Houston FHA Loan Rates, Closing Costs & Stats

HOUSTON-THE WOODLANDS-SUGAR LAND, TX

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Houston's 326 lenders originated 36,211 FHA loans during 2021. The total origination value was $8,646,885,000, with an average FHA loan value of $238,792.

Houston FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Houston averaged -0.01% for the week of 2022-11-25, compared to the national average (all FHA variants) of 0% for the same period.

Houston's average FHA mortgage closing costs are $7,995.

The average rate for the prior week (2022-11-18) was 6.41% and one month ago for the week of 2022-10-21, the average rate was 6.82%.

The average rate one year ago was 3.59%.

For refis of the same type during the week of 2022-11-25, the average rate was -0.18%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Houston FHA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Houston level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
DHI MORTGAGE COMPANY, LTD. 1,781 2.90% $8,475
QUICKEN LOANS, LLC 1,548 2.71% $6,486
FREEDOM MORTGAGE CORPORATION 1,170 2.88% $6,540
LOANDEPOT.COM, LLC 1,113 3.41% $9,751
LAKEVIEW LOAN SERVICING, LLC 1,086 3.04% $5,396
CORNERSTONE HOME LENDING, INC. 1,063 3.32% $10,111
AMCAP MORTGAGE, LTD. 977 3.39% $10,298
Lakeview Community Capital, LLC 815 3.07% $5,291
Gateway First Bank 810 3.50% $7,857
UNITED WHOLESALE MORTGAGE, LLC 793 2.78% $8,555
ARK-LA-TEX FINANCIAL SERVICES, LLC. 778 3.20% $6,797
Mr. Cooper ( Nationstar Mortgage ) 767 3.28% $4,283
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 759 3.46% $8,950
CALIBER HOME LOANS, INC. 707 2.93% $7,710
NATIONS RELIABLE LENDING, LLC 694 3.54% $10,735
INTERLINC MORTGAGE SERVICES, LLC 691 3.47% $8,858
EAGLE HOME MORTGAGE, LLC 667 3.33% $8,666
PENNYMAC LOAN SERVICES, LLC 534 3.07% $5,813
GUARANTEED RATE, INC. 447 3.14% $9,606
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 442 3.03% $9,201
CROSSCOUNTRY MORTGAGE, LLC 432 3.21% $10,099
CMG MORTGAGE, INC. 425 3.05% $10,771
PULTE MORTGAGE LLC 394 3.15% $4,963
MOVEMENT MORTGAGE, LLC 313 3.37% $8,804
MID AMERICA MORTGAGE, INC. 311 3.34% $5,922
GUILD MORTGAGE COMPANY 291 3.21% $9,946
PRIMELENDING, A PLAINSCAPITAL COMPANY 287 3.54% $9,861
AmeriHome Mortgage Company, LLC 285 2.93% $5,040
VILLAGE CAPITAL MORTGAGE 277 2.94% $2,590
Network Funding, L.P. 267 3.13% $9,468
KBHS HOME LOANS, LLC 265 3.32% $10,156
Paramount Residential Mortgage Group, Inc. 260 3.24% $9,973
PLAZA HOME MORTGAGE, INC. 256 2.86% $8,936
HOMEBRIDGE FINANCIAL SERVICES, INC. 237 2.89% $7,965
THRIVE MORTGAGE, LLC 231 3.22% $10,461
NEWREZ LLC 209 2.96% $5,504
HOMETRUST MORTGAGE COMPANY 208 3.21% $8,859
EVERETT FINANCIAL, INC. 195 3.72% $7,560
K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. 195 3.08% $8,686
Flagstar Bank, FSB 183 2.79% $8,037
SECURITYNATIONAL MORTGAGE COMPANY 182 3.37% $9,809
VELOCIO MORTGAGE L.L.C. 179 3.15% $12,543
