House prices in the second most populous state in the United States, Texas, have increased more than two-fold since 2011. In 2023, the median house price reached 335,100 U.S. dollars, a decrease of 1.4 percent from the previous year. Texas is one of the more affordable states for buying a home with house prices below the national average.

Graph and download economic data for Housing Inventory: Median Listing Price Month-Over-Month in Texas (MEDLISPRIMMTX) from Jul 2017 to Jun 2025 about listing, TX, median, price, and USA.

House prices in the second most populous state in the United States, Texas have doubled since 2011. In 2023, the average house price reached 174.3 U.S. dollars per square foot, up from approximately 141 U.S. dollars in 2020. Despite the increase, the median home price was still below the national average.

Graph and download economic data for All-Transactions House Price Index for Texas (TXSTHPI) from Q1 1975 to Q1 2025 about appraisers, HPI, TX, housing, price index, indexes, price, and USA.

House prices in the Austin-Round Rock metropolitan area have increased more than two-fold since 2011. In 2023, the median house price reached 450,000 U.S. dollars, down by about 10.4 percent from 2022. This was substantially higher than the average house price in Texas.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Texas (MEDLISPRIPERSQUFEEMMTX) from Jul 2017 to May 2025 about square feet, listing, TX, median, price, and USA.

House prices in the Dallas-Fort Worth-Arlington metropolitan area have increased more than two-fold since 2011. In 2023, the median house price reached 395,000 U.S. dollars, down by about 1.3 percent from 2022. This was much higher than the average house price in Texas.

Graph and download economic data for Housing Inventory: Median Listing Price in Denton County, TX (MEDLISPRI48121) from Jul 2016 to May 2025 about Denton County, TX; Dallas; listing; TX; median; price; and USA.

House prices in the Houston-The Woodlands-Sugar Land metropolitan area have almost doubled since 2011. In 2023, the median house price reached 330,000 U.S. dollars, down by 1.5 percent from 2022. This was close to the average house price in Texas.

Graph and download economic data for Housing Inventory: Median Listing Price in Amarillo, TX (CBSA) (MEDLISPRI11100) from Jul 2016 to Jun 2025 about Amarillo, listing, TX, median, price, and USA.

House prices in the San Antonio-New Braunfels metropolitan area have doubled since 2011. In 2023, the median house price reached approximately 312,000 U.S. dollars, down by 2.5 percent from 2022. This was below the average house price for Texas.

Graph and download economic data for Housing Inventory: Average Listing Price in Lubbock, TX (CBSA) (AVELISPRI31180) from Jul 2016 to Jun 2025 about Lubbock, average, listing, TX, price, and USA.

Median Home Sale Price: sa: All Residential: Abilene, TX data was reported at 197.000 USD th in Jul 2020. This records an increase from the previous number of 184.000 USD th for Jun 2020. Median Home Sale Price: sa: All Residential: Abilene, TX data is updated monthly, averaging 149.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 197.000 USD th in Jul 2020 and a record low of 118.000 USD th in Feb 2013. Median Home Sale Price: sa: All Residential: Abilene, TX data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB057: Median Home Sale Price: by Metropolitan Areas: Seasonally Adjusted.

VITAL SIGNS INDICATOR Home Prices (EC7)

FULL MEASURE NAME Home Prices

LAST UPDATED August 2019

DESCRIPTION Home prices refer to the cost of purchasing one’s own house or condominium. While a significant share of residents may choose to rent, home prices represent a primary driver of housing affordability in a given region, county or city.

DATA SOURCE Zillow Median Sale Price (1997-2018) http://www.zillow.com/research/data/

Bureau of Labor Statistics: Consumer Price Index All Urban Consumers Data Table (1997-2018; specific to each metro area) http://data.bls.gov

CONTACT INFORMATION vitalsigns.info@bayareametro.gov

METHODOLOGY NOTES (across all datasets for this indicator) Median housing price estimates for the region, counties, cities, and zip code come from analysis of individual home sales by Zillow. The median sale price is the price separating the higher half of the sales from the lower half. In other words, 50 percent of home sales are below or above the median value. Zillow defines all homes as single-family residential, condominium, and co-operative homes with a county record. Single-family residences are detached, which means the home is an individual structure with its own lot. Condominiums are units that you own in a multi-unit complex, such as an apartment building. Co-operative homes are slightly different from condominiums where the homeowners own shares in the corporation that owns the building, not the actual units themselves.

For metropolitan area comparison values, the Bay Area metro area’s median home sale price is the population-weighted average of the nine counties’ median home prices. Home sales prices are not reliably available for Houston, because Texas is a non-disclosure state. For more information on non-disclosure states, see: http://www.zillow.com/blog/chronicles-of-data-collection-ii-non-disclosure-states-3783/

Inflation-adjusted data are presented to illustrate how home prices have grown relative to overall price increases; that said, the use of the Consumer Price Index does create some challenges given the fact that housing represents a major chunk of consumer goods bundle used to calculate CPI. This reflects a methodological tradeoff between precision and accuracy and is a common concern when working with any commodity that is a major component of CPI itself.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting *** U.S. dollars per square foot in 2022. In 2024, the average sales price of a new home exceeded ******* U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly ** percent year-on-year, and in 2022, the increase was even higher, at close to ** percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under ***** percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

Graph and download economic data for All-Transactions House Price Index for Dallas-Plano-Irving, TX (MSAD) (ATNHPIUS19124Q) from Q4 1975 to Q1 2025 about Dallas, appraisers, HPI, TX, housing, price index, indexes, price, and USA.

Housing Inventory: Average Listing Price Month-Over-Month in Jefferson County, TX was 2.33% in May of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Month-Over-Month in Jefferson County, TX reached a record high of 10.64 in February of 2023 and a record low of -9.76 in March of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Month-Over-Month in Jefferson County, TX - last updated from the United States Federal Reserve on July of 2025.

Housing Inventory: Average Listing Price Month-Over-Month in Grayson County, TX was -0.27% in April of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Month-Over-Month in Grayson County, TX reached a record high of 10.84 in March of 2021 and a record low of -9.42 in September of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Month-Over-Month in Grayson County, TX - last updated from the United States Federal Reserve on May of 2025.

Housing Inventory: Average Listing Price Month-Over-Month in Denton County, TX was 1.19% in April of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Month-Over-Month in Denton County, TX reached a record high of 6.88 in April of 2023 and a record low of -4.18 in August of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Month-Over-Month in Denton County, TX - last updated from the United States Federal Reserve on May of 2025.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Dallas-Fort Worth-Arlington, TX (CBSA) (MEDLISPRIPERSQUFEEYY19100) from Jul 2017 to Jun 2025 about Dallas, square feet, listing, TX, median, price, and USA.