Houston, TX 77044 Real Estate Market Report

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

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Executive Overview

As of February 2026, the median sold price in Houston, TX (ZIP: 77044) stands at $318,432.50, reflecting a stable market environment. The neighborhood has experienced a flat price trend, indicating that while there is some appreciation, it is not substantial enough to suggest a strong upward momentum. This stability in sold prices suggests that buyers and sellers are finding a common ground, although the elevated interest rate pressure may be influencing buyer behavior and overall market dynamics.

The market is characterized by elevated inventory levels relative to sales activity, with a median days on market of 176 days. This extended period indicates slower sales velocity, which may suggest that buyers are taking their time to make decisions, potentially due to higher mortgage rates currently hovering around 5.875%. Overall, while the market temperature is neutral, the combination of elevated inventory and extended days on market points to a cautious approach among buyers, reflecting a balanced but somewhat restrained market environment.

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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 the Houston market at approximately 5.875% are significantly higher than the 2026 historical low rates observed near 3.0% for comparable loans.

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. The median sold price of $318,432.50 indicates a stable market with no significant upward or downward trends.

2. With a median days on market of 176, the market is experiencing slower sales velocity, suggesting buyers are taking longer to make purchasing decisions.

3. The median listing price of $329,990 shows a pricing gap compared to sold prices, indicating potential pricing friction as sellers adjust expectations.

4. The median market rent is at $2,790, which has increased year-over-year, suggesting a growing rental demand despite the overall market stability.

5. Current interest rate pressure is elevated, with rates around 5.875%, which may be contributing to the cautious buyer sentiment in the area.

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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.