Houston Home Sales Slip 5.7% in September as Mortgage Rates Rise
Photo: Ed Uthman, Houston, Texas, US / Wikimedia Commons (CC BY 3.0), file photo
Real Estate & Housing

Houston Home Sales Slip 5.7% in September as Mortgage Rates Rise

HAR reported 7,030 single-family sales, a flat $325,000 median and a 30-year rate of 6.86%, up from 6.35% a year earlier.

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Greater Houston's housing market cooled in September, with sales down and listings up, according to Houston Association of Realtors (HAR) data released Oct. 14.

Single-family home sales totaled 7,030, down 5.7% from September 2025. The median price slipped 0.3% to $325,000, while the average rose 0.7% to $421,311. Active listings climbed 6.3% to 40,192, months of inventory rose to 5.5 from 5.1 (the national figure was 4.8), and average days on market reached 58. Pending sales fell 11.6% to 6,789.

Rates bite

The Freddie Mac 30-year mortgage rate was 6.86%, up from 6.35% a year earlier. HAR estimated principal and interest on a median-priced home with 20% down at $1,705.41 a month, up $83.12 from a year earlier.

Other segments

Existing-home sales were roughly flat at 5,062, with the average price down 1.1% to $427,110. Townhome and condo sales fell 21.0% to 323, and their median dropped 9.1% to $209,000. Across all property types, 8,181 sales brought in $3.45 billion, down 2.1%.

Sources: My Neighborhood News — Houston housing, Sept. 2026.

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