Houston Market Update - October 2025

Here are the headline stats to take note of:

Mortgage rates are at their lowest levels in a year

The 30-year fixed has consistently been under 6.5% since the beginning of September.

Source: Mortgage News Daily

Nationally, Housing Inventory may have peaked in August.

Source: HousingWire

• In August, Houston single-family home sales totaled 8,138.

• In September, they totaled 7,399.

• Single-Family Months Inventory in Houston is at 5.2 months.

• The takeaway from these 3 stats taken together is that the market is showing signs of typical seasonality, and things are starting to cool off from the peak of the summer.

Final Thought

With more inventory and better rates, this is definitely a more buyer-friendly environment than in years past. However, while buyers are in a position to negotiate, just don’t expect a steal. Most sellers right now aren’t forced to sell and are willing to take the home off the market and try again at another time. Sellers, be smart on pricing. Overreach and the listing may sit.