The Houston housing market has undergone significant changes since the pandemic. Home prices and mortgage rates have increased substantially, slowing down the market. This shift has priced out many potential buyers and sellers.

In recent times, affordability has slowly improved, prompting more consumers to explore the market. Buyers now face less competition, giving them more negotiating power. Further details on the current state of the Houston market in 2026, including the time it takes to buy a house and sale prices relative to asking prices, are available from Redfin Real Estate's analysis.