Houston, TX 77033 Real Estate Market Report

ZIP Code: 77033
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.

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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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Property Taxes

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Liquidity & Velocity

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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.

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Key Findings

1. The primary market-value indicator is the median sold price of $173,927, which represents the most reliable signal of recent transaction activity and suggests current realized values are slightly below asking expectations in the sample; listing expectations are reflected by the median listing price of $179,900, indicating a pricing gap that may require negotiation.

2. Liquidity appears subdued with a median days on market of 189 — this extended time-to-contract suggests slower sales velocity and that elevated inventory relative to sales activity may be contributing to downward pricing pressure on closed transactions.

3. Market direction shows a price year-over-year trend: down, while overall market temperature is neutral, indicating a cooling bias where sellers may need to be more flexible; concurrently, elevated interest rate pressure (elevated) is a negative headwind for buyer purchasing power.

4. Rental context is relatively stable with a median market rent of $1,750 and a rent year-over-year trend: flat, suggesting rental income expectations are steady even as sales prices moderate, which may support investor demand for well-priced opportunities.

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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.