Townhomes and condos make up a much smaller share of Houston closings than single-family homes, and they follow their own pattern. Here is what Houston Association of REALTORS® (HAR) reported for this segment across the Greater Houston area from June through August 2026.
Townhome and condo snapshot
| Measure | June 2026 | July 2026 | August 2026 |
|---|---|---|---|
| Closed sales | 439 (down 9.3%) | 425 (down 9%) | 405 (unchanged) |
| Median price | $215,000 (down 6.5%) | $211,000 (down 3.7%) | $195,000 (down 7.1%) |
| Average price | $256,885 (down 2.0%) | $260,987 (down 2.4%) | $245,692 (down 1.5%) |
| Active listings | 3,508 (up 4.6%) | 3,631 (up 4.6%) | 3,504 (up 3.1%) |
| Months of inventory | Not reported | 9.1 | 8.8 (8.1 a year earlier) |
Percentages compare each month with the same month of 2025.
What stands out
- Sales were steady to lower. Closings were down in June and July, then matched last year in August.
- Median prices were below last year in all three months, by 3.7% to 7.1%.
- More inventory. Active listings were higher than a year earlier each month.
- More supply relative to sales than single-family homes. Months of inventory was 9.1 in July and 8.8 in August, compared with about 5.3 to 5.5 months for single-family homes in the same HAR reports.
Why this segment can be a good fit for some buyers
Townhomes and condos often come with a lower purchase price and less exterior maintenance, which appeals to first-time buyers, downsizers and people who want a lock-and-leave home. More inventory can also mean more choices. Because HOA fees, rules and reserves vary a lot from one community to the next, ask your agent to help you review the documents carefully.
Questions for sellers
In a segment with more homes available, pricing and condition are especially important. Your agent can compare your property with similar units in your own community, which matters more than the citywide average.
Source: Houston Association of REALTORS® (HAR) monthly housing updates for the Greater Houston area (June 2026 Housing Market Update, published July 8, 2026; July 2026 Housing Market Update, published August 12, 2026; August 2026 Housing Market Update, published September 9, 2026). Observations about the direction of each measure are KW Memorial’s summary of HAR’s published figures. Figures describe the overall Houston market, not any single neighborhood or home. Past results do not predict future performance.
See our market reports for more, read how to read a Houston market report, or talk with a Memorial advisor about your plans.
