Texas Homebuyers Prefer New Construction Over Existing Homes: A Growing Trend

The Rising Preference for New Homes Among Texas Homebuyers

A recent study by Texas Realtors has unveiled a significant trend in residential real estate: Texans are increasingly choosing new constructions over existing homes. This new data is based on the "2025 Texas Homebuyers and Sellers Report," which surveyed transactions that occurred between July 2023 and June 2024. The findings show that a striking 30% of buyers in Texas opted for newly built homes, which is significantly higher than the national average of just 15%. This trend is not only helping to shape the housing market in Texas but also reflecting broader shifts in consumer preferences across the country.

New Home Sales: A Historical Look

The report highlights that the rate at which first-time homebuyers are entering the market has hit an all-time low, now accounting for only 20% of all purchases in Texas. Nationally, first-time buyers represent 24%—also a record low. This decline in first-time buyers raises concerns about accessibility and affordability in the housing market. First-time buyers once made up a more robust segment, often leading the charge in housing market dynamics.

Average Age of Homebuyers Increases

Further reflecting on this shifting landscape, the average age of homebuyers in Texas has reached a record high of 58 years. This represents a significant increase from previous years when the average dropped to 49. This upward trend suggests that older buyers are either staying in the market longer or that younger buyers are facing barriers to entry, which is essential for policymakers and stakeholders to consider as they work to create more accessible housing options.

Multigenerational Living: A New Norm

One notable aspect of the report points to the growing popularity of multigenerational homes. In Texas, 24% of homebuyers expressed intentions to share their living spaces with adult children, aging parents, or other relatives. Nationally, this figure stands slightly lower at 17%. The increase in multigenerational households could be attributed to rising living costs and a cultural shift towards shared living arrangements, which provide economic benefits and emotional support for families.

Seller Dynamics: A Cautious Approach

The sellers' side of the equation paints an equally interesting picture. Nearly 49% of sellers in Texas reported they are willing to wait for the right offer, indicating a more cautious approach in the current market. Only 15% feel a pressing need to sell quickly, while 37% stated they could sell within a reasonable timeframe if necessary. Remarkably, about 31% of sellers managed to list their homes and attract buyers in a week or less. This responsiveness in the market reflects both confidence and careful strategizing among those looking to relocate closer to family and friends.

Consumer Satisfaction with Real Estate Agents

In terms of customer satisfaction, Texas Realtors are performing exceptionally well. An impressive 89% of homebuyers indicated they would likely work with their agent again, with 74% stating they would do so definitively. Sellers echoed this sentiment, with 87% reporting similar positive experiences with their agents. Christy Gessler, President of Texas Realtors, emphasized the ongoing commitment of Realtors to building strong client relationships, which is pivotal for navigating the complexities of the home buying and selling process.

Conclusion: A Shifting Housing Landscape

As the housing landscape continues to evolve, these findings suggest that Texas is at the forefront of several key trends—ranging from preferences for new constructions to the rise of multigenerational living. Understanding these patterns will be essential for real estate professionals, prospective buyers, and policymakers alike as they respond to the diverse needs of Texas residents. The 2025 Texas Homebuyers and Sellers Report serves as a crucial resource for those wishing to comprehend the dynamic forces shaping the state’s real estate market today.

Every sector, from developers to real estate agents, must adapt to these changes to meet the increasing demand for innovative housing solutions that accommodate modern living requirements.