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Houston and Katy Real Estate Market Update
Last 2 Weeks – February 2026

If you have been wondering what is actually happening in the market right now, here is the clear breakdown.

HOUSTON MARKET

Inventory has increased, giving buyers more options than we have seen in recent years.
Homes are taking longer to sell compared to last year.
Price growth has leveled off, with many homes selling at or slightly below list price.
Negotiations and seller concessions are more common.

What this means:
Houston is operating in a balanced market. Buyers have more leverage, and sellers must price correctly and present their home strategically to stand out.

KATY MARKET

Prices remain relatively steady overall.
Inventory has grown here as well.
Days on market are slightly higher than this time last year.
Bidding wars are less frequent, and buyers are more selective.

What this means:
Katy continues to be a strong and desirable area, but strategy matters. Homes that are priced and marketed correctly are still moving. Overpriced homes are sitting.

Overall Trend

The extreme seller market is behind us. We are now in a more balanced environment.

Buyers have more room to negotiate.
Sellers can still succeed, but preparation and pricing are critical.

If you would like a specific update for your neighborhood or want to know what your home would sell for in today’s market, message me directly. I will run the numbers for you.

Austin Sanders - SFRE
Houston and Katy Real Estate

Source: Houston Association of Realtors MLS data, Realtor.com Market Trends, Redfin Data Center, and Zillow Research, February 2026.

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Just Listed in Houston Get the Current Price, Photos, Details & More Now!