Houston Home Prices Jump 3.8% as Median Sales Hit $412,500

Houston median home prices increased 3.8 percent in the second quarter of 2026 compared with the same three months in 2025, according to data released this week by the Houston Association of Realtors.

The gain comes as 30-year fixed mortgage rates dipped below 6.4 percent in late June and energy-sector employment added 11,000 jobs in the metro area during the first half of the year. Local buyers who postponed purchases last summer are now competing for listings before school calendars lock in family moves.

Neighborhood price shifts

In the Heights, median prices climbed to $485,000, up from $462,000 a year earlier, driven by demand near the new White Oak Bayou trail extension. River Oaks properties averaged $2.85 million, reflecting a 4.1 percent increase tied to limited inventory along Kirby Drive and the continued appeal of proximity to the Houston Country Club. Sales volume in both areas rose 9 percent year over year.

Farther west, homes near the Energy Corridor posted a 2.9 percent gain, with the median reaching $378,000. The Greater Houston Partnership reported that ExxonMobil and Chevron added combined office space in the district this spring, supporting buyer interest from relocating employees.

Inventory and next steps

Active listings stood at 38,200 units on July 1, down 6 percent from the prior year. Days on market averaged 42, the shortest pace recorded for any second quarter since 2021. Buyers entering the market this month should review current listings through the Houston Association of Realtors multiple listing service and schedule inspections early, particularly on properties near Buffalo Bayou where recent flooding repairs have affected resale timelines.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.