Altos Market Data for Realtors

Houston, TX

Single-Family Homes

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Houston, TX

Fri Mar 29 2024
This week the median list price for Houston, TX is $365,345 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 5,824. 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

Fri Mar 29 2024
This week the median list price for Houston, TX is $365,345 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 5,824. 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 $365,345
Median Price of New Listings $359,999
Per Square Foot $191
Average Days on Market 106
Median Days on Market 63
Price Decreased 37%
Price Increased 5%
Relisted 21%
Inventory 5,824
Median Rent
Market Action 35
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
$899,000 3,194 6,500 - 8,000 sqft 4 3.5 20 149 151 70
$425,000 2,119 4,500 - 6,500 sqft 3 2.5 12 179 153 56
$321,109 1,878 4,500 - 6,500 sqft 3 2.5 21 161 154 63
$235,000 1,458 6,500 - 8,000 sqft 3 2 53 187 222 56