Texas Housing Market Trends
Real-time market data powered by Zillow Research. Last updated: 2026-03-03
Is Now a Good Time to Buy in Texas?
The Texas housing market is showing balanced conditions.
home values have declined 2.4% over the past year, which means more negotiating power for buyers. there are currently 1,816 homes on the market.
Median Home Value
$294,807
Zillow Home Value Index
Year-over-Year
-2.4%
Home value change
5-Year Change
+25.3%
Since 2021
Median Rent
$1,377/mo
Zillow Observed Rent Index
Active Listings
1,816
Homes for sale
Home Value Trends
5-year Zillow Home Value Index (ZHVI) for Texas vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.
Rent Trends
Average rent in Texas: $1,377/mo (+3.5% YoY)
Rent vs. Buy Analysis
With a median home value of $294,807 and average rent of $1,377/mo, the price-to-rent ratio in Texas is 17.8. A ratio of 15-21 means it could go either way — run the numbers.
Run Full Rent vs. Buy CalculatorTop Markets in Texas
Explore housing data for 12 metro areas in Texas. Click any market for detailed trends and analysis.
Fredericksburg, TX
$494,868
Avg rent: $1,883/mo
Austin, TX
$419,518
Avg rent: $741/mo
Kerrville, TX
$358,046
Avg rent: $1,886/mo
Brenham, TX
$357,853
Avg rent: $1,586/mo
Dallas, TX
$357,649
Avg rent: $1,633/mo
Stephenville, TX
$328,252
Avg rent: $1,205/mo
Midland, TX
$320,345
Avg rent: $1,515/mo
Gainesville, TX
$308,616
Houston, TX
$302,329
Avg rent: $1,612/mo
College Station, TX
$300,626
Avg rent: $1,705/mo
Sherman, TX
$283,134
Avg rent: $1,403/mo
San Antonio, TX
$274,023
Avg rent: $1,380/mo
Continue Learning About Texas
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.