Houston, TX 77044 Real Estate Market Report

ZIP Code: 77044
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

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 Houston 77044 are approximately 6.6% compared to the 6.4% average observed earlier in 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. The primary indicator of recent market value is the median sold price: $265,000, which combined with a median days on market: 151 suggests slower sales velocity and that transactions are occurring with extended marketing time; down price momentum further supports a softening sales trend.

2. The median listing price: $330,000 sits above the median sold price: $265,000, indicating potential pricing friction where seller expectations may outpace realized transaction values, which may prolong time to contract in this market.

3. The sample shows elevated inventory relative to sales activity alongside a median price per square foot: $140, consistent with a marketTemperature described as neutral that appears to be moving toward balance rather than a clear one-sided market.

4. Interest rate dynamics are a headwind: interest rate pressure: elevated—current 30-year fixed mortgage rates in Houston 77044 are approximately 6.6% compared to the 6.4% average observed earlier in 2026—and rent trends are also softening (down), which may further pressure affordability and slow buyer urgency.

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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.