INSPIRE HOME LOANS INC. 177 3.34% $9,191
HOME POINT FINANCIAL CORPORATION 174 2.78% $8,888
CLM MORTGAGE, INC 170 3.12% $10,898
Nations Lending Corporation 163 3.09% $8,083
PLANET HOME LENDING, LLC 152 2.83% $5,743
Carrington Mortgage Services, LLC 150 3.51% $8,913
BancorpSouth Bank 143 3.10% $7,773
BROKER SOLUTIONS, INC. 139 3.11% $8,627
ADVISA MORTGAGE SERVICES, LTD. 135 3.27% $8,663
AMERICA'S CHOICE HOME LOANS LP 129 3.15% $9,573
M/I FINANCIAL, LLC 126 2.96% $9,402
Town Square Mortgage & Investments, Inc. 125 3.23% $8,413
SWBC MORTGAGE CORPORATION 125 3.39% $7,614
LEADERONE FINANCIAL CORPORATION 123 3.38% $9,082
CHERRY CREEK MORTGAGE, LLC 122 2.98% $4,987
CALCON MUTUAL MORTGAGE LLC 118 3.90% $8,990
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 117 3.43% $9,473
MORTGAGE FINANCIAL SERVICES, LLC 114 3.05% $9,337
ENVOY MORTGAGE, LTD 114 3.38% $9,854
T2 FINANCIAL LLC 106 3.58% $9,126
First Guaranty Mortgage Corporation 105 3.01% $6,350
ACADEMY MORTGAGE CORPORATION 103 3.14% $10,550
AMERICAN FINANCIAL NETWORK, INC. 98 3.17% $15,685
AMERICAN PACIFIC MORTGAGE CORPORATION 93 3.15% $9,682
EUSTIS AND AMERICAN MORTGAGE COMPANY 92 2.99% $9,220
SUN WEST MORTGAGE COMPANY, INC. 88 3.17% $8,954
CITY FIRST MORTGAGE SERVICES, L.L.C. 87 3.43% $10,777
South Pacific Financial Corporation 80 2.65% $11,605
S1L, Inc. 80 3.55% $9,536
TOWNE MORTGAGE COMPANY 80 3.14% $8,983
AMERISAVE MORTGAGE CORPORATION 76 2.91% $8,744
LEGEND LENDING CORPORATION 71 3.22% $6,966
Citizens Bank 70 2.82% $9,382
Equity Prime Mortgage LLC 69 3.23% $10,152
HOMESIDE FINANCIAL, LLC 64 3.07% $9,142
GIBRALTAR MORTGAGE SERVICES, LLC 63 3.22% $9,102
InterContinental Capital Group, Inc 60 2.72% $7,993
CERTAINTY HOME LOANS, LLC 59 3.20% $9,350
FIRST COMMUNITY MORTGAGE, INC. 56 3.25% $9,065
GUARANTEED RATE AFFINITY, LLC 55 2.91% $8,734
SOUTHWEST FUNDING, LP 53 3.47% $13,256
First United Bank and Trust Company 52 3.22% $9,322
UNION HOME MORTGAGE CORP. 51 3.21% $8,559
Hometown Lenders, Inc. 51 3.54% $9,141
CRESTMARK MORTGAGE COMPANY, LTD. 50 3.11% $14,373
PRIMARY RESIDENTIAL MORTGAGE, INC. 49 3.55% $9,685
GENEVA FINANCIAL, LLC 48 3.28% $10,439
BOKF 47 3.13% $8,365
Republic State Mortgage Co. 47 3.03% $9,344
Independent Bank 46 3.39% $8,827
GREAT WESTERN FINANCIAL SERVICES, INC. 46 3.20% $9,058
Commerce Home Mortgage, Inc. 45 3.17% $9,508
HANCOCK MORTGAGE PARTNERS, LLC 45 3.24% $10,933
BECKAM FUNDING CORP. 44 3.64% $14,743
First Home Bank 43 3.48% $9,382
CORNERSTONE MORTGAGE PARTNERS OF TEXAS, L.P. 42 3.33% $11,166
Goldwater Bank, N.A. 42 3.32% $9,713
KELLER MORTGAGE, LLC 42 2.75% $8,292
Hometown Equity Mortgage, LLC 42 3.90% $11,595
OCEANSIDE MORTGAGE COMPANY 41 2.80% $3,242
VAN DYK MORTGAGE CORPORATION 41 3.22% $8,159
ASPIRE FINANCIAL, INC. 40 2.56% $8,918
NATIONS DIRECT MORTGAGE, LLC 40 3.10% $9,661
Bank of America 40 2.86% $5,599
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 36 3.47% $9,313
