In the third quarter of 2025, 39% of Greater Houston households could afford a median-priced home, up from 37% last year, due to a 1.9% drop in home prices to $341,600 and steady mortgage rates around 6.5%. Rent affordability also improved, with 45% able to lease single-family homes. Houston's affordability trends align with Texas but contrast with national increases in home prices.
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