Market Timing
Home Price Cuts in Houston: How Many Homes Sold After a Price Drop in 2026
Updated November 14, 2026
Reviewed by:
Head of Growth at TurboHome
Agent, Texas · Texas Realtor® License #674075
In Houston, 32.4% of the 11,135 homes that closed between May and October 2026 sold after at least one price cut. The median cut was 5.4% ($19,000) off the original asking price, and homes that were cut went on to sell for a median 91.4% of their first list price, against 98.5% for homes that were never reduced. For comparison, Realtor.com counted 20.3% of active Houston-Pasadena-The Woodlands listings with a price reduction in October 2026; that counts listings on the market in one month, while our figure counts homes that actually sold over six months.
TurboHome Market Analysis · 11,135 closings · May 1 to Oct 31, 2026 · Last updated November 14, 2026
This guide uses 11,135 single-family, condo and townhouse closings in our MLS feed from May 1 to October 31, 2026 to show how often Houston sellers cut, by how much, where, and what a cut home finally sold for. Use it to judge how much room a reduced listing leaves you.
How many Houston homes sold after a price cut
32.4% of Houston closings from May through October 2026 sold after at least one price cut. Counting every closing, cut or not, 72.5% closed below the original asking price. Cut homes sat a median 67 days on the market, against 13 days for homes that were never reduced.
| Measure | Houston, May to Oct 2026 |
|---|---|
| Closings | 11,135 |
| Sold after at least one price cut | 32.4% |
| Median cut, cut homes | 5.4% ($19,000) |
| Closed below the original asking price, all closings | 72.5% |
| Median days on market, cut homes | 67 |
| Median days on market, never cut | 13 |
| Median sale price, all closings | $317,000 |
| Sale to original list price, all closings | 96.7% |
Houston has the lowest share of cut sales on the four Texas pages: 32.4%, against 41.4% in Dallas, 46.4% in Fort Worth and 58.2% in Austin.
What a price cut tells a buyer in Houston
Houston homes that were cut then closed at a median 97.4% of the reduced price, so the discount stacked: the typical cut home sold at 91.4% of its original asking price, a median $29,000 below the first list price. Homes that were never reduced sold at a median 98.5% of their asking price.
23.9% of cut homes were reduced by less than 3%, 22.4% by 3 to 5%, 30.7% by 5 to 10% and 23.0% by 10% or more. Cut homes also sold for a median 97.4% of the reduced price, so the cut was usually not the end of the negotiation.
Price cuts by neighborhood in Houston
The table shows the 25 Houston neighborhoods with the most closings from May through October 2026, each with at least 20 closings, sorted by closings.
| Neighborhood | Closings | Share with a cut | Median cut | Sale to original list | Median price | Median days on market |
|---|---|---|---|---|---|---|
| Greater Heights / Houston Heights | 527 | 31.9% | 4.2% | 96.9% | $685,000 | 22 |
| Central Northwest | 374 | 28.3% | 5.0% | 97.7% | $585,000 | 16 |
| Clear Lake | 365 | 29.0% | 5.6% | 97.8% | $325,000 | 18 |
| Washington Avenue Coalition / Memorial Park | 329 | 28.6% | 4.3% | 97.0% | $521,000 | 25 |
| Greater Uptown | 325 | 30.2% | 5.5% | 94.7% | $515,000 | 28 |
| Memorial | 314 | 26.8% | 5.2% | 96.9% | $850,000 | 12 |
| Briar Forest | 247 | 30.4% | 5.5% | 97.0% | $465,000 | 19 |
| Champions | 230 | 36.1% | 4.9% | 96.8% | $335,250 | 24 |
| Montrose | 219 | 32.0% | 4.5% | 95.9% | $669,000 | 31 |
| Central Southwest | 196 | 40.8% | 6.3% | 96.0% | $250,000 | 32 |
| Spring Branch East | 196 | 21.9% | 3.6% | 97.6% | $658,750 | 19 |
| Eldridge / West Oaks | 195 | 34.9% | 5.0% | 96.0% | $352,700 | 23 |
| Acres Home | 192 | 25.5% | 4.4% | 99.1% | $299,990 | 26 |
| Alief | 182 | 27.5% | 7.0% | 95.7% | $187,750 | 25 |
| Kingwood Area | 176 | 30.7% | 4.8% | 97.3% | $320,000 | 20 |
| Spring Branch West | 155 | 23.9% | 4.8% | 97.3% | $470,000 | 16 |
| South Belt / Ellington | 153 | 32.7% | 5.4% | 97.9% | $261,000 | 20 |
| Lake Houston | 151 | 34.4% | 4.8% | 97.5% | $366,990 | 28 |
| South Acres / Crestmont Park | 148 | 47.3% | 4.9% | 96.5% | $258,500 | 40 |
| Mid West | 147 | 28.6% | 7.8% | 95.2% | $325,000 | 33 |
| Brays Oaks | 141 | 39.0% | 5.6% | 94.4% | $242,000 | 29 |
| Spring Branch North | 132 | 40.9% | 6.0% | 95.1% | $395,000 | 24 |
| East Little York / Homestead | 128 | 24.2% | 6.9% | 95.1% | $228,500 | 16 |
| Spring Branch Central | 120 | 21.7% | 3.3% | 97.9% | $426,495 | 22 |
| Greenway / Upper Kirby Area | 118 | 29.7% | 4.4% | 95.3% | $525,000 | 34 |
South Acres / Crestmont Park had the highest share of cut sales, 47.3%, followed by Spring Branch North (40.9%) and Central Southwest (40.8%).
