Houston FHA Loans

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 5.25% for the week of 2022-05-13, compared to the national average (all FHA variants) of 5.361% for the same period.

The average rate for the prior week (2022-05-06) was 5.28% and one month ago for the week of 2022-04-08, the average rate was 5.14%.

The average rate one year ago was 2.95%.

For refis of the same type during the week of 2022-05-13, the average rate was 4.88%.

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 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. Total Fees
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 & INVESTMENT LLC 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
SWBC MORTGAGE CORPORATION 125 3.39% $7,614
Town Square Mortgage & Investments, Inc. 125 3.23% $8,413
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
S1L, Inc. 80 3.55% $9,536
South Pacific Financial Corporation 80 2.65% $11,605
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
GREAT WESTERN FINANCIAL SERVICES, INC. 46 3.20% $9,058
Independent Bank 46 3.39% $8,827
HANCOCK MORTGAGE PARTNERS, LLC 45 3.24% $10,933
Commerce Home Mortgage, Inc. 45 3.17% $9,508
BECKAM FUNDING CORP. 44 3.64% $14,743
First Home Bank 43 3.48% $9,382
Hometown Equity Mortgage, LLC 42 3.90% $11,595
Goldwater Bank, N.A. 42 3.32% $9,713
KELLER MORTGAGE, LLC 42 2.75% $8,292
CORNERSTONE MORTGAGE PARTNERS OF TEXAS, L.P. 42 3.33% $11,166
OCEANSIDE MORTGAGE COMPANY 41 2.80% $3,242
VAN DYK MORTGAGE CORPORATION 41 3.22% $8,159
Bank of America 40 2.86% $5,599
ASPIRE FINANCIAL, INC. 40 2.56% $8,918
NATIONS DIRECT MORTGAGE, LLC 40 3.10% $9,661
BAY EQUITY LLC 36 3.06% $8,410
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 36 3.47% $9,313
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
First Savings Bank 25 3.31% $11,868
PRIORITY HOME MORTGAGE, L.P. 25 3.21% $8,115
FINANCE OF AMERICA MORTGAGE LLC 25 2.92% $8,660
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
LOANPAL, LLC 21 2.57% $10,297
Encompass Lending Group, LP 21 3.09% $10,139
Loan Simple, Inc. 21 3.66% $9,926
MUTUAL OF OMAHA MORTGAGE, INC. 20 2.83% $8,701
Trinity Oaks Mortgage, LLC 20 3.08% $8,610
ARC HOME LLC 20 2.99% $8,637
OPEN MORTGAGE, LLC 20 3.04% $9,952
Victorian Finance, LLC 20 3.11% $8,418
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
DRAPER AND KRAMER MORTGAGE CORP. 18 3.48% $9,421
Wallick & Volk, Inc. 18 3.29% $8,677
U.S. Bank 17 2.97% $8,525
MOUNTAIN WEST FINANCIAL, INC. 17 3.46% $8,609
FIRST CENTENNIAL MORTGAGE CORPORATION 17 3.00% $9,152
SUMMIT FUNDING, INC. 17 3.63% $9,727
JPMorgan Chase Bank 17 2.99% $6,674
CHURCHILL MORTGAGE CORPORATION 15 2.96% $9,349
