Texas Real Estate Market Update: May 2026 This report provides a factual overview of key real estate market indicators in Texas for May 2026, relevant for For Sale By Owner (FSBO) sellers.
Median Home Prices In May 2026, the statewide median home price in Texas was \$365,000.
This represents a 2.8% increase compared to May 2025.
Median prices varied across major metropolitan areas.
For instance, the Dallas-Fort Worth-Arlington metropolitan statistical area (MSA) recorded a median home price of \$410,000.
The Houston-The Woodlands-Sugar Land MSA saw a median price of \$355,000.
In the Austin-Round Rock-Georgetown MSA, the median home price was \$495,000, while the San Antonio-New Braunfels MSA reported a median of \$320,000.
These figures reflect the price at which half of all homes sold for more and half sold for less during the reporting period.
Days on Market (DOM) The average days on market (DOM) for homes sold across Texas in May 2026 was 48 days.
This figure indicates the typical time from when a property was listed for sale until it went under contract.
This represents a slight increase of 5 days compared to May 2025.
Specific regional variations were observed: homes in the Dallas-Fort Worth area averaged 42 days on market, while properties in the Houston area averaged 50 days.
Austin-area homes recorded an average of 55 days on market, and San Antonio properties averaged 45 days.
Buyer Demand Buyer demand in Texas, as measured by the ratio of new listings to pending sales, remained consistent in May 2026.
The statewide pending sales volume increased by 1.5% year-over-year.
Mortgage interest rates for a 30-year fixed-rate mortgage averaged 6.8% during May 2026, according to Freddie Mac data.
The total number of closed sales statewide for May 2026 was 32,500, a 2.1% increase from May 2025.
This metric reflects the number of transactions completed during the month, indicating active buyer participation in the market.
Inventory Levels Statewide housing inventory in Texas stood at 3.2 months of supply in May 2026.
This metric indicates how long it would take for all current homes on the market to sell at the current sales pace if no new homes were listed.
This represents an increase from 2.9 months of supply recorded in May 2025.
A balanced market is typically considered to have 6 to 6.5 months of supply.
In the Dallas-Fort Worth area, inventory was 2.9 months.
Houston reported 3.4 months of supply.
Austin's inventory reached 3.8 months, while San Antonio had 3.0 months of supply.
The total number of active listings across Texas increased by 8.5% compared to May 2025, reaching 104,000 active listings.