Spring Branch shows how much the neighborhood matters: Spring Branch North had 40.9% of sales cut, against 21.9% in Spring Branch East and 21.7% in Spring Branch Central, the lowest in the table.
Memorial sold fastest of the 25 neighborhoods, in a median 12 days, and 26.8% of its homes were cut. Greater Heights / Houston Heights, the busiest neighborhood with 527 closings, had 31.9% cut.
Price cuts by price range in Houston
| Price range | Closings | Share with a cut | Median cut | Median cut ($) | Sale to original list | Median days on market |
|---|---|---|---|---|---|---|
| Under $500K | 8,311 | 35.4% | 5.7% | $15,000 | 96.4% | 27 |
| $500K to $750K | 1,261 | 26.2% | 3.9% | $25,000 | 97.4% | 20 |
| $750K to $1M | 545 | 24.2% | 4.3% | $40,000 | 97.6% | 14 |
| $1M to $1.5M | 473 | 20.7% | 4.4% | $55,000 | 98.1% | 10 |
| $1.5M to $2M | 272 | 19.1% | 4.9% | $92,500 | 98.2% | 14 |
| $2M to $3M | 167 | 13.8% | 4.4% | $105,000 | 97.7% | 14 |
| $3M and up | 106 | 26.4% | 5.1% | $213,500 | 95.8% | 22 |
Homes from $1 million to $3 million were cut least, 13.8% to 20.7% of sales, and sold at 97.7% to 98.2% of their original ask. Homes under $500,000, the bulk of the market with 8,311 closings, were cut 35.4% of the time, and the share rises again to 26.4% at $3 million and up.
Price cuts by home type in Houston
| Home type | Closings | Share with a cut | Median cut | Median cut ($) | Sale to original list | Median days on market |
|---|---|---|---|---|---|---|
| Condo | 1,634 | 36.9% | 6.4% | $15,000 | 94.7% | 37 |
| Single-family home | 9,498 | 31.6% | 5.2% | $20,000 | 97.1% | 23 |
Condos were cut more often than single-family homes (36.9% against 31.6%) and sold further below their first price, at a median 94.7% of the original ask against 97.1%. Houston has no townhouse row: a row needs at least 12 closings recorded as townhouses in our MLS feed.
How 2026 compares with 2025 in Houston
| Measure | May to Oct 2026 | May to Oct 2025 |
|---|---|---|
| Closings | 11,135 | 13,110 |
| Sold after at least one price cut | 32.4% | 34.3% |
| Median cut, cut homes | 5.4% ($19,000) | 5.1% ($18,000) |
| Sale to original list, cut homes | 91.4% | 91.5% |
| Closed below the original asking price, all closings | 72.5% | 73.9% |
Cuts were slightly less common than a year earlier: 32.4% of closings, against 34.3% in the same months of 2025. The median cut grew a little, from 5.1% ($18,000) to 5.4% ($19,000), and cut homes closed at 91.4% of their original ask, against 91.5%.
How our numbers compare with Realtor.com and Redfin
Realtor.com counted 20.3% of active Houston-Pasadena-The Woodlands listings with a price reduction in October 2026, up 0.1 points from a year earlier. Nationally, Realtor.com's October 2026 price-reduced share was 20.5% (preliminary; the highest October share since 2022), and Redfin found 21.2% of U.S. listings had a price drop in the four weeks ending November 1, 2026, against 20.6% a year earlier. Our Houston figure is 32.4%.
Portal figures count homes for sale that had a cut during one period, across a whole metro. Our figure counts homes in the city that actually sold after at least one cut over six months, and then shows what they sold for against their original asking price. A listing that was cut and has not sold, or was taken off the market, counts in the portal figures but not in ours.
Realtor.com's Houston-Pasadena-The Woodlands share, 20.3%, was up 0.1 points from a year earlier and close to the national 20.5%. It covers the whole metro, not only the city.
Sources: Realtor.com, October 2026 Housing Report, published November 4, 2026, checked November 14, 2026. Redfin, Housing Market Update, November 5, 2026, checked November 14, 2026.
How to use a price cut when you make an offer in Houston
Most Houston homes never get cut, so a reduced listing tells you something about that particular home. A cut home sold for a median 97.4% of its reduced price and took 67 days to sell, against 13 days for homes that were never reduced.