BAY EQUITY LLC 36 3.06% $8,410
Wolfe Financial, Inc 34 3.41% $9,072
PANORAMA MORTGAGE GROUP, LLC 31 3.50% $9,306
FIRST CONTINENTAL MORTGAGE, LTD. 30 3.02% $6,926
TJC Mortgage, Inc. 30 2.99% $9,733
AMERICAN FINANCING CORPORATION 28 2.88% $7,937
SENTE MORTGAGE, INC. 27 3.33% $10,755
OCMBC, INC. 26 3.51% $11,275
FINANCE OF AMERICA MORTGAGE LLC 25 2.92% $8,660
PRIORITY HOME MORTGAGE, L.P. 25 3.21% $8,115
First Savings Bank 25 3.31% $11,868
FBC MORTGAGE, LLC 25 3.15% $9,478
DAS Acquisition Company, LLC 24 3.54% $10,947
MICHIGAN MUTUAL, INC. 23 3.39% $11,643
FC LENDING, LTD. 23 3.31% $8,416
Loan Simple, Inc. 21 3.66% $9,926
Encompass Lending Group, LP 21 3.09% $10,139
LOANPAL, LLC 21 2.57% $10,297
MUTUAL OF OMAHA MORTGAGE, INC. 20 2.83% $8,701
Victorian Finance, LLC 20 3.11% $8,418
Trinity Oaks Mortgage, LLC 20 3.08% $8,610
OPEN MORTGAGE, LLC 20 3.04% $9,952
ARC HOME LLC 20 2.99% $8,637
Austin Capital Bank SSB 19 3.28% $10,180
LAND HOME FINANCIAL SERVICES, INC. 19 3.81% $9,653
NOVA FINANCIAL & INVESTMENT CORPORATION 19 3.06% $7,668
Wallick & Volk, Inc. 18 3.29% $8,677
DRAPER AND KRAMER MORTGAGE CORP. 18 3.48% $9,421
MOUNTAIN WEST FINANCIAL, INC. 17 3.46% $8,609
FIRST CENTENNIAL MORTGAGE CORPORATION 17 3.00% $9,152
U.S. Bank 17 2.97% $8,525
SUMMIT FUNDING, INC. 17 3.63% $9,727
JPMorgan Chase Bank 17 2.99% $6,674
CHURCHILL MORTGAGE CORPORATION 15 2.96% $9,349
MORIA DEVELOPMENT, INC. 15 3.48% $10,509
The Federal Savings Bank 15 3.06% $9,843
UNIVERSITY Federal Credit Union 14 2.61% $8,636
Amerifirst Financial, Inc. 14 3.39% $7,574
Low VA Rates, LLC 14 2.83% $4,072
CELEBRITY HOME LOANS, LLC 13 3.05% $9,517
Colonial Savings, F.A. 13 3.00% $7,231
Mortgage Research Center, LLC 13 3.05% $8,088
ZILLOW HOME LOANS, LLC 13 2.61% $9,763
HOME FINANCING UNLIMITED, INC. 12 3.10% $9,720
STEARNS LENDING, LLC 12 3.07% $7,883
First National Bank Texas 12 2.94% $8,016
INFINITY MORTGAGE HOLDINGS, LLC 12 3.42% $9,443
DIRECTIONS EQUITY, LLC 11 3.47% $8,955
Blue Ridge Bank 10 2.71% $8,685
Bank of England 10 3.33% $11,135
RANLIFE, INC. 10 2.99% $10,369
ENDEAVOR CAPITAL, LLC. 10 2.94% $3,696
Regions Bank 9 2.94% $8,909
Origin Bank 9 3.01% $8,527
Ixonia Bank 9 3.63% $9,679
SOUTHWEST STAGE FUNDING, LLC 9 3.14% $7,048
MORTGAGE SOLUTIONS OF COLORADO, LLC 9 3.72% $12,099
WILLOW BEND MORTGAGE COMPANY, LLC 9 3.21% $10,217
Colten Mortgage, LLC 8 2.98% $7,141
HOMEWAY MORTGAGE LLC 8 2.92% $9,276
SFMC, LP 8 3.59% $11,270
City Bank 8 3.58% $8,717
Waterstone Mortgage Corporation 8 3.22% $8,635
First Option Mortgage, LLC 8 3.23% $9,098
LHM FINANCIAL CORPORATION 8 3.11% $10,573
NATIONWIDE MORTGAGE BANKERS, INC. 8 3.25% $10,055
NexBank 8 2.97% $12,150
NFM, INC. 7 3.39% $9,864
TEXAS DOW EMPLOYEES CREDIT UNION 7 3.59% $10,056
MEGA CAPITAL FUNDING, INC. 7 2.25% $9,565
LIBERTY HOME MORTGAGE CORPORATION 7 2.80% $12,608
Barrington Bank & Trust Company, N.A. 6 3.85% $9,838
HOMEOWNERS FINANCIAL GROUP USA, LLC 6 2.92% $8,731
