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Market Snapshot

Median listing price
$512K

The median listing price in Houston, TX ZIP 77018 is $511,500 as of August 2026.

Median rent
$2,400/mo

The median market rent in Houston, TX ZIP 77018 is $2,400/month as of August 2026.

Days on market
22 days

The median days on market in Houston, TX ZIP 77018 is 22 days as of August 2026. The market is currently neutral.

Gross rental yield
5.63%

At a median list price of $511,500 and a median rent of $2,400/month, the gross rental yield in Houston, TX ZIP 77018 is 5.63% as of August 2026.

STR vs LTR
$1,389/mo STR · $2,400/mo LTR

In Houston, TX ZIP 77018, median Airbnb revenue is $1,389/month compared to median long-term rent of $2,400/month as of August 2026.

Houston, TX 77018 Real Estate Market Report

ZIP Code: 77018

Report Date: August 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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.

Analysis Window
12 Months
Total Properties Analyzed
102
Active Listings
100
Sold Properties
2

Market Metrics

Median Listing Price
$511,500
Median Sold Price
$619,000
Median Price per Sqft
$292/sqft

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

Median Market Rent
$2,400

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.


Property Taxes

Property Tax Rate
1.36%

Liquidity & Velocity

Median Days on Market
22

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.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 77018 area are averaging 6.66%, which is 0.18% higher than the 6.48% rates observed in early June 2026.

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 metrics due to insufficient recent closed-sale data in the analyzed sample, so transaction-backed valuation is indeterminate and readers should treat listing-based signals as provisional rather than definitive. context required
  2. median listing price is $511,500, with a median price per square foot of $292; given the absence of a representative median sold price, these listing-side figures should be used cautiously as indicators of seller expectations rather than confirmed market-clearing values. flat
  3. Market velocity shows a median days on market of 22, which, combined with elevated inventory relative to sales activity in the sample, suggests moderate transaction speed and potential pricing friction rather than brisk turnover. neutral
  4. Financing and rental context: interest rate pressure is reported as elevated and local mortgage levels are averaging 6.66% in the area versus 6.48% in early June 2026; meanwhile median market rent is $2,400 and rent year-over-year trend is flat—this combination suggests borrowing cost sensitivity for buyers and limited rent-driven upside in the near term. elevated interest rate pressure

Notable Properties

The following 2 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.

Recent Transactions

1630 Gardenia Dr, Houston, TX 77018
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds2 baths1,758 sqft
$409,800
Oct 1, 2025
$233/sqft
2330 Saxon Dr, Houston, TX 77018
Market Benchmark

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds1 baths1,254 sqft
$339,815
Nov 1, 2025
$271/sqft
22 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$1,666/mo
77018 Avg Rent
77018 Cost to Own
Rent$2,400
Own$4,066

20% down, 6.66% rate, 1.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

77018 Avg nightly rate
77018 Avg occupancy (days/year)
Nightly rate$188/night
Occupancy179 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 8/4/2026

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