The Federal Savings Bank 15 3.06% $9,843
MORIA DEVELOPMENT, INC. 15 3.48% $10,509
UNIVERSITY Federal Credit Union 14 2.61% $8,636
Low VA Rates, LLC 14 2.83% $4,072
Amerifirst Financial, Inc. 14 3.39% $7,574
ZILLOW HOME LOANS, LLC 13 2.61% $9,763
Mortgage Research Center, LLC 13 3.05% $8,088
CELEBRITY HOME LOANS, LLC 13 3.05% $9,517
Colonial Savings, F.A. 13 3.00% $7,231
INFINITY MORTGAGE HOLDINGS, LLC 12 3.42% $9,443
First National Bank Texas 12 2.94% $8,016
HOME FINANCING UNLIMITED, INC. 12 3.10% $9,720
STEARNS LENDING, LLC 12 3.07% $7,883
DIRECTIONS EQUITY, LLC 11 3.47% $8,955
ENDEAVOR CAPITAL, LLC. 10 2.94% $3,696
Blue Ridge Bank 10 2.71% $8,685
Bank of England 10 3.33% $11,135
RANLIFE, INC. 10 2.99% $10,369
SOUTHWEST STAGE FUNDING, LLC 9 3.14% $7,048
MORTGAGE SOLUTIONS OF COLORADO, LLC 9 3.72% $12,099
Regions Bank 9 2.94% $8,909
Origin Bank 9 3.01% $8,527
Ixonia Bank 9 3.63% $9,679
WILLOW BEND MORTGAGE COMPANY, LLC 9 3.21% $10,217
First Option Mortgage, LLC 8 3.23% $9,098
HOMEWAY MORTGAGE LLC 8 2.92% $9,276
Colten Mortgage, LLC 8 2.98% $7,141
SFMC, LP 8 3.59% $11,270
Waterstone Mortgage Corporation 8 3.22% $8,635
LHM FINANCIAL CORPORATION 8 3.11% $10,573
NATIONWIDE MORTGAGE BANKERS, INC. 8 3.25% $10,055
City Bank 8 3.58% $8,717
NexBank 8 2.97% $12,150
MEGA CAPITAL FUNDING, INC. 7 2.25% $9,565
LIBERTY HOME MORTGAGE CORPORATION 7 2.80% $12,608
TEXAS DOW EMPLOYEES CREDIT UNION 7 3.59% $10,056
NFM, INC. 7 3.39% $9,864
Trustmark National Bank 6 2.88% $8,444
PILGRIM MORTGAGE LLC 6 3.23% $8,106
AmRes Corporation 6 2.98% $10,093
V.I.P. MORTGAGE, INC. 6 2.98% $11,385
AMERICAN HOMESTAR MORTGAGE, L.L.C. 6 2.92% $9,555
Magnolia Bank 6 3.04% $7,436
DEVELOPER'S MORTGAGE COMPANY 6 2.92% $7,474
Paramount Bank 6 2.65% $10,984
Barrington Bank & Trust Company, N.A. 6 3.85% $9,838
NTFN, INC. 6 3.15% $6,609
AMERICAN FINANCIAL RESOURCES, INC. 6 3.46% $9,150
ROUNDPOINT MORTGAGE SERVICING CORPORATION 6 3.29% $9,682
HOMEOWNERS FINANCIAL GROUP USA, LLC 6 2.92% $8,731
First Horizon Bank 5 2.95% $8,630
PHH Mortgage Corporation 5 3.38% $5,634
Century Mortgage Company DBA Century Lending Company 5 3.13% $9,683
Prosperity Home Mortgage, LLC 5 3.35% $7,373
Prosperity Bank 5 2.68% $8,537
BETTER MORTGAGE CORPORATION 5 2.88% $6,669
RESIDENTIAL BANCORP. 5 2.98% $7,527
Peoples Bank 5 3.40% $9,782
Ameris Bank 5 2.73% $9,067
CALCULATED RISK ANALYTICS LLC 5 2.75% $8,622
COUNTRYPLACE MORTGAGE, LTD. 5 3.15% $12,321
Home Mortgage Alliance Corp 5 3.50% $10,750
BNC National Bank 4 2.66% $9,969
A&D Mortgage LLC 4 2.75% $8,705
BBVA USA 4 3.38% $8,462
FAY SERVICING, LLC 4 2.84% $4,415
First Financial Bank 4 3.09% $10,276
