Houston, TX 77033 Real Estate Market Report

ZIP Code: 77033
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Houston market, specifically in the 77033 ZIP code, is currently characterized by a median sold price of $160,000, reflecting a stable transaction environment. The neighborhood has decreased 8% since 2022, indicating a softening in market values. This decline in sold prices suggests that buyers are gaining some leverage as the market transitions away from a seller-dominant landscape.

With 194 days on market, properties are experiencing slower sales velocity, which may indicate elevated inventory levels relative to sales activity. The median listing price stands at $185,000, creating a notable gap between asking and sold prices. This pricing friction may lead to adjustments in seller expectations as the market seeks equilibrium. Overall, the market temperature is currently neutral, suggesting a balanced environment where both buyers and sellers have opportunities to negotiate effectively.

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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

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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 are around 5.625% to 6.10%, which is notably lower than the 6.20% average seen in mid-February 2026.

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. $160,000 is the current median sold price, reflecting a decrease of 8% since 2022, indicating a softening market.

2. Properties are taking an average of 194 days on market, suggesting slower sales velocity and potential pricing adjustments.

3. The median listing price of $185,000 creates a notable gap compared to the sold price, indicating potential pricing friction for sellers.

4. The median market rent is $1,722, which has shown a down trend year-over-year, suggesting a cooling rental market.

5. Current mortgage rates range from 5.625% to 6.10%, which is relatively lower than the previous average, potentially easing buyer pressure.

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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.