Altos Market Data for Realtors

Houston, TX

Single-Family Homes

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Houston, TX

Fri Sep 30 2022
This week the median list price for Houston, TX is $369,990 with the market action index hovering around 42. This is less than last month's market action index of 45. Inventory has decreased to 4,773. Click here to stay informed with the Houston market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Houston, TX

Fri Sep 30 2022
This week the median list price for Houston, TX is $369,990 with the market action index hovering around 42. This is less than last month's market action index of 45. Inventory has decreased to 4,773. Click here to stay informed with the Houston market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $369,990
Median Price of New Listings $345,000
Per Square Foot $179
Average Days on Market 71
Median Days on Market 42
Price Decreased 48%
Price Increased 2%
Relisted 15%
Inventory 4,773
Median Rent
Market Action 42
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$900,000 3,389 8,000 - 10,000 sqft 4 3.5 25 163 141 63
$450,000 2,321 6,500 - 8,000 sqft 3 2.5 38 212 139 42
$317,000 2,052 6,500 - 8,000 sqft 3 2.5 36 232 171 42
$230,000 1,495 6,500 - 8,000 sqft 3 2 50 248 188 35