Texas Real Estate Market Diverges
Texas Realtors report that while median home prices rose in most Texas metros in 2025, the four largest markets (Dallas-Fort Worth, Houston, Austin, and San Antonio) saw declines. This brought the statewide median down 1.2% to $335,000. Home sales and active listings were up across much of the state, reflecting a bifurcated market.
The Texas Real Estate Year in Review report, published by Texas Realtors, analyzes data from local Realtor associations and the Texas Real Estate Research Center. The report covers 26 metropolitan statistical areas in Texas. Statewide, 335,390 homes were sold in 2025, representing a 1.3% increase from the previous year. Abilene saw the largest increase in sales at 26.4%, while Laredo experienced the biggest drop at -7.3%. The median age of Texas homebuyers in the 12-month period between July 2023 and June 2024 was 58, up from 49 the previous year. During this time, median household income decreased from $121,400 to $112,500. Looking ahead, the Texas Real Estate Research Center projects a modest 2.5% increase in home sales for 2026, reaching approximately 349,000 new and existing homes. They also forecast a 1.3% rise in the median home price, settling around $334,000 by the end of 2026. Forecasters expect mortgage rates to fluctuate between 5.8% and 6.2%.