FLAT BRANCH MORTGAGE, INC. 4 2.97% $10,968
HAMILTON HOME LOANS, INC. 4 3.31% $10,940
INLANTA MORTGAGE, INC. 4 3.00% $9,759
PREMIA MORTGAGE, LLC 4 2.62% $7,124
Residential Mortgage Solutions, Inc. 4 2.50% $7,692
SOVEREIGN LENDING GROUP INCORPORATED 4 3.06% $10,656
United Fidelity Funding Corp. 4 3.28% $7,540
VANDERBILT MORTGAGE AND FINANCE, INC. 4 3.19% $10,465
WESTERN EXPRESS LENDING 4 3.22% $11,118
Credence Funding Corporation 3 2.67% $4,855
Northpointe Bank 3 3.54% $10,754
Hancock Whitney Bank 3 2.50% $9,680
SUCCESS MORTGAGE PARTNERS, INC. 3 3.54% $8,356
Stride Bank 3 4.08% $10,573
EMM LOANS LLC 3 3.42% $7,120
Evolve Bank & Trust 3 3.04% $10,543
Guaranty Bank & Trust, N.A. 3 2.79% $8,831
Shea Mortgage Inc. 3 2.83% $6,283
FIDELITY BANK 3 3.04% $10,557
ROYAL UNITED MORTGAGE LLC 3 3.04% $6,503
BAYSHORE MORTGAGE FUNDING, LLC 3 3.08% $6,673
CANOPY MORTGAGE, LLC 3 2.91% $11,721
UNITED SECURITY FINANCIAL CORP 3 2.79% $7,268
North American Savings Bank, F.S.B. 3 2.63% $8,426
CityWorth Mortgage LLC 3 3.00% $12,752
THE MORTGAGE FIRM, INC. 3 3.42% $9,508
The Home Loan Expert LLC 3 3.13% $8,145
NBKC BANK 3 2.88% $9,554
Assurance Financial Group, L.L.C. 3 2.92% $9,615
MEMBER HOME LOAN, L.L.C. 3 3.00% $11,624
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 2.75% $6,620
CONTOUR MORTGAGE CORPORATION 3 2.75% $10,044
Zions Bancorporation, N.A. 3 2.67% $6,686
VERITAS FUNDING, LLC 2 3.38% $9,795
NP, Inc. 2 3.31% $8,453
MEMBER FIRST MORTGAGE, LLC 2 2.75% $9,349
Manufacturers and Traders Trust Company 2 3.06% $5,976
OVM FINANCIAL, INC. 2 2.81% $8,627
PATRIOT MORTGAGE COMPANY 2 2.69% $9,062
JAMES B. NUTTER & COMPANY 2 2.88% $4,317
International Bank of Commerce 2 3.50% $10,000
Platinum Home Mortgage Corporation 2 2.75% $16,867
INTERCAP LENDING INC. 2 4.06% $7,478
Prime Choice Funding Inc. 2 3.06% $7,333
Renasant Bank 2 3.19% $11,022
First National Bank of Omaha 2 2.75% $9,454
Amarillo National Bank 2 3.13% $8,857
FAMILY FIRST FUNDING LLC 2 3.13% $9,475
SOUTHPOINT FINANCIAL SERVICES, INC. 2 2.93% $8,659
EMBRACE HOME LOANS, INC. 2 2.88% $7,111
Strong Home Mortgage, LLC 2 2.69% $6,408
DATA MORTGAGE, INC. 2 3.25% $8,581
The Huntington National Bank 2 3.06% $9,411
TIAA, FSB 2 2.38% $6,162
TOP FLITE FINANCIAL, INC. 2 2.81% $13,611
CITYWIDE HOME LOANS, LLC 2 3.81% $9,287
TruHome Solutions, LLC 2 2.75% $8,426
Cadence Bank, N.A. 2 2.44% $8,149
BEST CAPITAL FUNDING 2 3.25% $11,328
ANGEL OAK HOME LOANS LLC 2 2.88% $11,509
American Mortgage Bank, LLC 2 3.94% $11,310
MORTGAGE MANAGEMENT CONSULTANTS, INC. 2 3.63% $5,805
SIWELL, INC. 1 2.88% $8,424
GUARANTY HOME MORTGAGE CORPORATION 1 3.00% $4,635
NORWICH COMMERCIAL GROUP, INC. 1 3.25% $9,857
