I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Texas
💡 Key Texas housing market facts
| Data Point | Value | Rank | Compared to National Avg |
| Typical Home Value | $299,467[1] | #32 of 50 states | 18% lower |
| Median Listing Price | $359,500[2] | #32 of 50 states | 15.7% lower |
| Median Sale Price | $346,500[3] | #31 of 50 states | 16.3% lower |
| 30 Year Mortgage Rate | 7.03%[4] | #34 of 50 states | 0.8% higher |
| Median Days on Market | 72[5] | #30 of 50 states | 2.1% longer |
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🗺️ Buying a house in the Texas real estate market
Texas has an affordability score of 5.4, meaning it takes 5.4 years of the median household income ($63,826) to afford Texas' median home sale price ($346,500). Because of this, we rank Texas as the 19th most affordable state for buyers based strictly on prices compared to income.
| Data Point | Value | Rank | Compared to National Avg |
| Median Sale Price | $346,500[6] | #31 of 50 states | 16.3% lower |
| 30 Year Mortgage Rate | 7.03%[7] | #34 of 50 states | 0.8% higher |
| Median Household Income | $63,826[8] | #21 of 50 states | 1.1% lower |
| Affordability Ratio | 5.4 | #19 of 50 states | 14.2% lower |
| Buyers Agent Commission | 2.89%[9] | #49 of 50 states | 13.9% higher |
Resources for Texas home buyers
Preparing to buy in Texas
🗺️ Selling a house in the Texas real estate market
According to our detailed survey of Texas real estate agents, listing agents (those representing the seller) charge an average commission in Texas of 2.87%, which is the 14th highest in the United States. Buyers' agents charge an average commission of 2.89%, which is the 2nd highest in the United States.
| Data Point | Value | Rank | Compared to National Avg |
| Median Listing Price | $359,500[10] | #32 of 50 states | 15.7% lower |
| Median Sale Price | $346,500[11] | #31 of 50 states | 16.3% lower |
| Median Days on Market | 72[12] | #30 of 50 states | 2.1% longer |
| Buyer's Agent Commission | 2.89%[13] | #49 of 50 states | 13.9% higher |
| Listing Agent Commission | 2.87%[14] | #37 of 50 states | 5.4% higher |
Resources for Texas home sellers
Preparing to sell in Texas
- Selling a House in Texas: Everything You Need to Know
- Average Time to Sell a House in Texas
- When Is the Best Time to Sell a Home in Austin?
- Top Real Estate Agents in Texas
Texas home selling costs and requirements
Moving to Texas
According to our recent moving trends survey[15], Texas is the 4th most desirable state to move to, with 24% of Americans indicating that they would choose to move there if money were no object. Likewise, 13% of survey respondents indicated that they would move to Dallas among a choice of America's largest cities, and 13% indicated that they would move to Austin. Among medium-sized cities, 11% indicated that they would move to El Paso, and 8% indicated that they would move to McAllen.
Here's how Texas cities rank in a number of our research studies.
| Study | Best Texas city | Rank |
| Best Pizza Cities[16] | Austin | 35th best |
| Best Coffee Cities[17] | Austin | 13th best |
| Best LGBTQ Cities[18] | Austin | 31st best |
| Best Bike Cities[19] | Austin | 17th best |
| Best Commuter Cities[20] | Austin | 15th best |