What Is Next For Houston Home Prices And Rental Rates In 2022? More increases in both. There is a historically low inventory of houses for sale that is resulting in bidding wars. Often the selling price of a home is higher than the seller's original asking price. Many potential home buyers have been squeezed out of the home buying market with the historically high prices of homes. The latest median price for a home in the Houston area is $348,988 - a new historical high point. This is a year-to-year increase of 19.3%. Apartment and home rental rates have gone up approximatelly 10% in the past year. Those who can't buy a house have to rent, and that includes frustrated would-be house buyers. What is our prediction for 2022? More price increases. Probably in the range of 10% for the year. All the fundamentals are still in place so expect price increases for the next few years. One of the most important fundamentals - people - keep moving to Houston. Current rate is 7500 new Houston residents per month. Home sellers - We buy houses in Houston in any condition. NO fees, NO repairs, NO showings, NO hassles Call Today at 281-231-2703