Texas

Local Housing Market · Zillow ZHVI · September 2026

$296,424

Typical Home Value

▼ 1.4% YoY ▼ 0.05% MoM

7.40%

30Y Mortgage Rate

PMMS · Oct 15, 2026

121bps

YoY Rate Change

▲ Higher than 1yr ago

230bps

30Y/10Y Spread

Norm ~170bps

🏘 Texas Home Values

Zillow Home Value Index (ZHVI)

Zillow

Typical Home Value

$296,424

▼ 1.4% YoY

Month-over-Month

▼ 0.05% MoM

September 2026

Data Period

September 2026

Updated monthly

Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly

📊 National Mortgage Rates

Current Mortgage Rates

Freddie Mac PMMS

30Y Fixed

7.40%

PMMS · Oct 15, 2026

15Y Fixed

6.71%

PMMS · Oct 15, 2026

1yr Ago 30Y

6.19%

▲ Rates higher now

30Y/10Y Spread

230bps

Normal · 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 · September 2026

• Inventory is up 0.9% YoY and listing prices are softening 2.5% YoY with 22.6% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.

• Homes are selling in a median 66 days — a slower market. Pending ratio is 0.26 — moderate demand, purchase timelines are manageable.

• New listings are roughly flat 1.1% YoY. Seller activity is stable.

Median Listing Price

$355,765

▼ 2.5% YoY

Median Days on Market

66d

0d YoY

Active Listings

137,129

▲ 0.9% YoY

New Listings

34,142

▼ 1.1% YoY

Price Reduced Share

22.6%

of active listings

Pending Ratio

0.26

pending ÷ active

Realtor.com Research · State-level inventory data · Updated monthly

Hottest Markets in Texas

REALTOR.COM

Top metros by national hotness rank (supply + demand composite) · September 2026

Abilene

▼ COOLING

National rank #62

Median Price

$335,000

Median DOM

42d

Demand score 67/100

Amarillo

▼ COOLING

National rank #76

Median Price

$315,000

Median DOM

49d

Demand score 73/100

Midland

▼ COOLING

National rank #96

Median Price

$430,000

Median DOM

50d

Demand score 64/100

Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply