According to the latest report from the Houston Association of Realtors, 42% of Houston-area residents are able to afford a median-priced home than in 2025. As previously reported, in the third quarter of 2025 only 39% of residents were considered able to afford a median-priced home.
Zooming in: The slight increase in affordability follows a 0.4% decline in median home prices, going from $341,600 to $340,300. Despite the decrease, HAR forecasted residents still need a minimum income of $100,800 to be able to afford a single-family home.
Affordability remained slightly hire when it came to affording a lease on a single-family home. HAR data shows 44% of Houston-area residents can afford the median lease cost for a single family home, with the cheapest leasing options in Montgomery and Harris counties.
In their words: “Affordability is moving in the right direction, and that’s encouraging, but we also know many consumers are still concerned about the cost of buying a home, particularly with mortgage rates remaining elevated,” said HAR Chair Theresa Hill.