HALLMARK HOME MORTGAGE, LLC 1 3.25% $9,317
Atlantic Home Loans, Inc. 1 3.13% $9,003
ALL WESTERN MORTGAGE, INC. 1 3.13% $8,654
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.25% $11,209
STOCKTON MORTGAGE CORPORATION 1 4.13% $8,442
Priority Bank 1 2.38% $11,946
Luxury Mortgage Corp. 1 3.25% $7,850
Princeton Mortgage Corporation 1 2.63% $9,439
DELMAR FINANCIAL COMPANY 1 3.13% $8,352
Sunflower Bank 1 4.13% $8,255
Opendoor Home Loans LLC 1 2.25% $9,483
CRESCENT MORTGAGE COMPANY 1 2.63% $8,262
HOMESTEAD FUNDING CORP. 1 2.75% $6,776
PLUS RELOCATION MORTGAGE, LLC 1 2.63% $9,064
COMPASS MORTGAGE, INC. 1 2.38% $3,854
JET DIRECT FUNDING CORP 1 2.50% $14,672
NMSI, INC. 1 3.25% $12,220
LADERA LENDING, INC. 1 2.63% $9,164
Commercial Bank of Texas 1 2.63% $11,375
Watermark Capital, Inc. 1 3.25% $8,497
Comerica Bank 1 2.75% $5,658
MEGASTAR FINANCIAL CORP. 1 3.00% $6,924
TOTAL MORTGAGE SERVICES, LLC 1 3.25% $7,473
CLEARPATH LENDING 1 2.75% $5,220
LENDING 3, INC. 1 3.75% $8,650
Wells Fargo Bank 1 3.25% $7,489
ON Q FINANCIAL, INC. 1 2.25% $10,543
Chambers Bank 1 2.38% $6,319
CAPITAL CONCEPTS, INC. 1 2.88% $12,311
Wyndham Capital Mortgage, Inc. 1 3.13% $9,820
UNITED MORTGAGE CORP. 1 2.38% $8,576
UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 2.63% $9,431
LENDUS, LLC 1 3.00% $5,536
LOANLEADERS OF AMERICA, INC. 1 3.75% $8,791
Midwest Mortgage Associates Corporation 1 2.38% $8,907
FirstTrust Home Loans, Inc. 1 3.63% $9,308
RELIANCE FIRST CAPITAL, LLC 1 2.38% $11,630
MLD MORTGAGE INC. 1 3.25% $6,885
First Standard Financial Corp. 1 3.25% $12,220
AHL FUNDING 1 3.25% $10,051
RESIDENTIAL HOME FUNDING CORP. 1 4.75% $10,964
LOANPEOPLE, LLC 1 2.75% $7,471
First National Bank 1 3.63% $6,837
GMFS LLC 1 2.50% $8,326
RUOFF MORTGAGE COMPANY, INC. 1 3.38% $11,885
First Bank & Trust 1 2.75% $9,359
Sabine State Bank and Trust Company 1 2.63% $8,188
Fifth Third Bank 1 3.00% $7,239
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 3.50% $9,647
Axos Bank 1 3.13% $9,372
Shamrock Home Loans, Inc. 1 2.75% $7,907
GSB MORTGAGE, INC. 1 3.50% $6,851
SIRVA MORTGAGE, INC. 1 3.00% $8,562

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 & INVESTMENT LLC ($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 $318,218 (2.9%) $434,232 (3.1%) 1.17 22,542
2018-02-01 $321,792 (3.8%) $441,013 (4.0%) 1.16 22,496
2018-03-01 $325,000 (3.1%) $448,450 (3.7%) 1.12 23,396
2018-04-01 $329,106 (2.9%) $455,117 (4.1%) 1.10 25,319
2018-05-01 $329,929 (3.1%) $457,619 (4.7%) 1.10 26,750
2018-06-01 $329,000 (3.0%) $455,069 (5.1%) 1.10 28,186
2018-07-01 $323,780 (3.1%) $446,621 (5.0%) 1.08 29,519
2018-08-01 $319,450 (4.1%) $439,461 (5.0%) 1.07 29,954
