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Market Intelligence · TX / Brown County

May, TX home prices and housing market

1 ZIP market liveData updated September 2026Typical value$124K1-yr changeDown5.2%

The typical home value in May, TX is $124K as of September 2026, down 5.2% from a year ago, based on the Zillow Home Value Index. In the typical May ZIP code, the median list price is $290K and homes spend a median of 115 days on market as of September 2026 (Realtor.com).

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The coverage

May, by the numbers.

Typical home valueZillow ZHVI, September 2026
$124K
1-yr changeMedian across May ZIPs
-5.2%
ZIP markets live
1
County
Brown County

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12-month value trend

-5.2% over 12 months

Typical home value in May over the last 12 months: $131K in Sep 2025 to $124K in Sep 2026 (-5.2%).

Sep 2025$131K

Sep 2026$124K

Median Zillow home value index across May's ZIP codes.

Context

May, TX's housing market is showing signs of softness as of September 2026. The typical home value in May has declined 5.2% over the past year, settling at $123,872. There are currently 16 homes for sale in the city, with 4 new listings added recently. Homes are taking 115 days on the median to sell, and the median list price stands at $290,000. Additionally, 17.8% of listings have seen price cuts. For homeowners considering a sale, the data suggests a market favoring buyers rather than sellers, with extended holding times and downward pressure on values.

The numbers

What is the housing market like in May, TX?

Typical home value

$124K

Down5.2%YoY

Median list price

$290K

Days on market

115

Homes for sale

16

Price cuts

17.8%

New listings

4

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect May's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

May, TX home prices over time

Typical home values in May, TX are down 5.2% over the past year, from $131K in September 2025 to $124K in September 2026.

Typical home value in May, TX, September of each year
MonthTypical value1-yr change
September 2026$123,872-5.2%
September 2025$130,648No prior year

Typical value is the median Zillow Home Value Index across May ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is May, TX a buyer's or seller's market?

May, TX leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 115 days on market and 18% of listings with a price cut in the typical May ZIP code, and 4 new listings against 16 active listings across May, as of September 2026 (Realtor.com).

The outlook

May housing market forecast 2027

-0.4%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 May ZIP code, points to typical home values holding roughly flat by September 2027 (down 0.4%).

Over the 12 months through September 2026, typical home values in May fell 5.2%, per the Zillow Home Value Index.

Will home prices drop in May?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for May shows typical home values holding roughly flat by September 2027 (down 0.4%), after a 5.2% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 May ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in May?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about May, TX home prices.

What is the typical home value in May, TX?

The typical home value in May is $123,872 as of September 2026, down 5.2% over the past year.

How long do homes typically stay on the market in May?

Homes in May take a median of 115 days to sell as of September 2026.

What share of listings have reduced prices in May?

As of September 2026, 17.8% of listings in May have had a price cut.

Are home prices going up or down in May, TX?

Typical home values in May, TX are down 5.2% over the past year, based on the Zillow Home Value Index as of September 2026.

Is May, TX a buyer's or seller's market?

May, TX leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 115 days on market and 18% of listings with a price cut in the typical May ZIP code, and 4 new listings against 16 active listings across May, as of September 2026 (Realtor.com).

Nearby markets

More Texas housing markets.

The market is moving

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