One Houston market is up 17%. Another is down 9%. Yours is probably neither.
43% of Houston listings had already cut their price. Plus what moved that week, five sub-markets, three homes worth a look — and why a flat citywide median hides a market that’s up 17% at the top and down 9% in townhomes.
This week in HoustonWhat actually changed since last Wednesday
Greater Houston (9-county metro) · single-family · live listing data · per HAR MLS via Repliers
Nearly three in seven homes on the market here are asking less than they did the day they listed — 16,044 of them, median cut 4.6%. Nationally that runs closer to 36%. Houston sellers are adjusting faster than the country is. If you’re buying, list price is a starting point more often than it isn’t.
Sub-marketsHow that splits across the metro
Houston isn’t one market. Same week, same data, five very different reads — and the spread between them is wider than the metro number suggests. Median sale price and days on market: trailing 90 days of closed sales per HAR MLS. Price-cut share and active counts: live listing data as of the send date.
| Sub-market | Active · new this week | Median sale | Days on mkt | Cut price |
|---|---|---|---|---|
| Fort Bend / SouthwestRichmond · Missouri City · Sugar Land · Fulshear · Rosenberg · Stafford | 3,944 · 439 | $400,000 | 30 | 45.5% |
| SouthPearland · Manvel · Rosharon · Alvin · Iowa Colony · Medical Center South | 1,914 · 199 | $343,000 | 29 | 40.3% |
| East / NortheastBaytown · Crosby · New Caney · Dayton · Huffman · Mont Belvieu | 2,201 · 221 | $279,900 | 33 | 49.1% |
| NorthSpring · Conroe · Montgomery · The Woodlands | 4,699 · 511 | $379,149 | 30 | 44.0% |
| NorthwestCypress · Magnolia · Tomball · Hockley · Waller | 4,110 · 478 | $360,000 | 34 | 47.3% |
Market snapshotGreater Houston at a glance
9-county metro · single-family · trailing 90 days · per HAR MLS via Repliers · as of Jul 28, 2026
RatesThis week’s mortgage rates
The 30-yr fixed peaked at 6.85% the Thursday before and came down every session since, closing that night at 6.76% — a basis point below where it sat the previous Wednesday. At 6.76%, principal & interest on a $350,000 home with 10% down runs about $2,045/month.
Source: Mortgage News Daily — 30-yr fixed as of Jul 28; FHA as of Jul 27, 2026. Run your own numbers on my calculator.
From the blogOne Houston market is up 17%. Another is down 9%. Yours is probably neither.
The median Houston home sold for $345,000 in June — flat against last June, which was flat against the one before it. Two years, no movement. Then you break the average apart and the flat line disappears. Over a million: up 17%. Townhomes and condos: down 9%. The middle, where most of us live, is the only part that’s actually flat.
On the marketThree worth a look that week
Prices and status as of the send date; listings may have since sold or changed.
$104/sqft against the area’s $157 median; new to market that week.
See it on EddieWeir.com →$125/sqft against the area’s $169 median; new to market that week.
See it on EddieWeir.com →$213/sqft against the area’s $231 median; listed within the prior two weeks; reduced about $40K from original list.
See it on EddieWeir.com →Your equityYou don’t have to be selling to know your number
With about 5.3 months of supply, pricing and preparation decide everything right now. But even if a move is a year out, it’s worth ten minutes to know where you stand.
LocalAround Houston that week
- Houston Restaurant Weeks — Saturday 8/1 through 9/7, citywide. Thirty-eight days of prix-fixe menus (brunch & lunch $25, dinner $39 or $55) run as a fundraiser for the Houston Food Bank.
- 4th Annual M-K-T White Linen Market — Saturday 8/1, 4–9 PM, M-K-T Heights, 600 N Shepherd, free. Open-air night market folded into White Linen Night in the Heights — family and pet friendly.
- Houston Shakespeare Festival: The Tempest — Saturday 8/1, 8:15 PM (Bard Talk at 7:45), Miller Outdoor Theatre, free. The 51st season, outdoors in Hermann Park; that performance was captioned.
Buying, selling, or investing this year? Book a 15-minute call — I’ll send back something useful: a value on your home, a shortlist that fits, or the numbers on a deal. No pressure, no pitch.