AMERICAN HOMESTAR MORTGAGE, L.L.C. 6 2.92% $9,555
ROUNDPOINT MORTGAGE SERVICING CORPORATION 6 3.29% $9,682
V.I.P. MORTGAGE, INC. 6 2.98% $11,385
Magnolia Bank 6 3.04% $7,436
DEVELOPER'S MORTGAGE COMPANY 6 2.92% $7,474
Trustmark National Bank 6 2.88% $8,444
AmRes Corporation 6 2.98% $10,093
PILGRIM MORTGAGE LLC 6 3.23% $8,106
AMERICAN FINANCIAL RESOURCES, INC. 6 3.46% $9,150
NTFN, INC. 6 3.15% $6,609
Paramount Bank 6 2.65% $10,984
COUNTRYPLACE MORTGAGE, LTD. 5 3.15% $12,321
RESIDENTIAL BANCORP. 5 2.98% $7,527
First Horizon Bank 5 2.95% $8,630
Ameris Bank 5 2.73% $9,067
Peoples Bank 5 3.40% $9,782
PHH Mortgage Corporation 5 3.38% $5,634
Prosperity Home Mortgage, LLC 5 3.35% $7,373
Century Mortgage Company DBA Century Lending Company 5 3.13% $9,683
Prosperity Bank 5 2.68% $8,537
BETTER MORTGAGE CORPORATION 5 2.88% $6,669
Home Mortgage Alliance Corp 5 3.50% $10,750
CALCULATED RISK ANALYTICS LLC 5 2.75% $8,622
FAY SERVICING, LLC 4 2.84% $4,415
United Fidelity Funding Corp. 4 3.28% $7,540
WESTERN EXPRESS LENDING 4 3.22% $11,118
SOVEREIGN LENDING GROUP INCORPORATED 4 3.06% $10,656
INLANTA MORTGAGE, INC. 4 3.00% $9,759
A&D Mortgage LLC 4 2.75% $8,705
VANDERBILT MORTGAGE AND FINANCE, INC. 4 3.19% $10,465
BBVA USA 4 3.38% $8,462
PREMIA MORTGAGE, LLC 4 2.62% $7,124
FLAT BRANCH MORTGAGE, INC. 4 2.97% $10,968
HAMILTON HOME LOANS, INC. 4 3.31% $10,940
Residential Mortgage Solutions, Inc. 4 2.50% $7,692
BNC National Bank 4 2.66% $9,969
First Financial Bank 4 3.09% $10,276
Zions Bancorporation, N.A. 3 2.67% $6,686
Assurance Financial Group, L.L.C. 3 2.92% $9,615
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 2.75% $6,620
BAYSHORE MORTGAGE FUNDING, LLC 3 3.08% $6,673
CANOPY MORTGAGE, LLC 3 2.91% $11,721
CityWorth Mortgage LLC 3 3.00% $12,752
CONTOUR MORTGAGE CORPORATION 3 2.75% $10,044
Credence Funding Corporation 3 2.67% $4,855
EMM LOANS LLC 3 3.42% $7,120
Evolve Bank & Trust 3 3.04% $10,543
FIDELITY BANK 3 3.04% $10,557
Guaranty Bank & Trust, N.A. 3 2.79% $8,831
Hancock Whitney Bank 3 2.50% $9,680
MEMBER HOME LOAN, L.L.C. 3 3.00% $11,624
NBKC BANK 3 2.88% $9,554
North American Savings Bank, F.S.B. 3 2.63% $8,426
Northpointe Bank 3 3.54% $10,754
ROYAL UNITED MORTGAGE LLC 3 3.04% $6,503
Shea Mortgage Inc. 3 2.83% $6,283
Stride Bank 3 4.08% $10,573
SUCCESS MORTGAGE PARTNERS, INC. 3 3.54% $8,356
The Home Loan Expert LLC 3 3.13% $8,145
THE MORTGAGE FIRM, INC. 3 3.42% $9,508
UNITED SECURITY FINANCIAL CORP 3 2.79% $7,268
EMBRACE HOME LOANS, INC. 2 2.88% $7,111
Strong Home Mortgage, LLC 2 2.69% $6,408
TruHome Solutions, LLC 2 2.75% $8,426
Amarillo National Bank 2 3.13% $8,857
DATA MORTGAGE, INC. 2 3.25% $8,581
ANGEL OAK HOME LOANS LLC 2 2.88% $11,509
MORTGAGE MANAGEMENT CONSULTANTS, INC. 2 3.63% $5,805
Prime Choice Funding Inc. 2 3.06% $7,333
INTERCAP LENDING INC. 2 4.06% $7,478
SOUTHPOINT FINANCIAL SERVICES, INC. 2 2.93% $8,659
First National Bank of Omaha 2 2.75% $9,454
