37Alpha

Houston, TX metro area Housing Market Brief

metro · TX · as of July 2026

Buyer's

What is Houston, TX metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
26
Inventory Health25%
29
Affordability20%
55
Economic Strength20%
10
Rental Yield15%
76

Where is Houston, TX metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Houston, TX metro area is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Houston, TX metro area?

Our model forecasts Houston, TX metro area’s home prices to rise about 1.8% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Houston, TX metro area housing market data

MetricValueYoY
Median Sale Price$337K▲ +2.4%
Median Days on Market50 days▲ +8.7%
Months of Supply4.7-2.3%
Homes for Sale32,458-11.5%
Homes Sold7,077-6.9%
Median Price / Sq Ft$159-2.1%

How has Houston, TX metro area’s Alpha Score moved?

Now: 37
12-period trend
Median sale price · 12 mo

Markets like Houston, TX metro area

Frequently asked questions

Is Houston, TX metro area a buyer's or seller's market?

As of July 2026, Houston, TX metro area is classified as a Buyer's Market, based on its Alpha Score of 37 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Houston, TX metro area?

The median sale price in Houston, TX metro area is $337K, having risen 2.4% over the past year.

How affordable is Houston, TX metro area?

Houston, TX metro area scores 55 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Houston, TX metro area's Alpha Score?

Houston, TX metro area's strongest dimension is Rental Yield (76/100) and its weakest is Economic Strength (10/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Houston, TX metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.