Texas Median Listing Price Fell to $359,990 in August—Price for Today’s Buyers

Texas median listing price eased in August

Realtor.com housing inventory data via FRED series MEDLISPRITX shows Texas’s median listing price at $359,990 in August 2026, down from $365,000 in July and $365,868 in June. That is a cooler ask than mid-summer—not a fire-sale print, and not a substitute for your local comps in Longview, Tyler, Lufkin, or surrounding East Texas markets.

Statewide medians smooth over a lot of local variation. Use them as a direction signal: asking prices came off the June–July peak. Your street still needs recent solds and active competition.

Rate backdrop still pressures buyer math

Freddie Mac’s Primary Mortgage Market Survey as of Sept. 17, 2026 put the U.S. 30-year fixed average at 6.95% (prior week 6.76%; year-ago 6.26%). The 15-year averaged 6.26%. Payment math for many East Texas buyers is still tight even when statewide asking medians soften a notch.

Put together: slightly softer August asks plus a mid-September rate print near 7% is a seller’s cue to price for the buyer who still qualifies—not last spring’s scroll.

What East Texas sellers should do

Refresh photos and disclosures. Price to recent closed comps and active competition, not the peak summer ask. If showings are soft, ask whether the issue is condition, presentation, or payment friction at today’s rates. If the home has already sat, a proactive price strategy beats hoping rates reverse overnight.

OnTheMarketTexas helps Texas sellers understand market timing and listing strategy. We do not invent local sale prices or guaranteed days-on-market outcomes in this article.

Takeaway: August’s $359,990 Texas median listing price plus a 6.95% 30-year print is a realism week—price for today’s buyer payment, especially across East Texas metros.

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