M&T Bank 2 3.06% $5,976
Renasant Bank 2 3.19% $11,022
CITYWIDE HOME LOANS, LLC 2 3.81% $9,287
The Huntington National Bank 2 3.06% $9,411
VERITAS FUNDING, LLC 2 3.38% $9,795
JAMES B. NUTTER & COMPANY 2 2.88% $4,317
Cadence Bank, N.A. 2 2.44% $8,149
BEST CAPITAL FUNDING 2 3.25% $11,328
International Bank of Commerce 2 3.50% $10,000
TIAA, FSB 2 2.38% $6,162
MEMBER FIRST MORTGAGE, LLC 2 2.75% $9,349
PATRIOT MORTGAGE COMPANY 2 2.69% $9,062
OVM FINANCIAL, INC. 2 2.81% $8,627
TOP FLITE FINANCIAL, INC. 2 2.81% $13,611
Platinum Home Mortgage Corporation 2 2.75% $16,867
American Mortgage Bank, LLC 2 3.94% $11,310
FAMILY FIRST FUNDING LLC 2 3.13% $9,475
NP, Inc. 2 3.31% $8,453
GMFS LLC 1 2.50% $8,326
FirstTrust Home Loans, Inc. 1 3.63% $9,308
First Standard Financial Corp. 1 3.25% $12,220
First National Bank 1 3.63% $6,837
Wyndham Capital Mortgage, Inc. 1 3.13% $9,820
ALL WESTERN MORTGAGE, INC. 1 3.13% $8,654
First Bank & Trust 1 2.75% $9,359
NORWICH COMMERCIAL GROUP, INC. 1 3.25% $9,857
TOTAL MORTGAGE SERVICES, LLC 1 3.25% $7,473
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.25% $11,209
DELMAR FINANCIAL COMPANY 1 3.13% $8,352
CRESCENT MORTGAGE COMPANY 1 2.63% $8,262
UNITED MORTGAGE CORP. 1 2.38% $8,576
UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 2.63% $9,431
AHL FUNDING 1 3.25% $10,051
COMPASS MORTGAGE, INC. 1 2.38% $3,854
Commercial Bank of Texas 1 2.63% $11,375
Comerica Bank 1 2.75% $5,658
CLEARPATH LENDING 1 2.75% $5,220
Chambers Bank 1 2.38% $6,319
CAPITAL CONCEPTS, INC. 1 2.88% $12,311
Axos Bank 1 3.13% $9,372
Watermark Capital, Inc. 1 3.25% $8,497
Atlantic Home Loans, Inc. 1 3.13% $9,003
Opendoor Home Loans LLC 1 2.25% $9,483
ON Q FINANCIAL, INC. 1 2.25% $10,543
PLUS RELOCATION MORTGAGE, LLC 1 2.63% $9,064
Fifth Third Bank 1 3.00% $7,239
NMSI, INC. 1 3.25% $12,220
Princeton Mortgage Corporation 1 2.63% $9,439
Priority Bank 1 2.38% $11,946
MLD MORTGAGE INC. 1 3.25% $6,885
Midwest Mortgage Associates Corporation 1 2.38% $8,907
MEGASTAR FINANCIAL CORP. 1 3.00% $6,924
Luxury Mortgage Corp. 1 3.25% $7,850
RELIANCE FIRST CAPITAL, LLC 1 2.38% $11,630
LOANPEOPLE, LLC 1 2.75% $7,471
LOANLEADERS OF AMERICA, INC. 1 3.75% $8,791
RESIDENTIAL HOME FUNDING CORP. 1 4.75% $10,964
LENDUS, LLC 1 3.00% $5,536
LENDING 3, INC. 1 3.75% $8,650
Wells Fargo Bank 1 3.25% $7,489
RUOFF MORTGAGE COMPANY, INC. 1 3.38% $11,885
LADERA LENDING, INC. 1 2.63% $9,164
Sabine State Bank and Trust Company 1 2.63% $8,188
JET DIRECT FUNDING CORP 1 2.50% $14,672
Shamrock Home Loans, Inc. 1 2.75% $7,907
SIRVA MORTGAGE, INC. 1 3.00% $8,562
SIWELL, INC. 1 2.88% $8,424
HOMESTEAD FUNDING CORP. 1 2.75% $6,776
HALLMARK HOME MORTGAGE, LLC 1 3.25% $9,317
GUARANTY HOME MORTGAGE CORPORATION 1 3.00% $4,635
GSB MORTGAGE, INC. 1 3.50% $6,851
STOCKTON MORTGAGE CORPORATION 1 4.13% $8,442
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 3.50% $9,647
Sunflower Bank 1 4.13% $8,255

