Texas Housing Market Sees 4.9% Growth in Q3 of 2025

As the demand for housing continues to thrive, the Texas real estate market has exhibited noteworthy growth in the third quarter of 2025. Reports indicate that home sales have surged by an impressive 4.9% compared to the same quarter last year, with only four metropolitan areas witnessing declines in sales. This substantial uptick illustrates the ongoing appeal of Texas as a preferred location for buyers, supported by a robust economic environment, favorable for business, and job growth.

Positive Trends in Sales

According to the Texas Realtors' quarterly report, all metropolitan areas except for four sold more homes in Q3 2025 than in the previous year. Most markets reported increases exceeding the statewide average of 9%, signaling a healthy real estate ecosystem across the state. Christy Gessler, President of Texas Realtors, lauded the state's attractiveness for potential homeowners, remarking, "It’s no surprise that home sales are keeping pace due to Texas's welcoming atmosphere for new businesses and job creators. Real estate agents play a crucial role in bolstering this economic growth, benefitting not only home sellers but the entire community."

Price Dynamics and Availability

Interestingly, while the average home sale price across Texas dipped slightly by 1.5%, many metropolitan regions experienced price increases. In total, 14 areas reported rising prices, while 12 saw decreases when compared to Q3 of the previous year. The median sale price statewide now stands at $335,000, with Austin commanding the highest prices, and Wichita Falls noted for the lowest.

Moreover, there's been an increase in housing availability across almost all markets, except for three locations, with most registering rises of over 10%. The only significant decrease in inventory was observed in Abilene, which also recorded the largest percentage increase in sales closures.

Statewide, the months of inventory—a metric that indicates how long it would take to sell all current listings at the current sales pace—rose from 4.7 months last year to 5.5 months. According to the Texas Real Estate Research Center, a balanced market typically has four to five months of inventory, highlighting that most areas are currently experiencing a stable balance between supply and demand.

Extended Selling Period

The report also notes that homes are taking longer to sell, with half of Texas's metropolitan areas indicating an increase of one week or more in the time homes remain on the market. Conversely, only three areas showed a decrease, all of which were under a week. Midland and Odessa recorded the shortest selling times in the state, at 38 and 39 days, respectively, while, on average, homes statewide spent six days longer on the market compared to the prior year.

Gessler commented on the continued demand, stable pricing, and increasing availability of homes, suggesting that these factors contribute to a healthy real estate atmosphere in Texas. "However, every house and potential buyer is unique. A Texas Realtor agent is the most valuable resource to help navigate each specific situation, ensuring the best outcomes for sellers and buyers alike."

Enhanced Market Insights

In an effort to aid understanding and decision-making, the latest Texas Quarterly Housing Report has introduced new graphs that compare statistics across 26 metropolitan areas, presented in five pages of insightful visual data.

Conclusion

The Texas Quarterly Housing Report for Q3 2025 is produced through a collaborative effort involving local real estate associations, their multiple listing services (MLS), and Texas REALTORS®, with analyses conducted by the Texas Real Estate Research Center at Texas AM University. This report provides a comprehensive overview of real estate sales trends from both statewide and metropolitan perspectives. A Year-End Summary on Texas Real Estate will be released in February, replacing the fourth-quarter report. It's important to mention that statistical comparisons with past reports may not be accurate due to external factors, such as the redefinition of metropolitan boundaries by the U.S. Office of Management and Budget.

This foresight into the Texas housing landscape underscores the resilience of the market and the ongoing interest of buyers, setting the stage for a dynamic future in the real estate sector.