Altos Market Data for Realtors

Houston, TX

Single-Family Homes

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Houston, TX

Tue Aug 16 2022
This week the median list price for Houston, TX is $385,000 with the market action index hovering around 47. This is less than last month's market action index of 52. Inventory has increased to 4,436. 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.

Strong Seller's Market

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

Tue Aug 16 2022
This week the median list price for Houston, TX is $385,000 with the market action index hovering around 47. This is less than last month's market action index of 52. Inventory has increased to 4,436. 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.

Strong Seller's Market

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 $385,000
Median Price of New Listings $340,000
Per Square Foot $182
Average Days on Market 68
Median Days on Market 35
Price Decreased 46%
Price Increased 3%
Relisted 14%
Inventory 4,436
Median Rent
Market Action 47
Strong Seller's Market

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
$964,998 3,480 8,000 - 10,000 sqft 4 3.5 25 109 101 56
$470,000 2,375 6,500 - 8,000 sqft 3 2.5 40 146 112 35
$325,000 2,086 6,500 - 8,000 sqft 3 2.5 40 184 156 28
$235,000 1,520 6,500 - 8,000 sqft 3 2 51 211 195 35