Across 186 measured ZIP markets in Texas, the median ZIP home value is $296,043 and the median ZIP rent is $1,594. 25.3% of measured ZIP markets show softer conditions. 28.5% of measured ZIP markets show rising price-cut pressure.
Key stats
- 25.3% of measured ZIP markets show softer conditions.
- 28.5% of measured ZIP markets show rising price-cut pressure.
- The middle ZIP home value is -53.6% versus the tracked-market benchmark.
- Month over month, the median ZIP market moved 0.0% on inventory and 0.0% on buyer competition.
- The middle ZIP rent is -34.6% versus the tracked-market benchmark.
- Measured ZIP markets
- 186
- Median ZIP home value
- $296,043
- Median ZIP rent
- $1,594
- Median buyer competition
- 47
Price and rent across local markets
The middle ZIP home value is -53.6% versus the tracked-market benchmark. The middle ZIP rent is -34.6% versus the tracked-market benchmark. The middle half of tracked ZIP home values runs from $230,180 to $532,027. The middle half of tracked ZIP rents runs from $1,398 to $1,847. Buyer competition across local ZIP markets runs from 43 at the 25th percentile to 51 at the 75th.
How broadly conditions are changing
25.3% of measured ZIP markets show softer conditions. 28.5% 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 0.0% on inventory and 0.0% on buyer competition. 9.7% of measured ZIP markets show accelerating new-listing supply. 7.0% of measured ZIP markets show accelerating pending demand. The share of softening ZIP markets here is +4.4% versus the tracked-market benchmark.
Continue your market research
- Harris County marketContinue from the regional view to a more specific local market.
- Dallas County marketContinue from the regional view to a more specific local market.
- Travis 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
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.