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Houston, TX 77019 Real Estate Market Report

ZIP Code: 77019
Report Date: May 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
90 Days
Total Properties Analyzed
97
Active Listings
97
Sold Properties
0

Market Metrics

Median Listing Price
$817,000
Median Sold Price
$0
Median Price per Sqft
$303/sqft

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.


Rental Market

Median Market Rent
$1,995

Property Taxes

Property Tax Rate
1.32%

Liquidity & Velocity

Median Days on Market
143

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
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Houston TX 77019 are averaging 6.49%, which remains elevated compared to the lower-rate environment seen earlier in 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 not provided in the available metrics, so recent transaction-level pricing cannot be directly confirmed; this absence means the analysis must rely on listing-side and trend indicators rather than a definitive representative recent sale (unavailable).

  2. median listing price — $817,000 is the primary listed-price signal; with the reported price year-over-year trend up, sellers' asking prices appear supported, but without a median sold price the degree to which listings are converting at or near asks cannot be verified.

  3. median days on market — 143 is materially long and suggests slower sales velocity; when combined with observed increases in active supply this appears to indicate pricing friction and elevated inventory relative to sales that may favor buyers in negotiations.

  4. median market rent — $1,995 is the provided rent level while rent year-over-year trend is down; coupled with reported interest rate pressure described as moderate (current 30-year fixed mortgage rates averaging 6.49%), this points to easing rental growth and sustained borrowing cost headwinds that may temper investor purchase activity.


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.

Recent Transactions

4 West Ln, Houston, TX 77019
Top Sale

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

5 beds
7 baths
17,808 sqft
$25,500,000
$1,432/sqft/sqft
88 days on market
4019 Inverness Dr, Houston, TX 77019
Premium

Sold above market average

6 beds
7 baths
6,883 sqft
$15,000,000
$2,179/sqft/sqft
240 days on market
3971 Inverness Dr, Houston, TX 77019
Premium

Sold above market average

5 beds
5 baths
7,221 sqft
$12,500,000
$1,731/sqft/sqft
235 days on market
3653 Inverness Dr, Houston, TX 77019
Premium

Sold above market average

6 beds
6 baths
11,853 sqft
$10,000,000
$844/sqft/sqft
112 days on market
2121 Inwood Dr, Houston, TX 77019
Premium

Sold above market average

4 beds
6 baths
8,584 sqft
$6,794,000
$791/sqft/sqft
122 days on market
2116 Looscan Ln, Houston, TX 77019
Premium

Sold above market average

5 beds
5 baths
7,114 sqft
$6,500,000
$914/sqft/sqft
371 days on market
1561 Kirby Dr, Houston, TX 77019
Premium

Sold above market average

4 beds
3 baths
6,531 sqft
$5,200,000
$796/sqft/sqft
571 days on market
8 Tiel Way, Houston, TX 77019
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

5 beds
5 baths
4,691 sqft
$5,200,000
$1,109/sqft/sqft
20 days on market

Houston, TX 77019 Real Estate Market Report

ZIP Code: 77019
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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
90 Days
Total Properties Analyzed
41
Active Listings
41
Sold Properties
0

Market Metrics

Median Listing Price
$950,000
Median Sold Price
$330,000
Median Price per Sqft
$439/sqft

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.


Rental Market

Median Market Rent
$2,350

Property Taxes

Property Tax Rate
1.81%

Liquidity & Velocity

Median Days on Market
174

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
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Houston TX 77019 are averaging 6.49%, which remains elevated compared to the lower-rate environment seen earlier in 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 not available in the provided metrics, which limits using recent transaction prices as the primary market-value anchor; this likely reflects an insufficient or non-reportable sample of closed sales in the analyzed dataset, so underwriters should treat listed prices and market indicators as proxy inputs rather than definitive sold-price comps. neutral

  2. The median listing price $950,000 combined with a median days on market 174 suggests pricing friction and slower sales velocity versus a faster-moving market; sellers may need to adjust time-based expectations or consider targeted price concessions to accelerate transactions. slower sales velocity

  3. The median price per square foot 439 alongside a median market rent 2,350 signals high absolute pricing relative to rental cashflows in the corridor, and with rent year-over-year trend down investors should stress-test rental assumptions and near-term cashflow sensitivity.

  4. Market-level indicators show price year-over-year trend is up while market temperature is neutral, and interest rate pressure is moderate (reported average 30-year fixed mortgage rate 6.49%); this combination points to a market moving toward balance where strategic pricing and financing flexibility will determine transaction success.


Notable Properties

The following 1 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

1601 S Shepherd Dr # 1, Houston, TX 77019
Top Sale

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

2 beds
1 baths
956 sqft
$327,422
Jan 1, 2026
$342/sqft/sqft

Data Sources

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

Report generated: 5/1/2026

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