Markets › Texas
In the Lone Star State, part of the Census Bureau's West South Central division, Pecan Street tracks 25 markets. Median sale prices run from $214K in Wichita Falls to $421K in Austin over Jul–Sep 2026. 11 of 23 are higher than a year earlier and 12 are lower; Abilene leads at +22.0% and Sherman – Denison trails at -7.0%.
Homes sit longest in Corpus Christi (99 median days on market) and sell fastest in Abilene (45 days). The share of active listings with a price cut runs from 18% in McAllen – Edinburg to 46% in Midland. Price-to-rent ratios run from about 12 in Wichita Falls to 17 in College Station – Bryan, measured as years of HUD Fair Market Rent per median sale price. Among the 383 U.S. metros Pecan Street tracks, the Abilene metro has the fastest year-over-year price growth and the McAllen – Edinburg metro the 3rd-lowest share of listings with a price cut. Texas's unemployment rate was 4.4% in Sep 2026 (BLS via FRED), above the national rate of 4.2%.
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Abilene | $302K | +22.0% | 45 | 42% | ≈ 15 |
| Amarillo | $268K | +4.8% | 48 | 34% | ≈ 15 |
| Austin | $421K | -2.0% | 80 | 41% | ≈ 15 |
| Beaumont – Port Arthur | $239K | +6.7% | 66 | 30% | ≈ 13 |
| Brownsville – Harlingen | $271K | -0.8% | 85 | 21% | ≈ 16 |
| College Station – Bryan | $328K | -0.5% | 86 | 23% | ≈ 17 |
| Corpus Christi | $276K | +0.2% | 99 | 27% | ≈ 12 |
| Dallas – Fort Worth | $389K | -0.8% | 62 | 44% | ≈ 14 |
| El Paso | $280K | +4.9% | 66 | 23% | ≈ 15 |
| Houston | $333K | -0.6% | 55 | 31% | ≈ 14 |
| Killeen – Temple | $273K | -0.5% | 74 | 35% | ≈ 14 |
| Laredo | $254K | +0.3% | 65 | 19% | ≈ 14 |
| Longview | $272K | +3.4% | 71 | 34% | ≈ 14 |
| Lubbock | $256K | +2.5% | 50 | 31% | ≈ 12 |
| McAllen – Edinburg | $249K | -1.2% | 78 | 18% | ≈ 16 |
| Midland | — | — | 55 | 46% | — |
| Odessa | — | — | 53 | 35% | — |
| San Angelo | $284K | +4.1% | 67 | 26% | ≈ 13 |
| San Antonio | $307K | -0.6% | 71 | 38% | ≈ 14 |
| Sherman – Denison | $296K | -7.0% | 78 | 35% | ≈ 13 |
| Texarkana | $230K | +8.8% | 83 | 27% | ≈ 14 |
| Tyler | $317K | -1.6% | 70 | 43% | ≈ 15 |
| Victoria | $262K | -0.7% | 67 | 30% | ≈ 13 |
| Waco | $284K | -0.8% | 78 | 28% | ≈ 14 |
| Wichita Falls | $214K | +3.6% | 59 | 33% | ≈ 12 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.
Strength 4 / 5
$465K
Cedar Park median sale price fell back under $500K — now $465K
Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.
Source: Redfin, city figures, Jul–Sep 2026
Strength 4 / 5
6.5 mo
Bryan supply now 6.5 months — buyer's market
Six-plus months of supply in Bryan — this is a buyer's market by the textbook definition.
Source: Redfin, city figures, Jul–Sep 2026
Strength 4 / 5
6.7 mo
Corpus Christi supply now 6.7 months — buyer's market
Six-plus months of supply in Corpus Christi — this is a buyer's market by the textbook definition.
Source: Redfin, city figures, Jul–Sep 2026
Strength 4 / 5
6.5 mo
Killeen supply now 6.5 months — buyer's market
Six-plus months of supply in Killeen — this is a buyer's market by the textbook definition.
Source: Redfin, city figures, Jul–Sep 2026
Strength 4 / 5
101.2%
Longview sale-to-list broke above 1.0 — 101.2%
Typical closed deal is now clearing at or over list price; sellers have regained pricing leverage since Jun–Aug 2026.
Source: Redfin, city figures, Jul–Sep 2026
Strength 4 / 5
$265K
Sherman median price -9.7% YoY
Price-per-sqft also -4.8% YoY, on about 65 closed sales a month.
Source: Redfin, city figures, Jul–Sep 2026