Victoria, Texas Housing Market

What stands out in Victoria?

• 22 homes are under contract for every 100 still for sale: among the fewest homes under contract per listing of 584 tracked cities. Demand is light. Your offer may be the only one.

What moves the numbers in Victoria?

Victoria asking prices per square foot were above the year before in 75% of months since the data starts. Within a year, the cheapest and priciest months differ by about 6.7%. That is bigger than the yearly trend, so timing your purchase matters here. Nothing in Victoria's numbers is far from its own normal. Your return comes from the property and the price you negotiate.

How much can you negotiate in Victoria?

For every 100 homes still for sale, 22 are under contract. In 2017–2019 at this time of year it was 26. The rest are still waiting for a buyer. About 1 in 5 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.

The typical Victoria listing has been on the market 66 days. That is 15% shorter than a year ago. There are 295 homes for sale in Victoria. That is 2.8 times the tightest month on record, but below the peak of 378. Supply is steady against last year.

What to do about it

• Judge each listing on its own.
• Homes listed 90+ days ago with a price cut are where your discount is.
• Fresh, well-priced homes will not move on price. Do not waste offers on them.

Is now a good time to buy in Victoria?

The median asking price is 13.2% below its Jun 2023 peak. Per square foot the gap is smaller: 7.2% below the Jun 2023 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Victoria prices have risen in 83 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.

When do Victoria prices dip?

Across 9 full years, Victoria asking prices ran lowest in January, about 4.1% below the year's average. They peaked in July. The most homes for sale show up in October, about 9% above the yearly average. Shop in October for choice, and expect the softest asking prices in January.

How does Victoria compare with other Texas markets?

Ranked among the 77 Texas markets we track:

• Asking price: 15th cheapest of 77. Victoria is at $272,488. Closest: Temple and San Angelo.
• Buyer competition: 14th least competitive of 67. Victoria is at 0.22 buyers per home. Closest: Waco and Midland.
• Time on market: 35th longest time on market of 77. Victoria is at a median of 66 days on market. Closest: Tyler and San Angelo.
• Price cuts: 25th fewest price cuts of 77. Victoria is at 22% of sellers cutting. Closest: Longview and Lubbock.

What numbers should you underwrite a Victoria deal with?

• Price growth to assume — +3.3%/yr. Victoria has grown about 3.3% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices rose 1.5% over the last year. Use it for timing. The five-year rate is the better guide.
• Months of carrying cost — 3. Budget at least 66 days of holding costs, the current median listing age, when you exit or refinance.
• Comp on price per square foot — $156/sqft. The typical Victoria listing shrank from 2,035 to 1,829 sqft since Jul 2016. So median price hides real growth: 47% per sqft versus 28% on the median. Comp on median price and you will overpay for small homes.

Read how rent-to-price works and how we read these numbers, then run the numbers on a deal.

What is the median home price in Victoria?

The median asking price in Victoria is about $272,000 as of Sep 2026, up 7.9% from a year ago. The typical listing is 3% larger than a year ago, and asking price per square foot is up 1.5%. So the size of homes on the market explains much of the rise. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Victoria figures cover the 5 ZIP codes with a Victoria mailing address, which can reach past city limits.

Is Victoria a buyer's or seller's market in 2026?

Neither side has the upper hand in Victoria right now. We compare Victoria with 2017–2019 at this time of year: 22% of sellers have cut their price, against 18% then; there are 22 pending sales per 100 listings, against 26 then; the typical listing has been up 5% fewer days.

Are Victoria home prices going up or down?

The median asking price is 13.2% below its Jun 2023 peak. Per square foot the gap is smaller: 7.2% below the Jun 2023 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.

What price growth should I assume for Victoria?

Assume +3.3% a year. Victoria has grown about 3.3% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices rose 1.5% over the last year. Use it for timing. The five-year rate is the better guide.

What is the fair market rent in Victoria?

HUD's fiscal year 2026 fair market rent for Victoria County is $1,442 a month for 2 bedrooms and $1,729 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.