Texas
Local Housing Market · Zillow ZHVI · July 2026
$301,806
Typical Home Value
▼ 1.8% YoY ▼ 0.22% MoM
6.65%
30Y Mortgage Rate
PMMS · Aug 20, 2026
9bps
YoY Rate Change
▲ Higher than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Texas Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$301,806
▼ 1.8% YoY
Month-over-Month
▼ 0.22% MoM
July 2026
Data Period
July 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.65%
PMMS · Aug 20, 2026
15Y Fixed
5.95%
PMMS · Aug 20, 2026
1yr Ago 30Y
6.56%
▲ Rates higher now
30Y/10Y Spread
195bps
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 · July 2026
• Inventory is down 2.5% YoY and listing prices are softening 2.7% YoY with 23.1% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 60 days — a slower market. Pending ratio is 0.29 — moderate demand, purchase timelines are manageable.
• New listings are declining 2.5% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$365,000
▼ 2.7% YoY
Median Days on Market
60d
0d YoY
Active Listings
137,518
▼ 2.5% YoY
New Listings
39,136
▼ 2.5% YoY
Price Reduced Share
23.1%
of active listings
Pending Ratio
0.29
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) · July 2026
Abilene
▼ COOLING
National rank #61
Median Price
$335,000
Median DOM
41d
Demand score 73/100
Amarillo
▼ COOLING
National rank #78
Median Price
$303,750
Median DOM
45d
Demand score 72/100
Midland
▼ COOLING
National rank #96
Median Price
$435,000
Median DOM
46d
Demand score 63/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply