Bidding wars have largely disappeared across Texas real estate markets. A Realtor.com News survey found that 69% of real estate agents reported their buyers faced zero competing offers in 2026, up from 57% in 2025.
The shift represents a significant change in market dynamics. A decade ago, competitive bidding situations dominated Texas housing, with multiple offers driving prices up and forcing buyers into bidding wars. Today, most transactions occur without that pressure.
The trend reflects broader cooling in Texas real estate. Fewer competing buyers means agents can negotiate more favorable terms for their clients. Buyers gain negotiating power they lacked during the heated market of recent years.
The data comes from Realtor.com agents across Texas, a state that experienced some of the nation's most aggressive price growth and competitive conditions during the 2020-2023 period. The state drew migration from across the country, fueling demand for homes and creating intense competition among buyers.
Current conditions favor purchasers seeking better deals. Without multiple offers on the table, buyers can make lower initial bids, request seller concessions, and take time to negotiate terms. Sellers, meanwhile, face pressure to price competitively and accept less favorable conditions to move inventory.
The 12-point increase in uncontested offers over a single year suggests accelerating shifts in buyer-seller dynamics. Whether this trend continues depends on factors including interest rates, migration patterns, and new construction supply across Texas markets.