2018-09-01 $317,500 (3.0%) $437,962 (3.8%) 1.06 29,436
2018-10-01 $314,900 (1.6%) $436,177 (1.9%) 1.05 29,161
2018-11-01 $310,000 (-1.6%) $436,193 (1.1%) 1.04 28,620
2018-12-01 $309,000 (-1.9%) $431,533 (0.4%) 1.06 27,464
2019-01-01 $309,450 (-2.8%) $431,363 (-0.7%) 1.07 26,390
2019-02-01 $311,598 (-3.2%) $437,425 (-0.8%) 1.04 26,579
2019-03-01 $318,728 (-1.9%) $447,895 (-0.1%) 1.04 27,229
2019-04-01 $324,356 (-1.4%) $456,595 (0.3%) 1.02 28,189
2019-05-01 $324,964 (-1.5%) $457,695 (0.0%) 1.00 29,249
2019-06-01 $324,000 (-1.5%) $454,060 (-0.2%) 1.00 30,548
2019-07-01 $318,000 (-1.8%) $446,609 (0.0%) 0.99 31,454
2019-08-01 $313,081 (-2.0%) $443,388 (0.9%) 0.99 30,486
2019-09-01 $310,008 (-2.4%) $441,639 (0.8%) 0.98 29,349
2019-10-01 $309,950 (-1.6%) $440,437 (1.0%) 0.99 29,288
2019-11-01 $305,000 (-1.6%) $440,568 (1.0%) 0.98 28,375
2019-12-01 $299,999 (-2.9%) $438,028 (1.5%) 1.00 26,651
2020-01-01 $299,990 (-3.1%) $442,408 (2.6%) 1.00 25,281
2020-02-01 $305,000 (-2.1%) $449,159 (2.7%) 0.98 25,308
2020-03-01 $314,998 (-1.2%) $457,919 (2.2%) 0.98 26,182
2020-04-01 $314,990 (-2.9%) $453,195 (-0.7%) 0.98 26,805
2020-05-01 $320,000 (-1.5%) $463,552 (1.3%) 0.97 25,914
2020-06-01 $328,084 (1.3%) $482,952 (6.4%) 0.96 23,939
2020-07-01 $327,923 (3.1%) $485,403 (8.7%) 0.94 22,833
2020-08-01 $329,900 (5.4%) $494,085 (11.4%) 0.94 21,926
2020-09-01 $339,950 (9.7%) $510,845 (15.7%) 0.97 20,467
2020-10-01 $340,480 (9.9%) $510,746 (16.0%) 0.97 19,718
2020-11-01 $340,000 (11.5%) $510,543 (15.9%) 0.97 19,036
2020-12-01 $334,500 (11.5%) $500,863 (14.4%) 0.98 17,674
2021-01-01 $330,000 (10.0%) $499,078 (12.8%) 0.97 15,938
2021-02-01 $334,559 (9.7%) $508,113 (13.1%) 0.96 14,129
2021-03-01 $341,450 (8.4%) $521,481 (13.9%) 0.96 12,808
2021-04-01 $349,700 (11.0%) $539,757 (19.1%) 0.94 12,133
2021-05-01 $359,900 (12.5%) $554,489 (19.6%) 0.95 12,060
2021-06-01 $366,052 (11.6%) $556,646 (15.3%) 0.95 13,451
2021-07-01 $366,041 (11.6%) $545,427 (12.4%) 0.95 14,756
2021-08-01 $363,780 (10.3%) $526,524 (6.6%) 0.96 16,354
2021-09-01 $364,253 (7.2%) $521,905 (2.2%) 0.96 16,293
2021-10-01 $360,000 (5.7%) $519,609 (1.7%) 0.95 15,727
2021-11-01 $361,600 (6.4%) $525,366 (2.9%) 0.95 14,741
2021-12-01 $359,995 (7.6%) $521,480 (4.1%) 0.96 13,465
2022-01-01 $357,655 (8.4%) $519,234 (4.0%) 0.95 12,059
2022-02-01 $362,494 (8.4%) $530,947 (4.5%) 0.92 11,026
2022-03-01 $373,733 (9.5%) $542,520 (4.0%) 0.92 10,603
2022-04-01 $389,900 (11.5%) $559,761 (3.7%) 0.92 10,865
Houston's median listing price for 2022-04-01 was $389,900, a difference of $40,200 (11.5%) versus the prior year and $16,167 versus the prior month.

