The real estate market in Texas is always moving—but is now the right time to make your move? Whether you’re a first-time buyer, relocating for work, or eyeing your next investment, timing can impact your long-term equity, interest rates, and purchase power.
Here’s what buyers should know heading into 2025.
1. Home Prices Are Stabilizing in Many Areas
After several years of rapid price growth, many Texas markets—especially smaller cities and rural areas—are seeing a leveling-off. This gives buyers more room to negotiate and reduces the pressure of bidding wars.
If you've been waiting for a "cool down," this could be your window.
2. Interest Rates Are Still a Factor
Mortgage rates remain higher than the lows we saw in 2020–2021, but many experts believe they’ve peaked. If you find the right house at the right price, you can refinance later when rates drop. In the meantime, less competition means more leverage in negotiations.
3. Inventory is Slowly Improving
In many Texas markets, inventory is still tight—but improving. More listings are hitting the market, especially in suburban and rural areas, which gives buyers more choices and more breathing room.
4. Local Markets Vary Widely
Texas is big, and the real estate market in Texarkana is very different from Austin or Dallas. Some areas are experiencing increased demand due to local job growth, while others are holding steady or even seeing slight price dips.
A local REALTOR® can help you track trends that matter to your budget and goals.
5. Buying Still Beats Renting Long-Term
While monthly rent costs continue to rise across the state, locking in a fixed mortgage offers long-term financial stability—and the ability to build equity. In many Texas counties, owning is still more affordable than renting when you plan to stay for 3+ years.
Final Thoughts
The best time to buy is when you're financially ready—and when you’ve found a home that fits your lifestyle and future. With more inventory and slightly less competition, 2025 is shaping up to be a good time for strategic buyers to enter the Texas market.
Ready to explore your options? Let’s have a conversation about your goals and what’s happening in your local market.
