Texas Home Sales Rise as Price Disparities Widen Across Metro Areas
Event summary
- Texas home sales increased by 1.3% in 2025, totaling 335,390 units.
- While most Texas metros saw home price increases, the state's median home price declined by 1.2% to $335,000 in 2025.
- The number of homes for sale statewide rose by 23.1%, and the average time homes spent on the market increased to 67 days.
- Markets like Abilene, Midland, and Amarillo experienced significant sales increases (26.4%, 6.9%, and 6.5% respectively), while Laredo, Odessa, and Eagle Pass saw declines exceeding 3%.
The big picture
The contrasting trends of statewide price decline alongside metro-level increases highlight a complex and geographically fragmented Texas housing market. This divergence likely reflects a combination of factors including affordability challenges in major cities, shifting demographic patterns, and varying levels of economic recovery across different regions of the state. The increased inventory and longer time on market suggest a potential cooling of the previously overheated market, though localized strength persists.
What we're watching
- Market Divergence
- The widening gap between price performance in major Texas cities and smaller markets suggests a potential shift in buyer preferences and affordability constraints impacting larger urban areas.
- Inventory Impact
- The increase in available homes and days on market may continue to moderate price appreciation, particularly in previously hot markets, and could signal a move towards a more balanced market.
- Regional Resilience
- The strong sales growth in smaller markets like Abilene and Midland warrants further investigation to determine if this represents a broader trend of population and economic migration away from larger urban centers.