Houston's median listing price comes in at 92% of the national average.

Houston's average listing price for 2022-04-01 was $559,761, a difference of $20,004 (3.7%) versus the prior year and $17,241 versus the prior month.

For the 2022-04-01 period, Houston had 10,865 MLS listings, a difference of 262 listings (2%) versus the prior month and -1,268 listings (-10%) 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 2,529 sqft
2018-02-01 65 days 2,523 sqft
2018-03-01 49 days 2,557 sqft
2018-04-01 45 days 2,568 sqft
2018-05-01 43 days 2,582 sqft
2018-06-01 45 days 2,580 sqft
2018-07-01 52 days 2,560 sqft
2018-08-01 54 days 2,536 sqft
2018-09-01 59 days 2,511 sqft
2018-10-01 64 days 2,492 sqft
2018-11-01 64 days 2,481 sqft
2018-12-01 69 days 2,464 sqft
2019-01-01 74 days 2,447 sqft
2019-02-01 66 days 2,447 sqft
2019-03-01 55 days 2,468 sqft
2019-04-01 51 days 2,491 sqft
2019-05-01 51 days 2,503 sqft
2019-06-01 52 days 2,504 sqft
2019-07-01 53 days 2,489 sqft
2019-08-01 57 days 2,459 sqft
2019-09-01 60 days 2,434 sqft
2019-10-01 63 days 2,424 sqft
2019-11-01 64 days 2,403 sqft
2019-12-01 69 days 2,384 sqft
2020-01-01 71 days 2,366 sqft
2020-02-01 58 days 2,368 sqft
2020-03-01 49 days 2,386 sqft
2020-04-01 55 days 2,377 sqft
2020-05-01 63 days 2,400 sqft
2020-06-01 57 days 2,419 sqft
2020-07-01 52 days 2,420 sqft
2020-08-01 50 days 2,413 sqft
2020-09-01 50 days 2,402 sqft
2020-10-01 50 days 2,363 sqft
2020-11-01 50 days 2,328 sqft
2020-12-01 55 days 2,287 sqft
2021-01-01 60 days 2,248 sqft
2021-02-01 52 days 2,214 sqft
2021-03-01 51 days 2,222 sqft
2021-04-01 43 days 2,227 sqft
2021-05-01 38 days 2,242 sqft
2021-06-01 37 days 2,256 sqft
2021-07-01 36 days 2,255 sqft
2021-08-01 37 days 2,240 sqft
2021-09-01 42 days 2,227 sqft
2021-10-01 45 days 2,207 sqft
2021-11-01 47 days 2,186 sqft
2021-12-01 52 days 2,158 sqft
2022-01-01 56 days 2,128 sqft
2022-02-01 43 days 2,107 sqft
2022-03-01 39 days 2,124 sqft
2022-04-01 36 days 2,149 sqft
Houston's median listing age (time on market) for 2022-04-01 was 36 days. This is -15% shorter than the same period one year ago.

Houston's median square footage for active listings during the 2022-04-01 period was 2,149 sqft. One year prior, the average listing was 2,227 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).