Texas Housing Market Set for Moderate Slowdown in 2025

Home prices are likely to fall in 31 metropolitan areas across Texas throughout 2025, according to a recent report by Norada Real Estate Investments. These include the capital, Austin, which is expected to see home prices fall by 1.8 percent by January 31 and by 0.4 percent by October 31.

The real estate investment firm expects the Texas housing market to experience a 'moderate slowdown' over the next two years as it transitions from the strong growth of recent years toward 'a more balanced market.'\Housing experts are looking at Texas as one of the housing markets in the country, together with Florida, most likely to experience significant price drops this year as demand cools down at the same time as new inventory comes in. Both states have built a lot more housing than the rest of the nation in the past couple of years as they faced booming demand during the pandemic. As in-migration has slowed down significantly since the COVID-19 years, demand for housing has slowed down; at the same time, stubbornly high mortgage rates are keeping many buyers out of the market.\By January 31, home prices are expected to fall in the following 51 Texas metro areas: Abilene, -0.1 percent Alice, -2.4 percent Amarillo, -0.2 percent Andrews, -0.3 percent Athens, -0.7 percent Austin, -1.8 percent Bay City, -0.3 percent Beaumont, -0.7 percent Beeville, -1.7 percent Big Spring, -3.7 percent Borger, -0.6 percent Brenham, -0.8 percent Brownsville, -0.2 percent Brownwood, -0.3 percent College Station, -0.4 percent Corpus Christi, -0.8 percent Dallas, -0.7 percent Eagle Pass, -0.2 percent El Campo, -1.1 percent Fredericksburg, -0.9 percent Houston, -0.6 percent Huntsville, -0.9 percent Kerrville, -0.4 percent Killeen, -0.9 percent Kingsville, -0.8 percent Lamesa, -0.7 percent Laredo, -0.5 percent Levelland, -0.8 percent Longview, -0.2 percent Lubbock, -1 percent Lufkin, -0.7 percent Mineral Wells, -0.2 percent Odessa, -0.6 percent Pampa, -1.1 percent Paris, -0.8 percen

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