Are you considering buying a home in Two Step Farm, or wondering how the community’s real estate market is performing? This October 2026 market update examines MLS-listed inventory, asking prices, recorded sales and marketing time—and explains what those numbers mean when comparing homes.
The latest supplied HAR MLS report shows 125 active listings, 16 pending listings and seven recorded October closings. The median unadjusted recorded sale price was $367,300, while the median asking price for active homes was $449,990.
As a Houston-area REALTOR® and Certified Relocation Specialist, I help buyers look beyond advertised prices to understand how individual homes compare.
| Market measure | Result |
|---|---|
| Active MLS listings | 125 |
| Pending MLS listings | 16 |
| Recorded October closings in the search | 7 |
| Median recorded sale price, unadjusted | $367,300 |
| Average recorded sale price, unadjusted | $521,657 |
| Median active asking price | $449,990 |
| Active asking-price range | $309,990–$1,099,950 |
| Median cumulative days on market for active listings | 148 days |
Report scope: Active and pending inventory reflects November 1, 2026. The supplied sold-date search covers October 2–November 1; all seven returned closings occurred in October. October 1 is outside the search, so the closing count is not a verified full-calendar-month total.
The active MLS listings cover a broad price range, with the largest concentration below $500,000.
| Asking-price range | Active homes |
|---|---|
| Below $400,000 | 47 |
| $400,000–$499,999 | 34 |
| $500,000–$599,999 | 25 |
| $600,000–$999,999 | 18 |
| $1 million and above | 1 |
In total, 81 active homes—64.8% of the listed inventory—were asking less than $500,000.
For buyers exploring Two Step Farm homes for sale, this provides a useful starting point. However, homes at similar prices can differ considerably in square footage, lot characteristics, included features and construction stage. Availability for an immediate move also needs to be checked separately.
Price reductions are an important question, particularly when buyers see a large selection of available homes.
The supplied CMA does not contain original asking prices or price-change histories, so it cannot establish how many homes had price reductions or the size of those reductions.
What it does show is that some listings have substantial cumulative marketing time:
90 active listings had at least 90 cumulative days on market.
45 active listings had at least 180 days.
27 active listings had at least 300 days.
These groups overlap.
Longer marketing time makes a home’s listing history worth examining, but it does not prove a price reduction occurred. In new construction, a property may be advertised while it is still being built.
When evaluating a potential opportunity, I distinguish between an advertised price cut, a negotiated sale price and separately documented builder incentives. Each affects the comparison differently.
The seven closings produced an unadjusted median recorded sale price of $367,300 and an average of $521,657.
The highest recorded sale was $1,049,950. With only seven transactions, a higher-priced sale can substantially influence the average. That is why both the median and the characteristics of the individual homes matter.
The report also provides adjusted sale-price figures. This article uses the unadjusted “Sold Price” statistics; adjusted figures should be reviewed separately.
The difference between the $449,990 active median asking price and the $367,300 sold median is not a typical buyer discount. These figures describe different groups of homes.
My interpretation of this snapshot is that buyers have a broad selection of MLS-listed homes to compare. The best comparison starts with homes offering similar size, layout, lot features and completion timing.
The 16 pending listings show a pipeline of contracts awaiting closing. Their median asking price was $516,900, but pending asking prices do not reveal final sale prices.
This single report cannot establish whether community-wide values are rising or falling. Comparable reports from earlier months—and fuller coverage of builder sales—are needed to identify a reliable trend.
When choosing a Two Step Farm Realtor®, look for someone who can explain the data, compare competing homes and help you evaluate the details behind an advertised offer.
I’m Oksana Bogott, a residential and commercial REALTOR® with Coldwell Banker Realty, a Certified Relocation Specialist and the 2024 No. 1 Top Individual Agent in AGCI for Coldwell Banker Houston.
Whether you are relocating to the Houston area or comparing local communities, I can help you narrow your Two Step Farm home search and understand your options.
Call or text Oksana Bogott at 832-557-7824 for a personalized home comparison.
Explore the independent community guide: TwoStepFarmGuide.com.
Source: supplied Houston Association of REALTORS® MLS Quick CMA, generated November 1, 2026. Single-family listings with subdivision names matching “two step.” Off-market listings and transactions are not included. Builder inventory and direct builder sales not entered into MLS are excluded. Information is believed accurate but is not guaranteed. This is independent market commentary, not an official developer report or appraisal.