Home Sales Rose and Prices Stalled in Houston Last Year

Supply is overtaking demand in Houston’s residential market.

In a record year for home construction and listings, residential sales increased significantly in the Houston area last year, while sale prices held flat, according to Multiple Listing Service data.

Single-family home sales jumped 3.8 percent in Houston in 2025, year-over-year, with 88,634 houses sold compared to 85,373 in 2024, the Houston Association of Realtors stated last week.

For comparison, sales rose at a slower rate in Dallas/Fort Worth and even declined in the Austin area. Single-family sales increased by just 1 percent in Dallas/Fort Worth last year, hitting 86,373, according to MetroTex. Home sales declined 3.2 percent in the Austin-Round Rock-San Marcos area to about 29,300 sales, according to the Austin Board of Realtors.

The heightened purchasing activity didn’t yield a boost in prices. The median price of a single-family home in the Houston area held flat at $335,000 in 2025, according to the Houston Association of Realtors. In certain points of the year, including the late spring and early fall, median home prices trailed 2024.

The Houston buyer had a broader array of options last year than in any other major city in the U.S.

Houston set records for housing inventory in 2025. The metro surpassed 39,000 active single-family listings in June, a 30 percent year-over-year increase to the highest number since 2007, according to the realtors association. With townhomes and condos in the mix, the total housing inventory bumped up to almost 44,000 listings in August, giving the Houston area the amplest home supply in the country, CoStar found.

Furthermore, while homebuilders were slowing down in North Texas, they continued apace down south. The Houston-Pasadena-The Woodlands metro area led the nation in home construction in the spring, with almost 13,000 permits issued between January and March, according to the Texas Real Estate Research Center. Houston sellers accepted some of the largest discounts in the country last fall, with September sales averaging a 96.3 percent sale-to-list price ratio, according to Redfin and TRD Data. Nearly a third of Houston sellers offered discounts in August, tying with Dallas for the highest percentage among the top metro areas, according to Redfin.