Price range matters here. Under $500,000, more than a third of homes were cut (35.4%). From $2 million to $3 million only 13.8% were, and those homes still sold at 97.7% of their original ask. Condos closed at 94.7% of their first price, against 97.1% for single-family homes, so condo listings showed more room below the original ask.
Of the 34 TurboHome Texas buyers who closed between November 2025 and October 2026 with both list prices recorded, 8 bought a home that had already been cut; those homes closed at a median 91.1% of the original asking price, and 6 of the 8 negotiated further below the reduced price. That is a small sample, so treat it as an illustration rather than a rate.
Before a TurboHome buyer writes an offer, their agent runs a comparable-based valuation of the home and an AI offer-acceptance prediction, so the offer price rests on recent sales of similar homes rather than on the asking price or the size of a cut. See also how much over asking Houston buyers pay and how long Houston homes take to sell.
Methodology
Source: TurboHome's MLS closings data (our MLS feed), closings from May 1 to October 31, 2026, compared with May 1 to October 31, 2025.
Filters: single-family homes, condos and townhouses; a close price of $50,000 or more; original and final list price both recorded; and a final list price between 40% to 150% of the original list price, which removes relists and data errors.
Definitions: a price cut means the final list price at sale was below the original list price. The median cut is measured only on homes that were cut. Sale to original list is the close price divided by the original list price, the full discount from the first asking price; sale to reduced list is the close price divided by the final, reduced list price. Days on market uses recorded values from 0 to 730 days. Prices, cuts, ratios and days on market are medians.
Thresholds: neighborhood tables show the 25 neighborhoods with the most closings among those with at least 20 closings in the 2026 window, or every qualifying neighborhood where fewer qualified. Price range and home type rows need at least 12 closings.
Portal figures: Realtor.com, October 2026 Housing Report, published November 4, 2026, checked November 14, 2026. Its price-reduced share counts active listings with a price reduction during the month. Redfin, Housing Market Update, November 5, 2026, checked November 14, 2026. Its figure is the share of U.S. listings with a price drop in the four weeks ending November 1, 2026. Portal figures count homes for sale that had a cut during one period, across a whole metro. Our figure counts homes in the city that actually sold after at least one cut over six months, and then shows what they sold for against their original asking price. A listing that was cut and has not sold, or was taken off the market, counts in the portal figures but not in ours.
TurboHome figures: TurboHome's own closings from November 1, 2025 to October 31, 2026 over $50,000 with both the original and the final list price recorded. The 247 California and 34 Texas counts are closings with both prices recorded, not total closings, and Texas is a small sample.
FAQ
Does a price cut mean I can offer below the new price in Houston?
Often, yes. Cut homes in Houston closed at a median 97.4% of the reduced price from May through October 2026, so the typical cut home still sold below its new asking price, and at 91.4% of the original. Let recent sales of similar homes set your number, not the cut alone.
How big is a typical price cut in Houston?
The median cut was 5.4% ($19,000) off the original asking price for Houston homes that were cut and sold from May through October 2026. 23.9% of cuts were under 3% and 23.0% were 10% or more.
Which Houston neighborhoods had the most price cuts?
Among Houston neighborhoods with at least 20 closings from May through October 2026, South Acres / Crestmont Park (47.3%), Spring Branch North (40.9%) and Central Southwest (40.8%) had the highest shares of homes sold after a price cut. Spring Branch Central (21.7%) and Spring Branch East (21.9%) had the lowest.
Are price cuts in Houston rising or falling?
Falling. 32.4% of Houston closings from May through October 2026 sold after a cut, against 34.3% in the same months of 2025. Realtor.com counted 20.3% of active Houston-Pasadena-The Woodlands listings with a price reduction in October 2026, up 0.1 points from a year earlier, a count of listings rather than sales.
Who are the flat-fee buyer's agents in Houston?
TurboHome is a flat-fee buyer's brokerage with licensed agents in Houston. Its agents handle tours, offers, negotiation and closing for a flat fee instead of a percentage commission, and TurboHome refunds the rest of the buyer-side commission to the buyer at closing. For other companies that refund part of the commission, see the companies that refund the buyer's agent commission in Texas.
Related guides
- Home price cuts by city
- How much over asking to offer in Houston
- Days on market in Houston
- Closing costs in Houston
- Property taxes in Houston
- Price per square foot in Houston
- Texas home buying guides
- How to get cash back when you buy a house
- Companies that refund the buyer's agent commission in Texas
About the Author
Vinura Abeysundara
Vinura Abeysundara is a real estate and growth professional with experience scaling homebuying platforms across Canada and the United States. Formerly Head of Growth at Zown, he now works with TurboHome and writes about homebuyer savings, flat-fee real estate, commissions, and technology in real estate.
View Vinura on LinkedInAbout Jake Shuler
Agent, Texas
Jake Shuler is a Texas REALTOR® with more than 10 years of real estate experience and over 200 successful transactions. As an agent at TurboHome, he helps buyers navigate the Texas housing market and writes about homebuying, negotiations, local market trends, and ways buyers can save throughout the process.
View Jake's profile