Texas Housing Market Stagnates at $340,000 Median Price

The statewide stagnation hides significant local volatility, according to the 2026 Q2 Texas Quarterly Housing Report. Prices climbed in 14 metropolitan areas, led by sharp increases in Texarkana at 16.6% and Abilene at 13.6%. Conversely, the state’s four largest metros saw price decreases of less than 1.5%. Texas Realtors Chairman Jennifer Wauhob noted that while a flat statewide number suggests stability, local conditions remain highly variable.

Transaction volume bucked the price trend, as closed sales rose 4.5% to 99,688 across the state. Eagle Pass saw the highest growth in volume at 22.9%. Despite the uptick in sales, homes lingered longer on the market, averaging 65 days—a three-day increase compared to the same period in 2025. Inventory levels tightened slightly, falling from 5.6 to 5.4 months, while active listings remained essentially flat with a marginal 0.2% rise, signaling a cooling in the growth of available supply observed in previous years.