Houston Real Estate Right Now - 16175 Homes for Sale and What It Means for You
Houston has 16,175 active listings and a median list price of $318,048, but homes are actually selling at a median of $308,677 - a $9,371 gap that tells you where the real negotiating room is.
The state of play
Houston is carrying 16,175 active listings right now, with 5,324 new listings added in just the last 30 days. At a sales pace of roughly 5,245 homes per month, that works out to about 3.1 months of supply - a level that technically favors sellers, though not by a wide margin. Buyers have more options than they did in the tightest years of recent memory, but the inventory isn't so heavy that sellers are losing control of conversations. Both sides have something to work with here, which makes reading the actual numbers more important than ever.
At about 3.1 months of supply, Houston sits in a seller's market territory.
Source: Houston MLS · Houston · active inventory vs. trailing-12-month sales pace
Only 18 percent of Houston homes close at or above asking price - meaning the typical deal has real negotiating room, and buyers who know that walk in with an edge.
What prices are actually doing
The median list price on active Houston homes sits at $318,048, but the median price homes actually sold for over the last 12 months is $308,677 - a gap of $9,371. That gap matters. It tells you that sellers are listing with some optimism built in, and buyers who come in at or near list price aren't automatically overpaying - they're landing close to where deals are actually closing. The at-or-above-ask figure reinforces this: only about 18 percent of homes close at or above their asking price. That means roughly 82 percent of buyers are negotiating some reduction, which suggests there is real room to work with on most listings. Average days on market is 74 days, meaning sellers who price tight from day one move faster, and buyers who are patient on overpriced listings often see those prices come down.
- Median list price: $318,048
- Median sold price, last 12 months: $308,677
- Closing at or above asking: 18%
Active listings carry a median of $318,048; homes have closed at a median of $308,677 over the last year — a $9,371 gap worth understanding before you price or offer.
Source: Houston MLS · Houston · active inventory vs. trailing-12-month closings
About 18% of recent Houston sales closed at or above the asking price — your read on how much room there is to negotiate.
Source: Houston MLS · Houston · last 12 months
What this means if you're moving this year
If you are buying in Houston right now, the data is in your corner on price negotiation. With 82 percent of deals closing below asking and a $9,371 median gap between list and sold, coming in at full ask on most homes means you are probably leaving money on the table. The 74-day average time on market is also useful leverage - a home that has been sitting for six weeks or more has almost certainly already found its price ceiling with other buyers, and the seller knows it. That said, 3.1 months of supply is not a buyer's paradise - well-priced homes in sought-after pockets still move, and the 18 percent of homes that do close at or above ask are a reminder that not every listing has wiggle room. If you are selling, the 3.1 months of supply still tilts conditions in your direction compared to a balanced market, but the 74-day average days on market and that $9,371 list-to-sold gap are signals that Houston buyers are doing their homework. Pricing at or just below the median $318,048 list price is more likely to get you a clean, faster offer than pricing above it and waiting. The sellers who are winning right now are the ones being honest about where comparable homes are actually closing - not where they hope the market might stretch.
On the market right now
A few homes that just came up in Houston, pulled live from the MLS as you read this.
