Real estate report

Here's how much Houston home prices have jumped in just 5 years

Home prices in Houston are going up, but not as fast as other North American markets.

Photo courtesy of SWRE Real Estate Services

Houston is one of the most buyer-friendly housing markets in the country, but that doesn't mean home prices are stagnant. In fact, local home prices have seen a double-digit increase in recent years, according to a new report.

Real estate news site Point2 Homes reports that from December 2013 to December 2018, Houston's median home price increased from $188,500 to $240,000, a 27 percent jump that equates to an additional cost of $51,500. And while that may seem steep, Houston actually had the third lowest home price growth of the Texas metros studied and 16th lowest in North America.

Neighboring Fort Worth outpaced the rest of the state and was one of 18 North American cities with a price jump over 50 percent (in all, 83 metros were reviewed). The median home price in Cowtown grew 52 percent, from $148,000 in December 2013 to $225,000 in December 2018, a $77,000 jump.

By comparison, other Texas metros saw relatively modest growth. Austin had a 33 percent jump ($226,000 to $301,391), and San Antonio saw a 32 percent increase ($171,400 to $226,200). Dallas had the second lowest home price growth among the Texas cities studied, with a median home price increase of 24 percent ($229,900 to $285,000). At 12 percent, El Paso had the lowest median home price growth in the state (from $137,650 to $154,000).

"Compared to just five years ago, 40 cities in the U.S., 31 in Mexico, and 10 in Canada have seen significant home price hikes, putting considerable strain on the average homebuyer. With more and more people opting for a connected, urban lifestyle, and with the younger generation’s desire to reduce commute time, demand for urban housing is skyrocketing," the report says.

Detroit topped the North America list with a surprising 97 percent increase in home price but a net increase of only $30,143. San Francisco, however, saw the highest net increase: a staggering $550,000 price increase in just five years.

home-for-sale lists rankings reports texas trends

real estate report

Houston new home prices are falling while sales climb, report says

Photo by André François McKenzie on Unsplash

Houston's housing market is showing good signs ahead of summer, according to the report.

A new HomesUSA.com report tracking the sales of new homes in the Houston metro has revealed a promising increase in May's new home sales, and improving prices are allowing new homes to sell at a slightly faster rate than in April.

The New Home Sales Report tracks three-month moving averages across Houston's housing market and also tracks real estate data in Dallas-Fort Worth, Houston, and San Antonio.

New home sales in Houston rose to 2,169 closed transactions in May, up from 1,958 in April, and they sold for near asking price with the average sales-to-list price ratio at 95.34 percent. The average price for a new home in the Houston area fell to $398,646 last month, a $4,355 decrease from April, the report found.

Current new home prices are still over $5,000 more expensive than they were this time last year, but the month-to-month downward trend could help ease prices further into the summer.

The average days on market — meaning the average time it takes to sell a new home — also showed a slight improvement month-over-month, at 108.90 days, down from 110.70 days in April.

New homes in the city are taking longer to sell now than they were a year ago, when the days on market was 96.26 days in May 2025. However, the report adds clarification that new homes typically spend more time on the market than existing homes because many are listed for sale while still under construction.

HomesUSA.com CEO Ben Caballero predicted May's new home sales could be "the highest for the year if interest rates remain at the current level or higher."

"May brought another encouraging increase in Houston new home sales, but the market is about where it was a year ago," he said. "Houston builders are seeing homes sell a little faster than they did in April, which is good news. But higher inventory, stubborn mortgage rates and mixed year-over-year comparisons show this spring market still requires patience, pricing discipline and close attention to buyer demand."

Houston nearly leads the nation with the second-highest rate of new home construction in 2026.

real estate report housing market real estate home for sale