More moderate prices have led to an influx of homes hitting the market, according to the Houston Association of Realtors’ February 2026 housing market update. While there was a slight decrease in home sales, buyer activity has increased across the region.
The background
According to HAR, property sales of all types compared to February last year have dwindled by 3.3%, with 7,024 properties sold. Despite this, the number of properties listed has risen by 14.3%, with 55,710 properties now available.
According to HAR Chief Economist Ted C. Jones, the Houston housing market has been “bottoming out” for the past several years and is now returning to pre-pandemic levels.
As it stands right now, the median price declined 0.9% year over year in February to $322,078. Homes have also been spending more time on the market this February compared to last February—the average days spent on the market for a home went from 60 to 69 days, which is the highest it’s been since March 2013, when the average time was 74 days, according to the report.
By the numbers
In the $250,000 to $499,999 price range, sales slowed down, despite the range accounting for more than half of all homes sold in February, per the report. On the other end, all other price ranges outside of this segment showed growth.
According to the HAR report, single-family home sales performed as follows:
- $1-$99,999: increased 36.6%
- $100,000-$149,999: increased 23.6%
- $150,000-$249,999: increased 12.2%
- $250,000-$499,999: decreased 9.9%
- $500,000-$999,999: statistically flat
- $1 million and above: increased 9.5%