Texas
Local Housing Market · Zillow ZHVI · May 2026
$302,550
Typical Home Value
▼ 1.9% YoY ▼ 0.31% MoM
6.49%
30Y Mortgage Rate
PMMS · Jul 09, 2026
26bps
YoY Rate Change
▼ Lower than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Texas Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$302,550
▼ 1.9% YoY
Month-over-Month
▼ 0.31% MoM
May 2026
Data Period
May 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.49%
PMMS · Jul 09, 2026
15Y Fixed
5.82%
PMMS · Jul 09, 2026
1yr Ago 30Y
6.75%
▼ Rates lower 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 · June 2026
• Inventory is down 1.3% YoY and listing prices are softening 3.2% YoY with 22.7% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 58 days — a slower market. Pending ratio is 0.32 — moderate demand, purchase timelines are manageable.
• New listings are declining 4.0% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$365,868
▼ 3.2% YoY
Median Days on Market
58d
0d YoY
Active Listings
136,503
▼ 1.3% YoY
New Listings
42,488
▼ 4.0% YoY
Price Reduced Share
22.7%
of active listings
Pending Ratio
0.32
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) · June 2026
Abilene
▼ COOLING
National rank #90
Median Price
$335,000
Median DOM
41d
Demand score 67/100
Midland
▼ COOLING
National rank #98
Median Price
$435,450
Median DOM
42d
Demand score 63/100
Amarillo
▼ COOLING
National rank #124
Median Price
$317,700
Median DOM
46d
Demand score 62/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply