Texas Home Prices Hold Steady Amid Diverging Metro Trends
Event summary
- Statewide median home price in Texas remained flat at $340,000 Q2 2026 vs. Q2 2025, with 14 metros rising and 11 falling.
- Closed sales increased 4.5% statewide to 99,688 homes, led by Eagle Pass (+22.9%), Odessa (+16.2%), and Tyler (+15.6%).
- Average days on market rose to 65 days (up 3 from Q2 2025), with inventory slightly decreasing from 5.6 to 5.4 months.
- Active listings showed minimal statewide change (+0.2%) but diverged across markets: 13 down, 12 up, and 1 unchanged.
The big picture
Texas's real estate market is exhibiting classic signs of regional fragmentation, with smaller markets outperforming major metros. The statewide flatline masks significant local variations, reflecting broader trends of urban saturation and suburban/rural demand shifts. With inventory levels nearing equilibrium (5.4 months), the state may be entering a phase of more balanced supply-demand dynamics after years of rapid growth.
What we're watching
- Regional Disparities
- How sustained price increases in smaller metros like Texarkana (+16.6%) and Abilene (+13.6%) will affect broader state trends.
- Inventory Dynamics
- Whether the stabilization of active listings after years of growth signals a shift in market supply.
- Sales Velocity
- The pace at which days-on-market trends reverse, particularly in larger metros where prices softened slightly.