Howe Home Values
Texas
Howe Market Snapshot
| Active 90 listings | New 12 30 days | Closed 9 30 days | Pending 0 30 days | Supply 6.8 months | Absorption 3.3% monthly | Over List 2.1% sold above | Under List 56.3% sold below | Concessions 69.7% % of solds | Avg Concession $8,010 seller paid |
Source: NTREIS MLS • Excludes leases • Sep 2026
Howe Market Trends
New Builds Reshape a Small-Town Skyline
Howe's housing stock splits sharply between production new construction and legacy rural properties. K. Hovnanian's Tigris II and Goldenrod II plans fill subdivisions like Summit Hill with open-concept, farmhouse-styled homes in the 2,100-to-2,700-square-foot range, featuring quartz countertops, shaker cabinets, and multigenerational suites. Starlight Homes anchors the Noble Ridge subdivision with traditional single-family builds. Beyond the subdivisions, acreage properties offer oversized garages, detached shops, and storm cellars on one-to-ten-acre parcels. A handful of pre-war homes—including a Queen Anne Victorian from the early 1900s—add architectural variety downtown.
Price per square foot in Howe held near $160 this quarter, modestly above the trailing-year mark of $154, even as the median sale price fell to roughly $260,000 — a second straight quarterly retreat from levels above $330,000 earlier this year, based on MLS data for 2026-09 closings in Howe. That divergence points to a shift in what's selling, not an erosion in value: smaller, more modestly priced homes now make up a larger share of the closed sample. Sellers gave up less ground than they had all year, collecting close to 97 cents on every listed dollar, and concessions, while present in roughly three in four of the 47 closings, averaged about a third less than the trailing-year figure.
Howe's pipeline shows no signs of loosening that would help explain this quarter's closed-sale story: months of supply tightened to just under six, far inside Grayson County's better-than-year-long overhang of more than twelve, and active inventory held flat near 93 homes. New listings arrived at roughly the trailing-year pace, with no surge of new supply pushing into the market. Pending contracts, however, remained thin — only a handful moved forward this quarter, continuing a stretch of weak conversion — a shallow count that limits how much confidence the near-term reading can carry.
Market Updates
Price per square foot in Howe held near $160 this quarter, modestly above the trailing-year mark of $154, even as the median sale price fell to roughly $260,000 — a second straight quarterly retreat from levels above $330,000 earlier this year, based on MLS data for 2026-09 closings in Howe. That divergence points to a shift in what's selling, not an erosion in value: smaller, more modestly priced homes now make up a larger share of the closed sample. Sellers gave up less ground than they had all year, collecting close to 97 cents on every listed dollar, and concessions, while present in roughly three in four of the 47 closings, averaged about a third less than the trailing-year figure.
Howe's pipeline shows no signs of loosening that would help explain this quarter's closed-sale story: months of supply tightened to just under six, far inside Grayson County's better-than-year-long overhang of more than twelve, and active inventory held flat near 93 homes. New listings arrived at roughly the trailing-year pace, with no surge of new supply pushing into the market. Pending contracts, however, remained thin — only a handful moved forward this quarter, continuing a stretch of weak conversion — a shallow count that limits how much confidence the near-term reading can carry.
While Grayson County's broader concession patterns held closer to four in ten closings, sellers in Howe conceded ground far more often this quarter — nearly seven in ten transactions carried some form of concession, based on MLS data for 2026-08 closings in Howe. Price per square foot ticked up to $164, directionally narrowing but not closing the gap with the county's $171 benchmark, even as the median sale price pulled back to roughly $274,000 from over $330,000 last quarter. Sellers still collected roughly 95 cents on every listed dollar — essentially matching the county figure — and the 43 closings recorded this quarter continue a run of thinner volume than the trailing-year pace of about 140.
Howe's pipeline continues to run tighter than Grayson County's: about six and a half months of supply against the county's roughly year-long overhang, even as new listings kept pace with the broader county's flow relative to active inventory. Pending contracts held to a handful, a thin count that limits how much can be read into near-term absorption, though proportionally in line with the county's own pending-to-active ratio. Time on market ticked up modestly from last quarter, a mild deceleration signal worth watching as the gap with the county narrows heading into fall.
For a second straight quarter, homes in Howe closed at the same brisk pace, with sellers accepting contracts in roughly five weeks — well under Grayson County's two-plus-month median — based on MLS data for 2026-07 closings in Howe. Price per square foot held flat at $158, while the median sale price slipped to just over $330,000. Forty-six sales closed this quarter, and sellers gained a shade of ground at the table: just over half of closings settled below list, down from nearly two-thirds over the trailing year, and the average concession fell to roughly $6,500, down more than a fourth from the annual figure. None closed above list, and sellers collected just under 95 cents on every listed dollar.
Pending contracts fell well short of the trailing-year pace this quarter — barely a dozen deals moved to pending, versus roughly two dozen typical for a comparable stretch — even as new listings arrived close to their usual run rate and the active pool held level near 84 homes. Months of supply eased to just under six, keeping Howe meaningfully tighter than Grayson County's double-digit figure. The widening gap between fresh listings and signed contracts points to slower conversion of interest into deals heading into late summer, even as the resale window itself stays brisk.
Homes in Howe, TX spent a median of about five weeks on the market before closing this quarter — well below the full-year pace of roughly seven weeks — a velocity signal that stands out in a county where properties are taking closer to two and a half months to close, based on MLS data for 2026-06 closings in Howe. Price per square foot came in near $153, modestly above the prior quarter and well below the county benchmark of $173, with the median sale hovering just under $335,000. Concessions remained common — present in more than half of closings — though the average amount directionally retreated from the trailing-year figure.
New listing activity in Howe picked up this quarter — roughly 64 new entries against only 20 pending contracts — a ratio that directionally points toward growing buyer optionality heading into summer. Active inventory held steady, and with months of supply near six, Howe remains meaningfully tighter than Grayson County's broader figure of more than eleven months. That divergence suggests the local pipeline is compressing relative to the county even as new supply accumulates; the limited transaction sample means these pipeline signals are trends, not certainties.
Howe, TX closed transactions in the trailing quarter show a median price per square foot of roughly $151 — about nine percent below Grayson County's comparable benchmark of $167 — based on MLS data for trailing-3mo closings in Howe. The median sale price landed near $336,000, noticeably above the county's $301,000 median, reflecting a smaller sample skewed toward larger homes. Concessions appeared in more than half of closings, a notably higher share than the county's roughly four in ten, and zero closings settled above list — a contrast suggesting Howe's buyers held modest but consistent negotiating leverage at closing.
The supply picture in Howe diverges sharply from the broader Grayson County context: with roughly six months of supply locally versus the county's fifteen, the pipeline points to meaningfully tighter conditions relative to the county average. New listings outpaced pending contracts in the trailing quarter — 57 new listings against only 20 pending transactions — a ratio that directionally points toward continued buyer optionality, though far more balanced than the county-wide imbalance. Active inventory held steady, and the limited sample size means these signals are directional rather than definitive.
Zip Codes in Howe
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Market data last updated Oct 1, 2026, 6:00 AM CDT · Editorial updated Sep 22, 2026, 11:32 PM CDT
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