Texas Could See Increase in People Moving to State as Housing Market Shifts [Video]

Texas saw a surge in people moving to the state during the pandemic, and experts predict the state will see another increase in 2025 as buyers get the upper hand in the housing market.

Why It Matters

The Texas housing market is experiencing a mix of trends, with rising home prices and increased sales. The median home price in Texas is $343,800, up 2.3% from last year, yet still lower than the U.S. median of $429,963. This indicates a more stable and positive outlook compared to the national market.

The state’s sustained population growth and job creation, particularly in high-paid sectors, are driving strong housing demand. But rising inventory and slower sales could shift the market to a more balanced state in 2025. While that could favor buyers, experts suggest the potential for continued price increases and competitive conditions.