As of writing this on April 12, 2026, the most recent comprehensive Texas housing market data is from the Texas Real Estate Research Center's March 2026 Texas Housing Insight report (covering January 2026 data) and Houzeo's April 2026 Texas market analysis.

The Big Picture: Texas Has Shifted

After years of being one of the hottest real estate markets in the nation, Texas has meaningfully cooled. According to the Texas Real Estate Research Center (TRERC) March 2026 Texas Housing Insight report (TRERC at Texas A&M University, March 2026):

The TRERC report noted: "The 2026 market opened with rising seller activity, elevated inventory levels, and persistent pricing pressure as affordability challenges continue to shape buyer demand."

Austin: The Sharpest Correction

Austin was the poster child of pandemic-era appreciation — and it's now experiencing one of the sharpest corrections in the state. According to ManageCasa's 2026 Texas Housing Market analysis:

For Austin sellers: The TRERC report notes that "listings that come in anchored to peak-era valuations are sitting." Pricing to today's market — not 2021-2022 comps — is essential. Sellers who need to move quickly have found direct buyers more reliable than waiting for retail buyers who are price-disciplined in a way they weren't a few years ago.

Houston: High Foreclosure Exposure

Houston's market is complex. It has generally maintained stronger demand than Austin due to more affordable price points and continued economic growth. However, it also carries notable foreclosure exposure.

According to ATTOM's July 2025 Foreclosure Report (PR Newswire, August 2025), Houston had one of the worst foreclosure rates among major U.S. metros — one in every 1,882 housing units. Texas also led the nation in foreclosure starts (3,600 in July 2025 alone) and completed foreclosures.

Dallas/DFW: The Most Uneven Market

The Dallas housing market in 2026 shows sharp variation by submarket. Per ManageCasa's analysis, Redfin's median sale price for Dallas sits around $375,000 while Zillow's average home value tracks lower at $301,697 — a gap that reflects significant variation by neighborhood and property type.

According to JVM Lending's 2026 Texas Real Estate Market Forecast, Redfin reported Texas prices were down approximately 2.7% year-over-year in December 2025, with homes taking a median of 85 days to sell statewide — giving buyers meaningful negotiating leverage.

San Antonio: Most Stable of the Major Markets

San Antonio has benefited from more moderate price appreciation during the pandemic boom, which means less correction pressure now. More affordable price points relative to Austin and Dallas have kept demand more stable. However, Bexar County property tax increases have still pushed carrying costs higher for long-term owners.

What This Means for Texas Sellers in 2026

The data points to a clear picture: Texas has shifted from a seller's market to a buyer's market in many submarkets, particularly Austin and parts of DFW. For sellers, this means:

For sellers who need speed, certainty, or are dealing with properties that need work, a direct sale through a buyer network continues to be a competitive alternative to months on market with carrying costs accumulating.

Tallbridge serves sellers across Austin, Houston, Dallas/DFW, San Antonio, Round Rock, Georgetown, Killeen, and Waco. Get your offer here.

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