Across 185 measured ZIP markets in Texas, the median ZIP home value is $299,096 and the median ZIP rent is $1,598. 29.2% of measured ZIP markets show softer conditions. 44.3% of measured ZIP markets show rising price-cut pressure.
Key stats
- 29.2% of measured ZIP markets show softer conditions.
- 44.3% of measured ZIP markets show rising price-cut pressure.
- The middle ZIP home value is -54.1% versus the tracked-market benchmark.
- Month over month, the median ZIP market moved +0.9% on inventory and -2.0% on buyer competition.
- The middle ZIP rent is -34.3% versus the tracked-market benchmark.
- Measured ZIP markets
- 185
- Median ZIP home value
- $299,096
- Median ZIP rent
- $1,598
- Median buyer competition
- 47
Price and rent across local markets
The middle ZIP home value is -54.1% versus the tracked-market benchmark. The middle ZIP rent is -34.3% versus the tracked-market benchmark. The middle half of tracked ZIP home values runs from $233,459 to $534,039. The middle half of tracked ZIP rents runs from $1,407 to $1,823. Buyer competition across local ZIP markets runs from 44 at the 25th percentile to 52 at the 75th.
How broadly conditions are changing
29.2% of measured ZIP markets show softer conditions. 44.3% of measured ZIP markets show rising price-cut pressure. 5.9% of measured ZIP markets show a recent inventory spike. Month over month, the median ZIP market moved +0.9% on inventory and -2.0% on buyer competition. 9.2% of measured ZIP markets show accelerating new-listing supply. 10.3% of measured ZIP markets show accelerating pending demand. The share of softening ZIP markets here is -1.9% versus the tracked-market benchmark.
Continue your market research
- Collin County County marketContinue from the regional view to a more specific local market.
- Dallas County County marketContinue from the regional view to a more specific local market.
- Fort Bend County County marketContinue from the regional view to a more specific local market.
- Harris County County marketContinue from the regional view to a more specific local market.
Sources and method
- HomeMarketCap.com data sources: local housing-market datasets
- HomeMarketCap.com methodology: regional aggregation rules