Texas Real Estate Market in 2022: Forecasts + Trends

Clever Real Estate


Clever Real Estate

May 1st, 2022
Updated May 1st, 2022


Texas real estate trends

Real estate trends in Texas | Sellers | Buyers | Investors | The best and worst of Texas | Texas resources

Texas real estate trends (May 2022)

How is the real estate market in Texas?
🏠 Average home value: $302,730
📈 2.05% home value increase month over month
💰 Median sale price: $345,600
⏳ 43 days on the market
🔑 Homes on the market: 34,157
📆 0.7 months of housing inventory
🏦 30-year mortgage rate: 2.99%
💵 Average income: $53,320
State of the market: A
Texas’ real estate market continues its hot streak, despite the fact that the state has the fourth-most active listings of any U.S. state. Home values and listing prices are both rising, and low inventory should keep demand high.
*Data last updated May 2022

The second biggest state in the nation, Texas spans more than 260,000 square miles of deserts, humid coastal areas, and mountain ranges.

Big skies, abundant nachos, and sweet pastries from panderias all rank among the Lone Star State's most beloved features. Centuries of cultural exchange with nearby Mexico have given the state a unique blended culture all its own.

Major cities in Texas include Austin, Dallas-Fort Worth, and Houston, to name a few — but the state also features an abundant variety of charming small towns and suburban communities, too.

If you're thinking of buying or selling in Texas, these Texas housing predictions and stats can help you make an informed decision.

Want to save money when you buy or sell your home? With Clever, you'll only pay 1% or $3K in listing fees. Eligible buyers get 0.5% cash back after closing. Find out how much you can save with Clever today!

Selling a home in Texas

Texas real estate market forecast for sellers
⏰ Homes are selling 5 days faster than the annual average
💰 Homes are selling for $8,338 more than the annual average
💸 Average listing commission: 2.80%
💸 Average buyer's commission: 2.90%

How to sell a home in Texas

Cost to sell a home in Texas

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Buying a home in Texas

How much home you can buy with $300,000 in...
🏠 Houston: 1,695 sq ft
🏡 San Antonio: 1,563 sq ft
🏡 Dallas-Fort Worth: 1,478 sq ft
🏠 Austin: 1,010 sq ft

Investing in Texas real estate

Best of Texas

💡 Did you know…

Austin, Texas was ranked the fourth best music city in the U.S. in 2022?

Research from the Clever Data Center revealed that Austin is an ideal choice for fans of live music. Austin hosts nearly twice as many music festivals compared to most U.S. cities, and tickets for live concerts are less expensive than the national average.

» Taking notes? 🎵 Learn more about the rankings here: The Best Music Cities in the U.S.

Each month, we compare cities in Texas based on different criteria. This month, we're looking at affordability and ranking the best cities in the state.

Most Affordable Cities in Texas
1. Beaumont-Port Arthur
2. Nacogdoches
3. Texarkana
4. Odessa
5. Longview

Ready to buy a home in Texas? Eligible buyers get cash back with Clever!

Worst of Texas

Each month, we compare cities in Texas based on a different criteria. This month we're looking at affordability data. These are the cities that ranked the worst in the state.

Least Affordable Cities in Texas
1. Austin-Round Rock-Georgetown
2. College Station-Bryan
3. Dallas-Fort Worth-Arlington
4. San Antonio-New Braunfels
5. Sherman-Denison

Texas resources

👋 Next Steps: Talk to an expert!

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Our fully-licensed concierge team is standing by to answer questions and provide free, objective advice on getting the best outcome with your sale or purchase.

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Give us a call at 1-833-2-CLEVER or enter your info below. Our concierge team will be in touch shortly to help.

Remember, this service is 100% free and there’s never any obligation.

Frequently asked questions about Texas real estate

Yes, investing in Texas real estate is a good decision — especially in big cities like Houston and San Antonio, where housing is always in demand. However, to maximize your investment, you need to find the best neighborhoods to buy in and have a plan for how you'll manage your properties. Learn more in our guide to real estate investing.

For most people, now might not be the best time to buy a house in Texas, as listing prices are much higher than usual. However, mortgage rates in the state are low, which means you can save money over time if you lock in a low rate. If you work with the right real estate agent, then they can help you find the perfect deal.


Clever's analysis of state market trends is based on local data from Zillow, realtor.com, Redfin, S&P Global, the U.S. Census, and Clever surveys. Our team of over 20 real estate analysts from across the country research local markets and data to compile our "Best" and "Worst" rankings.

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