Houston, TX 77018 Real Estate Market Report

ZIP Code: 77018
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Houston, TX (ZIP: 77018) is characterized by a median sold price of $595,000, reflecting a stable market with slight price appreciation. The neighborhood has increased 8% since 2022, indicating a positive trend in property values despite broader economic pressures. The median listing price stands at $469,450, suggesting a notable gap between seller expectations and actual transaction prices, which may indicate pricing friction in the market.

Market activity shows 144 days on market, suggesting a slower sales velocity and elevated inventory levels relative to sales activity. This trend is supported by the current neutral market temperature, indicating balanced conditions between buyers and sellers. Although elevated interest rate pressure remains a concern, the overall economic expansion in key sectors continues to support housing demand, sustaining moderate sales activity in the area.

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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.

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Market Metrics

Note: 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.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Houston market around 6.13% are notably lower than the recent peak rates near 7.08% seen in late 2022.

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

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Key Findings

1. The median sold price of $595,000 indicates a strong market performance, with prices showing an increase of 8% since 2022.

2. The median listing price of $469,450 suggests a significant gap between seller expectations and market realities, indicating potential pricing friction.

3. With 144 days on market, the area is experiencing slower sales velocity, reflecting a need for adjustments in pricing strategies.

4. The market temperature remains neutral, suggesting balanced conditions between buyers and sellers, with no clear advantage for either side.

5. Elevated interest rate pressure continues to impact buyer sentiment, contributing to a cautious outlook on future sales activity.

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Notable Properties

The following 8 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.