Houston, TX 77065 Real Estate Market Report

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.

Market Metrics

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.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

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.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market value indicator is the median sold price of $346,701, which, when compared to the median listing price of $297,900, suggests stronger realized sale pricing relative to asking in the analyzed sample and may indicate sellers are achieving premiums on completed transactions.
2. Liquidity appears constrained by slower velocity: the median days on market is 51, combined with elevated inventory relative to sales in the analyzed sample, which suggests longer marketing periods and increased negotiation leverage for buyers rather than rapid turnover.
3. Price momentum shows a positive signal: the price year-over-year trend is up while the market temperature is neutral, creating a balanced but cautiously appreciating environment; however, interest rate pressure is elevated, which could limit buyer purchasing power and slow further price acceleration.
4. Rental dynamics are softening: the median market rent is $1,466 and the rent year-over-year trend is down, indicating weakening rental income growth that may affect investor returns and warranting caution for buy-to-rent strategies.

Notable Properties

The following 7 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.