Home Price Index

Data Series Description

The Texas Real Estate Research Center’s Texas Home Price Index measures price appreciation changes for residential single-family homes. Each market index begins at a value of 100 at the base period. The base period is the benchmark period by which all future periods are compared. Base periods vary for each market based on data availability. An index value of 150 in the latest period would represent an average of 50 percent home price appreciation compared with the base period for that market.

For Austin, DFW, and Houston, additional three-tier indexes are produced following price appreciation for the lower, middle, and higher percentile price ranges over time.

Geographic Definitions

Coverage includes quarterly indexes for the big four Texas metropolitan statistical area markets of Austin-Round Rock-San Marcos, Dallas-Fort Worth-Arlington, Houston-The Woodlands-Sugar Land, and San Antonio-New Braunfels as well as Amarillo, College Station-Bryan, El Paso, Killeen-Temple, and Sherman-Denison. Variations of DFW include Dallas-Plano-Irving and Fort Worth-Arlington-Grapevine metropolitan divisions.

Metropolitan areas are constructed from constituent counties as delineated by the U.S. Office of Management and Budget (OMB) in 2023. Delineation information can be found in OMB Bulletin No. 23-01. Historical data is calculated as if the 2023 delineations had always existed so the data is comparable over time.

Data Release Dates

Statistics for geographies outside of the Houston metro area will be released on/near the 20th calendar day after quarter end. Statistics for the Houston metro area will be released on/near the 40th calendar day after quarter end.