763+2.7%$208,449
2008$128,984−1.4%$195,574
2009$124,480−3.5%$177,542
2010$123,279−1.0%$171,462
2011$117,187−4.9%$162,508
2012$115,581−1.4%$161,137
2013$122,764+6.2%$171,420
2014$138,792+13.1%$182,996
2015$155,401+12.0%$192,738
2016$166,746+7.3%$204,509
2017$174,926+4.9%$216,767
2018$183,452+4.9%$230,541
2019$193,115+5.3%$242,088
2020$201,726+4.5%$257,151
2021$227,230+12.6%$295,959
2022$264,664+16.5%$340,014
2023$270,283+2.1%$348,160
2024$273,547+1.2%$359,751
2025$267,536−2.2%$362,959
September 2026$259,465−2.1%$366,157

What homes bought in Houston in any year are worth now

An index-based estimate of a typical home, not an appraisal.

Each year's figure averages twelve monthly index values, and the current figure is the one for September 2026. Also available: home appreciation calculator.

Thinking about selling? Compare local agents at Realtor.com. Advertising disclosure: links like this one may bring payment to the site, and no number changes because of them. Disclosure.

Houston housing market forecast

Zillow's forecast has the Houston, TX metro at +0.3% across the 12 months starting September 2026, with 0% for the next three months. Take Houston's typical value of $259,465 and apply the forecast, and you land at about $260,200 one year later.

Here the forecast repeats Zillow's central estimate for the metro, and the site publishes none of its own. Forecasts like this one, over 12 months, have typically been off by several percentage points against the realised change, in both directions. This is not investment advice.

All metro forecasts in a single table: housing market forecast table.

Houston housing market crash risk score

47 of 100, on the high side

The ranking puts Houston against the 292 cities using five conditions that ran high ahead of earlier price falls. The five inputs each get a score from 0 to 100 compared with the other cities, and those scores are averaged with equal weight. It shows conditions today; it does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019+19.9%7120%
Days on the market vs 2019−5.2%2820%
Price-to-rent ratio14.01820%
Price-to-income ratio4.02720%
12-month price change−2.1%9020%

No investment advice is given here. How the inputs are scored: scoring method. Every one of the 292 cities ranked: crash risk ranking.

Houston inventory and days on market

As of September 2026 the Houston, TX metro listed 35,898 homes for sale. That was +5.3% above the previous year and +19.9% higher than in the same month of 2019. The median time to sell was 55 days (−5.2% against 2019), while a price cut was recorded for 20.2% of listings.

Houston, TX metro, September 2026ValueOn a year
Active listings35,898+5.3%
New listings9,000
Median days on market55−0.9%
Median list price$353,995−1.7%
Share with a price cut20.2%

Metro inventory figures: Realtor.com® Economic Research. Realtor.com data All metros: days on market by city.

Houston cost of living

By the Zillow Observed Rent Index, the typical asking rent in Houston runs $1,544 a month, which is −0.1% on a year. The price of the typical home equals 14.0 years of that rent. Median household income comes to $64,361 (Census ACS 2024), which puts the typical home at 4.0 times a year's income. According to BEA, prices in the metro sit at 98.6, while the US average is 100; housing costs there come to 104.5.

The salary you need to move there, plus rent and prices: Houston cost of living.

Other Texas housing markets

Texas as a whole: Texas housing market.

How to read this chart

Each point plots the Zillow Home Value Index for Houston: what a typical home in the market's middle third is worth, smoothed and seasonally adjusted, in that month's dollars. The hollow dot shows the month chosen on the slider, while the terracotta dot shows the latest month. An index tracks the typical home, not any one house, and these figures carry no inflation adjustment: find the value of a single home from its own sale price, using the sale-price card, or the home appreciation calculator.