Texas
Local Housing Market · Zillow ZHVI · March 2026
$300,957
Typical Home Value
▼ 2.2% YoY ▼ 0.10% MoM
6.37%
30Y Mortgage Rate
PMMS · May 07, 2026
44bps
YoY Rate Change
▼ Lower than 1yr ago
199bps
30Y/10Y Spread
Norm ~170bps
🏘 Texas Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$300,957
▼ 2.2% YoY
Month-over-Month
▼ 0.10% MoM
March 2026
Data Period
March 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.37%
PMMS · May 07, 2026
15Y Fixed
5.72%
PMMS · May 07, 2026
1yr Ago 30Y
6.81%
▼ Rates lower now
30Y/10Y Spread
199bps
Tight · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Texas
Market Indicators
REALTOR.COM🏦 LO Market Signal · April 2026
• Inventory is up 3.2% YoY and listing prices are softening 3.5% YoY with 19.9% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 53 days — a slower market. Pending ratio is 0.34 — moderate demand, purchase timelines are manageable.
• New listings are declining 3.5% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$359,950
▼ 3.5% YoY
Median Days on Market
53d
0d YoY
Active Listings
127,223
▲ 3.2% YoY
New Listings
45,424
▼ 3.5% YoY
Price Reduced Share
19.9%
of active listings
Pending Ratio
0.34
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Texas
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · April 2026
Midland
▼ COOLING
National rank #84
Median Price
$438,500
Median DOM
40d
Demand score 65/100
Abilene
▼ COOLING
National rank #96
Median Price
$325,625
Median DOM
43d
Demand score 67/100
Amarillo
▼ COOLING
National rank #98
Median Price
$315,250
Median DOM
43d
Demand score 64/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply