Texas home sales fell 4.7% from a year earlier in August as inventory stayed high
The Texas Real Estate Research Center reported 28,740 closed sales in August, down 4.7% year over year, a $330,000 median price and 5.3 months of inventory.
Texas recorded 28,740 closed home sales in August 2026, down 4.7% from a year earlier, according to the October Texas Housing Insight from the Texas Real Estate Research Center at Texas A&M.
The statewide median sales price was $330,000, down from $339,000 in July and $335,000 a year earlier. Active listings stood at about 151,400, equal to 5.3 months of inventory, and homes spent 65 days on the market.
The center's outlook expects activity to stay restrained and possibly slow further this year, pointing to mortgage rates back above 7%.
Why it matters to investors
More inventory and longer days on market give buyers room to negotiate, which is useful for investors buying rentals. For flippers it cuts the other way: longer selling times raise holding costs, so add a month or two to the timeline in the fix and flip calculator.
Source: Texas Real Estate Research Center: Texas Housing Insight, October 2026
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