Blog > Houston Home Prices by Neighborhood: 12 Months of Sales Through September 2026
Houston Home Prices by Neighborhood: 12 Months of Sales Through September 2026
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The short answer
- The median single-family price in Greater Houston was $325,000 in September 2026, essentially flat from a year earlier, according to HAR.
- Inventory rose to 5.5 months, and homes took 58 days on average to sell. Buyers have more choices and more room to negotiate than they've had in years.
- Over the last 12 months, typical prices in the neighborhoods we cover ranged from about $285,000 in Clear Lake to $2.5 million in River Oaks.
- The most sales happened in Katy, Spring, Cypress and Richmond.
"Are prices dropping?" is the question I hear most this fall. The honest answer is that Houston prices are holding steady overall, but the market has shifted. With mortgage rates back above 7%, more homes are sitting longer, sellers are offering more help with closing costs, and the gap between a well-priced home and an overpriced one is wider than it's been in a long time.
Below is our own 12-month look at prices in 29 Houston neighborhoods and suburbs, plus the latest metro numbers.
The Houston market right now (September 2026)
| Greater Houston, single-family | September 2026 | A year earlier |
|---|---|---|
| Median price | $325,000 | $325,990 |
| Homes sold | 7,030 | down 5.7% |
| Active listings | 40,192 | up 6.3% |
| Months of inventory | 5.5 | 5.1 |
| Average days on market | 58 | 56 |
| 30-year mortgage rate (Freddie Mac, Oct. 15) | 7.40% | 6.27% |
Townhomes and condos are softer: their median fell 9.1% to $209,000, with 9.3 months of inventory.
Inside the City of Houston itself, our MLS data shows 24,819 closed sales from October 2025 through September 2026. The monthly median ranged from about $295,000 in January to $330,000 in June, and was about $300,000 in September.
Home prices by neighborhood, last 12 months
These figures cover closed MLS sales from October 2025 through September 2026. The typical price is the median of the 12 monthly medians, which smooths out one-off months. Neighborhoods are listed from closest to farthest from downtown.
| Neighborhood | Sales (12 months) | Typical median price | Average price |
|---|---|---|---|
| EaDo | 61 | $365,000 | $377,000 |
| Midtown | 109 | $361,000 | $368,000 |
| Montrose | 534 | $658,000 | $747,000 |
| Woodland Heights | 113 | $873,000 | $1,046,000 |
| Near Northside | 218 | $330,000 | $346,000 |
| Museum District | 72 | $521,000 | $564,000 |
| Rice Military | 109 | $621,000 | $640,000 |
| River Oaks | 134 | $2,536,000 | $3,055,000 |
| Greater Heights | 1,095 | $681,000 | $814,000 |
| West University Place | 176 | $1,825,000 | $1,967,000 |
| Lazybrook / Timbergrove | 214 | $635,000 | $671,000 |
| Garden Oaks | 85 | $910,000 | $1,044,000 |
| Bellaire | 209 | $1,239,000 | $1,209,000 |
| Memorial | 630 | $802,000 | $935,000 |
| Spring Branch (four HAR areas) | 1,259 | about $500,000 | $587,000 |
| Pearland | 1,390 | $373,000 | $394,000 |
| Missouri City | 1,489 | $391,000 | $457,000 |
| Sugar Land | 1,375 | $446,000 | $537,000 |
| Friendswood | 762 | $411,000 | $526,000 |
| Clear Lake | 1,115 | $285,000 | $325,000 |
| Spring | 4,152 | $344,000 | $433,000 |
| League City | 1,614 | $400,000 | $431,000 |
| Cypress | 3,619 | $406,000 | $486,000 |
| Richmond | 2,932 | $376,000 | $439,000 |
| Katy | 6,118 | $346,000 | $414,000 |
| Kingwood | 833 | $350,000 | $405,000 |
| Tomball | 1,686 | $379,000 | $454,000 |
| The Woodlands | 1,330 | $588,000 | $794,000 |
| Fulshear | 1,854 | $450,000 | $520,000 |
Source: closed MLS sales through our website's market data, October 2025 to September 2026. Suburbs use the postal city, which can extend beyond city limits. Inner Loop figures include single-family homes, townhomes and condos, which is why areas like Midtown and EaDo, with lots of townhomes and condos, show lower typical prices than nearby single-family neighborhoods.
What the numbers tell me
- Prices are flat, not falling, across the metro. The September median was within $1,000 of last year's. Individual neighborhoods move differently, and the condo and townhome market is clearly weaker.
- Buyers have leverage again. At 5.5 months of inventory, we're close to what most people call a buyer's market (about six months). In our recent deals, sellers covering $3,500 to $11,000 of a buyer's closing costs or repairs has been common.
- Pricing matters more than ever. Homes priced right in the first two weeks still sell. Homes that start too high sit, and then usually sell for less than if they'd been priced right from day one.
- Seasonality is real. In the City of Houston, the monthly median ran about 12% higher in June than in January this past year. Spring is still the strongest time to list.
What it means if you're buying
You can negotiate. Ask for help with closing costs, which can also be used to buy down your interest rate if your lender allows it. Use your option period for real inspections, and don't skip the flood and tax research. My guides on property taxes and flood zones walk through both.
What it means if you're selling
Price from the homes buyers will compare yours to right now, not from last spring's highs. Present the home well, have your repair records ready, and expect a negotiation after inspections. We put a written pricing analysis and a net sheet in front of every seller before we list. Here's what's included when you sell with us.
Houston home price questions
What is the median home price in Houston right now?
The median single-family price in Greater Houston was $325,000 in September 2026, according to HAR. Inside the City of Houston, the median of all closed residential sales was about $300,000 that month.
Are Houston home prices dropping?
Not overall. The metro median was essentially flat from a year earlier, but townhome and condo prices fell about 9% and individual neighborhoods vary, so look at your specific area.
Is Houston a buyer's market in 2026?
It's close. Inventory reached 5.5 months in September 2026, near the roughly six months many consider a buyer's market, and homes averaged 58 days on the market.
What are the most expensive neighborhoods in Houston?
Among the areas we track, River Oaks had a typical median of about $2.5 million over the last 12 months, followed by West University Place at about $1.8 million and Bellaire at about $1.24 million.
Where do the most homes sell in the Houston area?
Katy had the most closed sales of the areas we track over the last 12 months, about 6,100, followed by Spring, Cypress and Richmond.
Want the numbers for your street? I'll send you recent sales near your home or the area you're considering, with my honest read on pricing. Call or text (832) 777-3904 or get a home value estimate.
Sources
- HAR: monthly housing update and MLS sales activity
- Houston Agent Magazine: HAR September 2026 market update
- Freddie Mac: Primary Mortgage Market Survey
- Compean Group analysis of closed MLS sales, October 2025 to September 2026
About the author: Evan Compean is the founder of Compean Group, a Houston real estate team and brokerage at 802 W. Patton St. He has invested in Houston real estate since 2002, holds TREC license 617930, and has helped sell 1,000+ homes over 15 years. Why clients work with us.