Texas Realtors has released its 2024 Q3 Texas Quarterly Housing Report, indicating that while median home prices in the state have remained stable, most metropolitan areas have experienced increases.

According to an October 22 press release from the professional membership association, these increases occurred in 17 metropolitan areas, while nine saw decreases. The statewide median price of $340,000 remains similar to the same quarter last year.

The report highlighted that three metropolitan areas—Austin-Round Rock-San Marcos, Corpus Christi, and Brownsville—reported modest declines in median home prices. Conversely, Eagle Pass, Sherman-Dennison, and Texarkana recorded the highest increases.

Texas Realtors Chairman Jef Conn attributed these changes to lower interest rates facilitating market entry for both buyers and sellers. "With more favorable financing options, buyers in many markets seem more willing to look, and sellers are more interested in making their properties available," Conn said.