International buyers made a significant impact on the Texas real estate market this past year, investing $4.8 billion and purchasing around 7,800 homes. While national transactions slowed, Texas saw a 4% increase in activity—proof of our market’s unique resilience and appeal. The median price paid by foreign buyers was $375,000, representing about 2% of all existing-home sales statewide, which is higher than the national average. It’s fascinating to see where this demand is coming from: about 35% of these buyers hailed from Mexico, followed by India at 14% and China at 9%. Affordability played a major role, with a statewide median price of approximately $334,000, and nearly 60% of international buyers choosing suburb locations. Most preferred detached homes, and about 40% paid in cash. Texas continues to stand out as a top destination, accounting for roughly 12% of all U.S. foreign home purchases, even as some new restrictions have made the process more complex. As someone who guides clients through these significant milestones, it’s always rewarding to see our local market recognized on the global stage.
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