Houston Housing Market Gains Momentum in June 2026

The Greater Houston housing market gained momentum in June 2026 as home sales and pending contracts increased, prices remained stable, and buyers benefited from more available inventory and improved affordability.

The Greater Houston housing market showed renewed strength and balance in June 2026. Home sales increased, pending activity climbed, and prices remained generally stable—signs that buyers and sellers continued to participate actively as the summer market moved forward.

According to the Houston Association of REALTORS® June 2026 Housing Market Update, 8,820 single-family homes sold during the month. That represents a 3.5% increase from the 8,525 sales recorded in June 2025.

Pending sales rose even faster, increasing 12.3% year over year. Because pending sales represent newly signed purchase contracts that are expected to close in the coming months, this increase suggests continued buyer interest heading further into the summer.

June 2026 Houston Housing Market at a Glance

• Single-family home sales: 8,820, up 3.5% year over year

• Pending sales: Up 12.3%

• Median single-family home price: $345,000, essentially unchanged

• Average single-family home price: $455,159, up 1.2%

• Days on Market: 52 days, compared with 50 days one year earlier

• Active single-family listings: 38,839, up 2.1%

• Single-family inventory: 5.2 months

• Total property sales: 10,181, up 2.6%

• Total dollar volume: $4.5 billion, up 4.4%

Houston Home Prices Remain Stable

Houston home prices showed only modest movement in June. The median price for a single-family home held essentially flat at $345,000, while the average price increased 1.2% to $455,159.

The rise in the average price was influenced in part by stronger luxury-home activity. The June 2026 average surpassed the previous peak of $449,556 set in June 2025. Meanwhile, the average price per square foot slipped slightly from $181 in June 2025 to $180 in June 2026.

This combination of stable median pricing and modest average-price growth reflects a market in which overall values remained steady while higher-priced properties accounted for a stronger share of activity.

Luxury Home Sales Post Strong Gains

The luxury segment delivered one of the strongest results of the month. Sales of homes priced at $1 million and above increased 17.1% year over year, totaling 527 transactions.

Sales results varied across price ranges:

• $1–$99,999: Up 64.5%, with 153 transactions

• $100,000–$149,999: Up 7.9%, with 191 transactions

• $150,000–$249,999: Up 14.4%, with 1,481 transactions

• $250,000–$499,999: Down 1.1%, with 4,815 transactions

• $500,000–$999,999: Down 2.9%, with 1,652 transactions

• $1 million and above: Up 17.1%, with 527 transactions

The largest number of sales remained in the $250,000 to $499,999 range, even though activity in that segment declined slightly from the previous year.

More Inventory Gives Houston Buyers Additional Choice

Active single-family listings rose 2.1% from a year earlier to 38,839 homes, while the market held a 5.2-month supply of inventory. By comparison, national inventory stood at 4.5 months, according to the National Association of Realtors.

Homes also took slightly longer to sell. The average Days on Market increased from 50 days in June 2025 to 52 days in June 2026.

The additional inventory may give buyers more room to compare properties and make informed decisions. At the same time, sales growth shows that well-positioned homes continued to attract buyers.

As HAR Chair Theresa Hill explained, buyers remain active, and homes that are priced correctly are moving. However, with more properties available, buyers may not feel the same pressure to rush their decisions.

Mortgage Rates Support Improved Affordability

Housing affordability continued to improve in June. According to Freddie Mac, the average 30-year fixed mortgage rate declined from 6.82% in June 2025 to 6.49% in June 2026.

For a buyer purchasing a median-priced Houston home with a 20% down payment, that change represented an estimated monthly savings of $65 in principal and interest compared with the previous year.

Houston’s affordability improved year over year in 20 of the previous 23 months. National affordability improved in 14 of the previous 22 months.

Existing-Home Sales Also Increase

Existing single-family home sales rose 7.8% year over year, reaching 6,517 closings in June. Within this category, the average price decreased 1.4% to $464,344, while the median price declined 0.6% to $348,000.

These figures show stronger transaction activity among existing homes, accompanied by modest year-over-year price adjustments.

Townhome and Condominium Market Cools

The townhome and condominium segment moved differently from the single-family market in June. Sales declined 9.3% year over year, from 484 units in June 2025 to 439 units in June 2026.

Prices also moved lower. The average price decreased 2.0% to $256,885, while the median price fell 6.5% to $215,000. At the same time, active listings increased 4.6% to 3,508 properties.

What the June Market Means for Houston Buyers and Sellers

For buyers, the June numbers show more available homes, slightly longer selling times, a stable median price, and a lower average mortgage rate than one year earlier. These conditions may provide additional time and choice while still requiring buyers to act decisively when the right property becomes available.

For sellers, rising sales and pending contracts demonstrate that buyer demand remains present. With buyers having more properties to consider, competitive pricing and a strong market position are especially important.

The Greater Houston market entered the summer with higher single-family sales, strong pending activity, steady overall pricing, and notable growth in the luxury sector. Whether you are planning to buy, sell, or invest, understanding how these trends affect your specific price range and neighborhood is an important part of making a confident real estate decision.

Frequently Asked Questions About the Houston Housing Market

Did Houston single-family home sales increase in June 2026?

Yes. Single-family home sales increased 3.5% year over year, with 8,820 homes sold in June 2026 compared with 8,525 in June 2025.

What was the median home price in Houston in June 2026?

The median single-family home price held essentially flat at $345,000. The average single-family home price increased 1.2% to $455,159.

How much housing inventory was available in Houston?

Active single-family listings rose 2.1% year over year to 38,839 homes, and the market had a 5.2-month supply of inventory.

What happened to mortgage rates and affordability?

The average 30-year fixed mortgage rate declined from 6.82% in June 2025 to 6.49% in June 2026. For a buyer purchasing a median-priced Houston home with a 20% down payment, that represented an estimated savings of $65 per month in principal and interest compared with one year earlier.

How did Houston's luxury housing market perform?

Sales of homes priced at $1 million and above increased 17.1% year over year, with 527 transactions in June 2026.

To discuss your Houston real estate goals and develop a strategy based on current market conditions, contact MRG Realty or visit www.MRGRealty.com.

Data source: Houston Association of REALTORS® June 2026 Housing Market Update, released July 8, 2026. The Houston Association of REALTORS® Multiple Listing Service includes residential properties and new homes listed by 50,000 REALTORS®.