Is Now a Good Time to Buy or Sell a Home in Houston?

If you’ve been thinking about jumping into the Houston real estate market—either to buy your first home or sell the one you're in—you’re not alone. A lot of people are asking the same question right now: Is this a good time?

Let’s break it down and take a look at what’s going on in Houston’s housing scene this spring.

What’s the Market Looking Like?

Houston’s housing market is starting to heat up again after a bit of a cooldown last year. Home prices are rising modestly, but not at the breakneck pace we saw a couple of years ago. Inventory has been slowly increasing, which means buyers finally have more options to choose from—and sellers need to stay competitive.

Mortgage rates are still higher than they were during the pandemic lows, but they’ve stabilized a bit, and some experts think they may dip later in the year. That said, they’re still hovering around 6.5–7%, which is higher than what a lot of folks are used to. So, while buyers aren’t necessarily getting bargain rates, the predictability is helping some feel more confident moving forward.

If You’re Thinking About Buying…

There’s some opportunity here, especially if you’ve been waiting for the frantic bidding wars to cool down. With more homes on the market and sellers willing to negotiate a little more than they were in 2021 or 2022, you might be able to snag a good deal—especially if you're patient and flexible.

However, keep your budget in check. Higher interest rates mean monthly payments will still be up there, even if the listing price isn’t sky-high. Working with a lender ahead of time to get pre-approved can help you know exactly what you can afford.

If You’re Looking to Sell…

You’re in a decent spot, too—but you’ll want to be smart about your listing strategy. Homes that are priced right and show well are still moving relatively quickly. It’s just not quite the feeding frenzy we saw a couple of years back.

Staging your home, making minor repairs, and pricing it competitively can really make a difference. Buyers are more cautious right now, so standing out matters more than ever.

So… Is It a Good Time?

It kind of depends on your personal situation. If you're buying, it's a much calmer market than it was in the past couple of years, and you have a little more room to breathe. If you're selling, there's still demand—especially in desirable neighborhoods—but pricing and presentation are key.

If you’re doing both (selling and buying), now might be a sweet spot. You can still get a fair price for your home, and you won’t be thrown into a bidding war on the other side of the deal.

Final Thoughts

Houston’s real estate market isn’t quite as wild as it was in 2021, but that’s actually good news for a lot of people. Whether you’re buying or selling, there are opportunities—you just need to go in with a clear strategy and realistic expectations.

Got questions about your specific neighborhood or price range? Let’s chat!