The top Houston FHA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 1,781 FHA loans originated. Their average total fees are $8,475, which is $1,990 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Houston FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE ($2,590), OCEANSIDE MORTGAGE COMPANY ($3,242), ENDEAVOR CAPITAL, LLC. ($3,696), Low VA Rates, LLC ($4,072) and Mr. Cooper ( Nationstar Mortgage ) ($4,283).

The lowest rate Houston FHA lenders (with over 10 loans originated) are ASPIRE FINANCIAL, INC. (2.56%), LOANPAL, LLC (2.57%), ZILLOW HOME LOANS, LLC (2.61%), UNIVERSITY Federal Credit Union (2.61%) and South Pacific Financial Corporation (2.65%).

Houston FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
HOUSTON-THE WOODLANDS-SUGAR LAND, TX AUSTIN 2022 $420,680 $538,650 $651,050 $809,150
HOUSTON-THE WOODLANDS-SUGAR LAND, TX BRAZORIA 2022 $420,680 $538,650 $651,050 $809,150
HOUSTON-THE WOODLANDS-SUGAR LAND, TX CHAMBERS 2022 $420,680 $538,650 $651,050 $809,150
HOUSTON-THE WOODLANDS-SUGAR LAND, TX FORT BEND 2022 $420,680 $538,650 $651,050 $809,150
HOUSTON-THE WOODLANDS-SUGAR LAND, TX GALVESTON 2022 $420,680 $538,650 $651,050 $809,150
HOUSTON-THE WOODLANDS-SUGAR LAND, TX HARRIS 2022 $420,680 $538,650 $651,050 $809,150
HOUSTON-THE WOODLANDS-SUGAR LAND, TX LIBERTY 2022 $420,680 $538,650 $651,050 $809,150
HOUSTON-THE WOODLANDS-SUGAR LAND, TX MONTGOMERY 2022 $420,680 $538,650 $651,050 $809,150
HOUSTON-THE WOODLANDS-SUGAR LAND, TX WALLER 2022 $420,680 $538,650 $651,050 $809,150

