If buying or selling in Texas has been on your mind, you’re probably asking the same thing everyone else is: is now the right time to make a move? The first quarter of 2026 gives us a real, unfiltered look at the market. We’re breaking it all down across all residential properties, houses, and condos with straightforward insights you can actually use.

Statewide Context: According to AOT’s first quarter of 2026 data, residential properties are averaging $273,812 across all types, with houses commanding $359,354 and condos renting at $1,633/month . These figures reflect a market that is normalizing after years of volatility, not crashing, giving buyers more breathing room than they’ve had since before the pandemic.

All Residential (138 Sold · $273,812 Avg)

Data reflects AOT’s internal market analysis and is intended for insight purposes only, not as a definitive representation of the overall market.

What is the average selling price for Texas residential properties?

AOT’s Q1 2026 analysis shows the average selling price for residential properties, including houses and condos, at $273,812. This blended figure reflects the full range of the market and comes in slightly below the statewide median of $328,000.

How many homes were sold, and how does that compare to available supply?

In total, 138 residential properties sold while 338 new listings came to market. With supply running at more than twice the pace of sales, buyers have the advantage right now. There is more to choose from and far less urgency than we saw in 2021–2022.

How long does it take for a residential property to sell on average?

On average, residential properties marketed by AOT are spending 60 days on the market before closing, roughly two months. This marks a significant shift from the pace of 2021, when many homes were going under contract in under a week. Today’s market gives buyers the time to research, tour multiple properties, and make more informed decisions without pressure.

Are sellers receiving their full asking price?

According to AOT’s Q1 2026 analysis, sellers are receiving 96.3% of their list price on average. So if a home is listed at $284,000, it is typically selling for around $273,800. Buyers have a real, but modest, negotiation window of roughly 3.7% below asking before sellers tend to hold firm. Pricing a home correctly from day one remains critical in this environment.

Is the Texas residential market currently a buyer’s or seller’s market?

Based on the combined data, 60 days on market, 96.3% of asking price, and 338 active listings against just 138 sales, the overall market leans toward balanced-to-buyer-friendly conditions. Buyers have more choices, more time, and more negotiating power than at any point since before the pandemic. Sellers can still expect solid returns, but only if priced correctly from the start.

Houses (105 Sold · $359,354 Avg)

What is the average selling price for houses in Texas right now?

Houses are selling at an average of $359,354, significantly above the blended residential average of $273,812. This higher figure reflects the larger size, land ownership, and long-term appreciation that single-family homes command over other property types. It aligns closely with the statewide AOT Q1 2026 median of $328,000.

How many houses were sold, and how does that compare to supply?

According to AOT’s Q1 2026 market report, 105 houses were sold between January and March 2026, while 131 new listings entered the market in the same period. Supply is slightly ahead of demand, good news for buyers shopping for a house, as there are more homes available than are being purchased at any given time. This keeps the house market balanced without tipping into a frenzied seller’s market.

How quickly are houses selling in Texas?

AOT’s Quarterly Data of 2026 shows that houses are moving slightly faster than the overall market, averaging 59 days on market, one day less than the overall 60-day average. While not a dramatic difference, it confirms that houses remain the most consistently in-demand property type in Texas. Steady buyer interest keeps them moving at a reliable pace even in a cooling market.

Can buyers negotiate on house prices? How much can they save?

Based on AOT’s Q1 2026 housing data, houses currently offer the best negotiating opportunity for buyers. Selling at 95.34% of asking price, a $359,354 home is typically closing about $16,700 below list. That gap is wider than any other property type, positioning houses as the most negotiable segment of the Texas market in 2026.

Is buying a house in Texas in 2026 a smart financial decision?

For most buyers, yes. As reflected in the latest AOT quarterly market trends, prices slightly softened from recent highs, inventory above sales levels, and close to 5% negotiating room off asking, 2026 is one of the more favorable house-buying environments Texas has seen since before the pandemic. Factor in Texas’s strong job market, sustained population growth, and lack of state income tax, and the long-term fundamentals for house ownership remain exceptionally solid.

Condos (33 Leased· $1,633/mo Avg Rent )

Why are condos priced at $1,633 per month instead of a total sale price?

The $1,633/month figure refers to the average monthly rental rate for condo leases included in AOT’s Q1 2026 dataset. These are rental or lease-based transactions, not outright purchases. This is common across Texas urban markets where condo owners list their units for rent. If you’re looking to buy a condo outright, you’ll want to work with your agent to filter specifically for for-sale condo listings in your target neighborhood or city.

How many condos were leased, and what does that tell us about demand?

According to the AOT quarterly figures, 33 condo leases were completed between January and March, 2026, while only 20 new condo listings entered the market in the same period. This is a notable imbalance, more condos are being leased than are being freshly listed. This means condo supply is actively tightening, and competition among condo seekers is stronger than it may appear on the surface.

Are condos taking longer to rent or sell compared to houses?

Condos average 64 days on market, 5 days longer than houses at 59 days, and slightly above the overall market average of 60 days. This modest difference reflects that condos attract a more specific type of renter, and finding the right match takes a little more time. The gap is not alarming, it simply reflects a different renter profile rather than weak demand.

Is there room to negotiate on condo prices or rent?

Almost none. Condos are leasing at 99.35% of asking rent, essentially full price. This is the highest list-price ratio of any property type in the current AOT dataset, meaning condo landlords are getting nearly everything they ask for. If you’re targeting a condo, come prepared with a strong, near-asking offer.

Is condo inventory critically low in Texas right now?

Current AOT inventory trends point to yes. With only 20 condo listings currently active against 33 leases completed in the same period, meaning existing inventory is being absorbed faster than it is being replenished. For anyone looking for a condo in Texas to rent, acting decisively when a suitable unit becomes available is essential.

Key Takeaways for 2026

Texas isn’t in a housing crash. Recent AOT quarterly data points toward a more balanced, normalized market after years of volatility. Prices are easing, inventory is up, and buyers are stepping back into a position of strength.

But knowing the data is only part of it. Acting on it is where it matters. House buyers have room to negotiate, condo renters need to move with urgency, and sellers need to price strategically from the start to avoid sitting on the market.

That’s where we come in. We help you take what’s happening in the market and turn it into a smart, well-timed move that works in your favor.