Houston, TX 77044 Real Estate Market Report

ZIP Code: 77044
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The housing market in Houston, TX (ZIP: 77044) is currently characterized by a median sold price of $300,000, reflecting stable conditions with a slight appreciation trend. The neighborhood has increased 15% since 2023, indicating a positive trajectory in property values. However, the market is experiencing elevated inventory levels, which may lead to longer transaction times, as evidenced by a median days on market of 231 days. This suggests a slower sales velocity, which could impact buyer sentiment and pricing strategies moving forward.

Despite the challenges posed by rising inventory, the local economic indicators remain strong, supporting continued demand for housing. The median listing price stands at $315,000, creating a notable gap between listing and sold prices, which may indicate seller expectations that are not fully aligned with current market realities. The rental market, while seeing a median market rent of $2,790, is experiencing a down trend year-over-year, suggesting potential shifts in rental demand dynamics that could influence overall market conditions.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Houston, TX 77044 are averaging 6.43% compared to approximately 6.17% in early 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. $300,000 is the median sold price, reflecting a 15% increase since 2023, indicating a strengthening market.

2. The median days on market is 231 days, suggesting a slower sales velocity and potential pricing friction.

3. With a median listing price of $315,000, there is a notable gap compared to the sold price, indicating possible seller expectation misalignment.

4. The market temperature is currently neutral, suggesting balanced conditions between buyers and sellers.

5. The rental market is experiencing a down trend year-over-year, with a median market rent of $2,790, which may impact overall housing demand.

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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.