Average home prices in Houston remained relatively flat in September at $415,435, a 0.3% increase from September 2023, according to the Houston Association of Realtors’ Monthly Housing Update released Oct. 9.

The details

Single-family home sales increased 1.7% since September 2023, with 6,973 units sold in September, according to the report.

The report also found:
  • Housing inventory increased from a 3.4 months supply to a 4.4 months supply year over year
  • September marked the fifth consecutive month of year-over-year declines for total property sales
  • Total active listings in September were up 25% from September 2023
Also of note

According to the report, sales in September for homes priced between:
  • $1-$99,999 increased 3.5%
  • $100,000-$149,999 decreased 23.4%
  • $150,000-$249,999 decreased 0.3%
  • $250,000-$499,999 increased 4.2%
  • $500,000-$999,999 decreased 3.6%
  • $1 million-plus increased 2%
Quote of note


“The Houston housing market is demonstrating a healthy balance,” HAR Chair Thomas Mouton said via news release. “The rise in sales, expansion of inventory and stable prices indicate a market that is adapting to changing economic conditions.”