Altos Market Data for Realtors

Houston, TX

Single-Family Homes

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Houston, TX

Tue Apr 16 2024
This week the median list price for Houston, TX is $375,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has held steady at or around 5,888. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Houston, TX

Tue Apr 16 2024
This week the median list price for Houston, TX is $375,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has held steady at or around 5,888. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Houston market.
Median List Price $375,000
Median Price of New Listings $374,990
Per Square Foot $194
Average Days on Market 104
Median Days on Market 56
Price Decreased 39%
Price Increased 5%
Relisted 20%
Inventory 5,888
Median Rent
Market Action 36
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$939,637 3,242 6,500 - 8,000 sqft 4 3.5 20 189 128 63
$440,000 2,151 4,500 - 6,500 sqft 3 2.5 15 218 161 56
$325,000 1,882 4,500 - 6,500 sqft 3 2.5 20 176 170 63
$234,999 1,456 6,500 - 8,000 sqft 3 2 53 236 211 49