Texas Homebuyers Had More Options in Q3 of 2026
PR Newswire
AUSTIN, Texas, Oct. 20, 2026
Home availability increased in most markets, according to a Texas Realtors report
AUSTIN, Texas, Oct. 20, 2026 /PRNewswire-HISPANIC PR WIRE/ — Texas homebuyers had more homes to choose from in the third quarter, as active listings rose 2.8% statewide, according to the 2026 Q3 Texas Quarterly Housing Report released today by Texas Realtors. In 18 of 26 metro areas, home availability increased compared with the same period last year.
Median home prices rose in most markets but dipped slightly overall
The statewide median home sales price declined 0.4% from the same quarter last year to $333,628 in Q3 of 2026. However, most metros saw price increases, with median prices up in 15 of 26 markets, down in 10, and unchanged in one. The four largest metros each had decreases of 1.2% or less. The largest increases were in Abilene (22.0%), Texarkana (13.3%), and Beaumont-Port Arthur (10.7%). Price changes were less than 5% in 18 of 26 metros.
“Even though the Texas median went down a little, in most of our metros, prices went up. So, one number isn’t the whole story,” said Jennifer Wauhob, Chairman of Texas Realtors. “It’s a bit like a weather report: The statewide temperature can’t tell you how hot it is at your house.”
Closed sales were down statewide, with metros almost evenly divided
A slim majority of metros had fewer closed sales compared with the same quarter last year, with sales down in 14 metros and up in 12. Two of the four largest metros had more sales (Austin-Round Rock-San Marcos and San Antonio-New Braunfels), while two had fewer sales (Dallas-Fort Worth-Arlington and Houston-Pasadena-The Woodlands). The largest percentage increases were in Odessa (26.6%) and Texarkana (7.3%). The largest decreases were in Corpus Christi (-12.1%) and Abilene (-12.0%). Statewide, closed sales were down 2.4%.
Months of inventory did not change much
Statewide, months of inventory rose slightly from 5.4 to 5.5 months compared with Q3 last year. Months of inventory measures how long it would take to sell the homes currently on the market at the current pace of sales. Four to five months of inventory generally indicates a balance between supply and demand, according to the Texas Real Estate Research Center. Among metros, inventory was tightest in Abilene (2.4 months), Amarillo (3.1), and Odessa (3.1), while it was highest in Eagle Pass (12.1 months), McAllen-Edinburg-Mission (9.2), and Corpus Christi (9.0).
“More homes on the market and more time to decide can feel like great news to a buyer but may test a seller’s patience. It all depends on where you’re standing, and it especially matters which neighborhood you’re standing in,” Wauhob said. “Every market has its own rhythm, and your Texas Realtor knows the beat where you live.”
About the Texas Quarterly Housing Report
Data for the Texas Quarterly Housing Report is provided by the Data Relevance Project, a partnership among local REALTOR® associations and their MLSs, and Texas REALTORS®, with analysis by the Texas Real Estate Research Center at Texas A&M University. The report provides quarterly real estate sales data for Texas and 26 metropolitan statistical areas in the state. Note that external factors such as MSA boundaries being redrawn by the U.S. Office of Management and Budget may affect comparisons to previous reports.
About Texas REALTORS®
With more than 145,000 members, Texas REALTORS® is a professional membership organization that represents all aspects of real estate in Texas. We are the advocate for REALTORS® and private property rights in Texas.
CONTACT
David Gibbs
Hahn Agency
david.gibbs@hahn.agency
SOURCE Texas Realtors
