Houston Homebuyers Enjoy More Choices in Growing Market

Single-family home sales in Greater Houston dropped 11.5%, with a 20.1% decrease since 2019. The median home price fell by $5,000 to $330,000. Affordability improved, showing year-over-year growth for 22 of the last 25 months, aided by lower monthly principal and interest payments. Buyers have more options and time, while sellers benefit from stable prices, indicating a healthier market.