Houston Housing Market Forecast - U.S. News Real Estate

As of January 2023, based on data from Redfin, Houston housing supply sat at 4.5 months of inventory, representing a year-over-year increase of 2.49%. For context, it can commonly take a full 6-month supply of real estate inventory to fully meet buyer demand and even out the …

49%
OFF

Houston Housing Market Forecast - U.S. News Real Estate

2 weeks from now

usnews.com

$418903
OFF

Houston Housing Market: Trends And Forecast 2025-2026

2 weeks from now

Home Sales First off, let's talk about home sales. In November 2024, things were looking pretty good compared to the previous year. According to the Houston Association of Realtors (HAR), single-family home sales in the greater Houston area went up by 6.0 percent, with a total of 6,559 unit… Home Prices Now, what about home prices? Well, things are a bit mixed. For single-family homes, the average price rose by 4.1 percent to $418,903, and the median price increased by a more modest 1.5 percent to $329,990. That means, on average, homes in Houston are slightly more expensiveth…

noradarealestate.com

3%
OFF

Projections For The Houston Real Estate Market In 2025

2 weeks from now

Sales Activity: The rebound in single-family home sales in 2024, with a modest increase of 1.3% over 2023, indicates that demand continued despite higher mortgage rates. The significant increase in December 2024 sales (16.3% year-over-year) shows a market gaining momentum, …

har.com

$1
OFF

Wildfires, Flooding Could Erode Home Value In High-risk Areas

2 weeks from now

17 hours ago · Residential properties could face a value correction of $1.2 trillion to $1.9 trillion if housing markets reprice to reflect threats posed by storms, subsidence, sea-level rise and wildfires.

bizjournals.com

9%
OFF

Housing Market Predictions For 2025: When Will Home Prices Drop?

2 weeks from now

Dec 19, 2024 · Housing Market Forecast 2025 U.S. home prices posted a 3.9% annual gain in September—down from 4.2% annual growth in August, according to the latest S&P CoreLogic Case-Shiller Home Price Index ...

forbes.com

3%
OFF

Texas Could See Increase In People Moving To State As Housing …

2 weeks from now

Jan 4, 2025 · The Texas housing market is experiencing a mix of trends, with rising home prices and increased sales. The median home price in Texas is $343,800, up 2.3% from last year, yet still lower than the ...

newsweek.com

1%
OFF

Houston Real Estate Market Forecast 2025-2026: What To Expect

2 weeks from now

Nov 9, 2024 · Home Price Predictions for 2025. The Houston real estate market forecast for 2025 indicates a complex scenario for home prices. According to various analyses, including projections from Zillow, the home values may see a slight decrease of about -1.1% as we …

noradarealestate.com

5%
OFF

Houston Housing Market Analysis & Forecast (2024 – 2025)

2 weeks from now

Jan 3, 2025 · Houston Housing Market: As of December 2024, the median home price is around $337,000, up 2.5% year-over-year,. ... growth, moderate price appreciation, and fluctuating inventory levels, making it one of the best places to invest in real estate in the US. Despite …

theluxuryplaybook.com

9%
OFF

2024 Houston Real Estate Outlook: Expert Predictions On Market …

2 weeks from now

Job growth is a key factor in real estate trends. It often predicts how real estate prices and sales volumes will move. The table above shows a range of forecasts for the national housing market in 2024. Predictions for national housing trends range widely, from a 14.9% decrease to a 13.5% …

houstonproperties.com

95%
OFF

Why Competition In The Housing Market Is Cooling Off - NBC News

2 weeks from now

Jun 14, 2024 · The 30-year fixed rate mortgage in the U.S. slid to 6.95% on June 13, lower from 6.99% a week prior, according to Freddie Mac data via the Federal Reserve. While mortgage rates could “change ...

nbcnews.com

FAQs about Houston Housing Market Forecast - U.S. News Real Estate Coupon?

What is Houston's real estate market like in 2024?

Despite these factors, the market largely favored sellers throughout most of Houston. Last year's home sales paralleled 2019's figures, with average home prices at $335,000, slightly below those of 2022 at $340,000. As 2024 begins, Houston's real estate scene offers a blend of challenges and opportunities. ...

How has Houston's real estate market changed over the past year?

Single-unit home sales decreased 20.46% year-over-year (YoY) from 10,090 to 8,026 transactions. The median home price for the Houston metro area declined 1.52% YoY from $330,000 to $325,000. Inventory within this real estate market rose from 1.1 to 2.6 months of supply, and days to sell rose from 77 to 93. ...

What is the Houston real estate market forecast?

In summary, the Houston real estate market forecast suggests a transitional phase characterized by challenges and newfound opportunities. While prices may face a slight dip initially due to changing interest rates and shifting market conditions, the city's economic fundamentals show promise for long-term growth. ...

Is the Houston housing market competitive?

The Houston housing market is moderately competitive, with sales increasing slightly year-over-year. Popular real estate websites to find houses for sale in Houston include HAR.com, Zillow, Realtor.com, and Redfin. Local down payment assistance programs are also available. ...

Will Houston's real estate market outperform the national average?

However, our analysis suggests a different trend for Houston. Based on our past predictions and their outcomes, we believe Houston's real estate market will outperform the national average. Specifically, we expect the market, as measured by sales volume, to surpass the national trends. ...

How did mortgage rates affect the Houston housing market?

"While higher mortgage rates presented financial challenges for some consumers, the Houston market weathered these rate fluctuations better than many other regions across the country," Cottar said. December numbers also bolster the sentiment with home sales spiking 16.3 percent compared to December 2023. ...