Houston, TX 77008 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. median sold price is unavailable in the provided dataset, which may reflect limited recent closed-transaction data in the sampled set and therefore constrains direct transaction-based valuation; limited recent closed transactions may explain the absence of a reported median sold price.
2. median listing price is $595,000 and, combined with the sample’s elevated inventory relative to sales activity, suggests seller expectations are present but may face pricing friction that supports buyer negotiation rather than immediate premium offers.
3. median days on market is 119, indicating slower sales velocity and longer marketing timelines that may increase buyer leverage and prolong time-to-contract for typical SFR and condo listings.
4. The market signals show price year-over-year trend is down, rent year-over-year trend is up, and interest rate pressure is moderate; Current 30-year fixed mortgage rates in Houston TX 77008 are approximately 6.7% compared to the 6.3% average observed for loans originated in early 2026, which may weigh on affordability and near-term demand.

Notable Properties

The following 3 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.