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Houston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $318,500 (2.8%) $435,101 (2.9%) 1.18 22,151
2018-02-01 $321,500 (3.2%) $442,053 (3.6%) 1.17 22,076
2018-03-01 $325,000 (2.6%) $449,747 (3.5%) 1.14 22,888
2018-04-01 $329,000 (2.8%) $456,449 (3.9%) 1.12 24,827
2018-05-01 $329,950 (3.1%) $458,819 (4.5%) 1.10 26,244
2018-06-01 $329,000 (2.8%) $455,942 (4.8%) 1.10 27,669
2018-07-01 $322,450 (2.4%) $447,522 (4.7%) 1.08 29,012
2018-08-01 $319,200 (4.0%) $440,015 (4.7%) 1.07 29,415
2018-09-01 $315,000 (2.3%) $437,999 (3.3%) 1.06 28,945
2018-10-01 $312,645 (0.5%) $436,698 (1.6%) 1.06 28,678
2018-11-01 $310,000 (-1.6%) $436,936 (0.7%) 1.05 28,131
2018-12-01 $308,500 (-2.1%) $432,840 (0.2%) 1.06 27,036
2019-01-01 $307,556 (-3.4%) $431,471 (-0.8%) 1.06 25,958
2019-02-01 $310,000 (-3.6%) $437,520 (-1.0%) 1.05 26,233
2019-03-01 $317,211 (-2.4%) $448,046 (-0.4%) 1.04 26,958
2019-04-01 $322,747 (-1.9%) $456,547 (0.0%) 1.02 27,877
2019-05-01 $324,900 (-1.5%) $457,834 (-0.2%) 1.02 28,962
2019-06-01 $322,843 (-1.9%) $454,118 (-0.4%) 1.01 30,320
2019-07-01 $317,495 (-1.5%) $446,771 (-0.2%) 0.99 31,163
2019-08-01 $313,609 (-1.8%) $444,074 (0.9%) 0.99 30,584
2019-09-01 $311,523 (-1.1%) $442,415 (1.0%) 1.00 29,797
2019-10-01 $309,450 (-1.0%) $441,308 (1.1%) 1.00 29,092
2019-11-01 $304,500 (-1.8%) $440,263 (0.8%) 1.00 28,224
2019-12-01 $299,992 (-2.8%) $438,176 (1.2%) 1.00 26,414
2020-01-01 $299,900 (-2.5%) $439,390 (1.8%) 1.00 25,079
2020-02-01 $302,990 (-2.3%) $444,578 (1.6%) 0.99 25,133
2020-03-01 $311,450 (-1.8%) $453,047 (1.1%) 0.98 25,925
2020-04-01 $310,495 (-3.8%) $448,921 (-1.7%) 0.97 26,467
2020-05-01 $319,000 (-1.8%) $459,970 (0.5%) 0.97 25,807
2020-06-01 $325,000 (0.7%) $477,605 (5.2%) 0.96 23,812
2020-07-01 $326,495 (2.8%) $484,498 (8.4%) 0.95 22,739
2020-08-01 $329,000 (4.9%) $491,885 (10.8%) 0.94 21,862
2020-09-01 $330,975 (6.2%) $495,362 (12.0%) 0.95 20,417
2020-10-01 $331,596 (7.2%) $494,118 (12.0%) 0.95 19,769
2020-11-01 $332,195 (9.1%) $494,012 (12.2%) 0.97 19,011
2020-12-01 $329,250 (9.8%) $491,901 (12.3%) 0.98 17,619
2021-01-01 $329,900 (10.0%) $497,505 (13.2%) 0.98 15,997
2021-02-01 $332,500 (9.7%) $507,358 (14.1%) 0.97 14,130
2021-03-01 $340,183 (9.2%) $520,802 (15.0%) 0.97 12,881
2021-04-01 $349,450 (12.6%) $538,189 (19.9%) 0.95 12,202
2021-05-01 $358,000 (12.2%) $552,314 (20.1%) 0.95 12,095
2021-06-01 $365,000 (12.3%) $554,074 (16.0%) 0.96 13,449
2021-07-01 $365,000 (11.8%) $543,757 (12.2%) 0.96 15,013
2021-08-01 $361,658 (9.9%) $526,011 (6.9%) 0.96 16,359
2021-09-01 $361,291 (9.2%) $520,671 (5.1%) 0.96 16,257
2021-10-01 $359,900 (8.5%) $518,150 (4.9%) 0.96 15,671
2021-11-01 $359,950 (8.4%) $524,342 (6.1%) 0.96 14,713
2021-12-01 $359,945 (9.3%) $521,699 (6.1%) 0.98 13,454
2022-01-01 $356,863 (8.2%) $518,804 (4.3%) 0.96 12,042
2022-02-01 $361,400 (8.7%) $530,114 (4.5%) 0.94 11,074
2022-03-01 $372,500 (9.5%) $542,618 (4.2%) 0.93 10,703
2022-04-01 $389,659 (11.5%) $557,886 (3.7%) 0.93 11,034
2022-05-01 $397,950 (11.2%) $570,832 (3.4%) 0.91 12,671
2022-06-01 $398,750 (9.3%) $560,891 (1.2%) 0.89 14,921
2022-07-01 $389,990 (6.9%) $538,567 (-1.0%) 0.88 18,446
2022-08-01 $382,495 (5.8%) $523,787 (-0.4%) 0.88 20,156
2022-09-01 $375,495 (3.9%) $513,728 (-1.3%) 0.88 20,469
2022-10-01 $369,000 (2.5%) $507,988 (-2.0%) 0.87 20,844
Houston's median listing price for 2022-10-01 was $369,000, a difference of $9,100 (2.5%) versus the prior year and $-6,495 versus the prior month.

