Houston Real Estate in Numbers - 14380 Homes for Sale and What It Means
Houston has 14,380 active listings, a median list price of $321,535, and just 19 percent of homes closing at or above asking - giving buyers more negotiating room than the 3.2 months of supply figure alone suggests.
The state of play
Houston currently has 14,380 homes on the market, with roughly 4,474 new listings coming online each month. At the current sales pace, that translates to about 3.2 months of supply - a level that technically sits in seller's market territory, where anything under four to five months typically favors sellers. But the raw inventory number tells a more layered story: with more than 14,000 active listings competing for buyers, sellers do not have the kind of grip that a tight market implies. Buyers have options, and that matters when it comes to how offers actually get written.
Only 1 in 5 Houston homes closes at or above asking price - meaning the list price is where negotiation starts, not where it ends.
What prices are actually doing
The median list price in Houston is $321,535, while the median sold price over the last 12 months sits at $315,422 - a gap of about $6,113 between what sellers ask and what buyers actually pay. That gap is a useful signal on its own, but the sharpest data point is this: only 19 percent of homes close at or above their asking price. That means roughly 8 in 10 homes are selling below list. For buyers, this suggests there is genuine room to negotiate in most transactions - the list price is closer to a starting point than a floor. For sellers, it means pricing with precision matters more than pricing with ambition; a home that comes in too high is likely to sit, and at an average of 73 days on market, sitting is expensive.
- Median list price: $321,535
- Median sold price, last 12 months: $315,422
- Closing at or above asking: 19%
What this means if you're moving this year
If you are buying in Houston right now, the data works in your favor in a specific way: the inventory is there, the typical home is selling below asking, and you are unlikely to face the kind of multiple-offer environment where waiving contingencies becomes standard practice. That said, 3.2 months of supply is not a buyer's market outright - well-priced homes in strong locations can still move without much resistance. Come in with a number grounded in the $315,422 median sold price rather than the list price, and build your offer from there. If you are selling, the 73-day average is the number to take seriously. Homes that are priced right from day one tend to avoid the slow bleed of price reductions that can follow a stale listing. The 19 percent at-or-above-ask figure is not discouraging - it just means the sellers landing in that group are almost certainly the ones who listed with realistic expectations and kept their home in strong showing condition.
On the market right now
A few homes that just came up in Houston, pulled live from the MLS as you read this.
