Blog
December 12, 2024
Analyzing the Texas Real Estate Market: Why NHC is the Price Leader Across The Lone Star State
You know what they say: Everything’s Bigger in Texas. For the most part, we’d say that’s spot on. Unless you’re talking about NHC’s Texas home prices, of course. While the average home price in Texas may seem gargantuan at first, we’re here to put affordable living back on the map. Just check out some of our available listings to see what we mean.
If you’re looking to carve out your slice of the Texas housing market, you’ve come to the right place. We’ve already analyzed home prices by ZIP code. In this guide, we’ll be breaking down the average home prices in Texas across some of the state’s most populated cities, starting with the state capital.
Austin, TXThe capital of Texas is growing quickly. The metro area added over 50,000 new residents between 2022 and 2023, making it one of the fastest-growing areas in the U.S. Often referred to as the “Live Music Capital of the World,” Austin offers a booming job market, excellent food scene, and easy access to nature in the surrounding areas.
As a result, it has become one of the Texas real estate market’s most sought-after cities. Translation: Homes are typically not cheap. According to Zillow, the average home price in Austin is currently $515,342. Now, what if we told you there are homes close to Austin for over $200,000 LESS THAN THE AVERAGE?
At our Holland Estates community in Holland, homes start from the $260s. This is perfect for those who want to remain within driving distance of Austin but enjoy a touch of small-town charm—all for a significantly more affordable price.
San AntonioOf all of the major cities in Texas’s housing market, San Antonio was the only one to see a drop in total sales volume. That’s not because the city lacks in culture or entertainment. The metro area is home to iconic landmarks like the Alamo and the River Walk.
Those looking to buy a home in San Antonio could use the drop in sales volume to their advantage. Compared to average home prices in Texas, San Antonio remains a more affordable metro area. As of 2024, the average home price is just over $250,000. No way NHC can better that number, right? Wrong.
Take our Walnut Creek community in nearby Seguin, for example. With home prices starting UNDER $200,000, this community puts you within a stone’s throw of San Antonio and Austin, while boasting the laid-back suburban lifestyle.
HoustonSpace City is one of the largest metro areas in the country. With a world-class dining and entertainment scene, it’s no surprise that it’s maintained itself as one of the most competitive Texas real estate markets. Depending on the ZIP code, a home’s average days on the market can be as little as 40 days.
So what is the average home price in Houston, Texas? As of November 2024, the number stands at $319,921. While this makes Houston more affordable than cities like Austin and Dallas, the average price could still be tricky for some first-time buyers.
At NHC, we have several communities across the South Texas area, including Grand Oaks Reserve. With 2-4 bedrooms and up to 2,600 sq. ft., these homes are just north of the Houston metro, giving you a quieter environment that’s still within driving distance of one of the country’s major metro areas.
DallasThe Metroplex blends modern living with Texas traditions. From Fort Worth to Arlington to Plano, there are so many parts of the Dallas metro area worth considering when buying a new home. Its popularity and job market, however, can bring high price tags, like most of the cities we’ve discussed in this guide. With a median sale price of over $400,000, Dallas is more expensive than the average Texas home price of $334,000. So, where can homebuyers find value?
Located just south of Fort Worth, our Villages of Mayfield community starts from the $250s. These homes provide families and individuals with access to top-rated schools, charming nature, and a low cost of living. Don’t delay, though. Get your new Dallas-area home before it's gone.
America’s Affordable BuildersAre you looking to find a home you can truly afford? Although the average home prices in Texas may make it seem like that’s impossible, we’re here to help you close on spacious properties that fit your budget. With our low prices, there’s never been a better time to start building generational wealth through homeownership.
Beyond Texas, our team builds newly constructed homes across Florida, North Carolina, and Alabama. If you’d like to speak with our team, fill out our contact form. You can also check out our blog to read about the hottest topics in the real estate industry.
FAQsWhat is the average home price in Texas?
As of 2024, the average home price in Texas—based on sale price—sits just above $334,000.
How do home prices vary by ZIP code in Texas?
Average home prices in Texas can vary significantly by ZIP code, reflecting factors like location and school districts. Urban ZIP codes in cities like Austin or Dallas often have higher prices, while suburban or rural areas may offer more affordability.
Where are the most affordable places to buy a home in Texas?
The most affordable regions of Texas’s housing market include Laredo, Wichita Falls, Abilene, and Baytown.
How long do homes stay on the market in different areas of Texas?
The average days on the market by ZIP code can vary heavily across Texas. In the more sought-after areas like Austin or Dallas, homes tend to sell quickly.