Houston's median listing price comes in at 87% of the national average.

Houston's average listing price for 2022-10-01 was $507,988, a difference of $-10,162 (-2.0%) versus the prior year and $-5,740 versus the prior month.

For the 2022-10-01 period, Houston had 20,844 MLS listings, a difference of 375 listings (2%) versus the prior month and 5,173 listings (33%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Houston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 74 days 2,531 sqft
2018-02-01 65 days 2,531 sqft
2018-03-01 49 days 2,558 sqft
2018-04-01 44 days 2,569 sqft
2018-05-01 43 days 2,582 sqft
2018-06-01 45 days 2,584 sqft
2018-07-01 51 days 2,561 sqft
2018-08-01 54 days 2,539 sqft
2018-09-01 59 days 2,513 sqft
2018-10-01 64 days 2,496 sqft
2018-11-01 64 days 2,485 sqft
2018-12-01 69 days 2,469 sqft
2019-01-01 74 days 2,449 sqft
2019-02-01 65 days 2,450 sqft
2019-03-01 55 days 2,471 sqft
2019-04-01 51 days 2,497 sqft
2019-05-01 51 days 2,507 sqft
2019-06-01 53 days 2,512 sqft
2019-07-01 53 days 2,495 sqft
2019-08-01 56 days 2,471 sqft
2019-09-01 59 days 2,450 sqft
2019-10-01 62 days 2,432 sqft
2019-11-01 64 days 2,410 sqft
2019-12-01 70 days 2,389 sqft
2020-01-01 76 days 2,376 sqft
2020-02-01 64 days 2,380 sqft
2020-03-01 54 days 2,392 sqft
2020-04-01 59 days 2,384 sqft
2020-05-01 65 days 2,408 sqft
2020-06-01 61 days 2,423 sqft
2020-07-01 53 days 2,423 sqft
2020-08-01 52 days 2,408 sqft
2020-09-01 60 days 2,388 sqft
2020-10-01 60 days 2,347 sqft
2020-11-01 60 days 2,320 sqft
2020-12-01 61 days 2,282 sqft
2021-01-01 60 days 2,251 sqft
2021-02-01 53 days 2,218 sqft
2021-03-01 58 days 2,222 sqft
2021-04-01 49 days 2,230 sqft
2021-05-01 46 days 2,241 sqft
2021-06-01 42 days 2,254 sqft
2021-07-01 41 days 2,258 sqft
2021-08-01 42 days 2,241 sqft
2021-09-01 47 days 2,227 sqft
2021-10-01 53 days 2,210 sqft
2021-11-01 56 days 2,191 sqft
2021-12-01 54 days 2,161 sqft
2022-01-01 63 days 2,128 sqft
2022-02-01 41 days 2,109 sqft
2022-03-01 38 days 2,128 sqft
2022-04-01 36 days 2,148 sqft
2022-05-01 33 days 2,179 sqft
2022-06-01 32 days 2,200 sqft
2022-07-01 34 days 2,198 sqft
2022-08-01 38 days 2,182 sqft
2022-09-01 46 days 2,158 sqft
2022-10-01 49 days 2,142 sqft
Houston's median listing age (time on market) for 2022-10-01 was 49 days. This is -8% shorter than the same period one year ago.

Houston's median square footage for active listings during the 2022-10-01 period was 2,142 sqft. One year prior, the average listing was 2,210 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).