Houston, TX 77065 Real Estate Market Report

ZIP Code: 77065
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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 77065 area are averaging approximately 6.5%, reflecting a market environment where rates have remained elevated above 6% throughout 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. The neighborhood’s primary market signal is the median sold price 297,000, which indicates recent transaction-level value and, when combined with a higher median listing price, suggests a gap between seller expectations and completed sales. down

2. Despite higher asking levels, the relationship between median sold price 297,000 and the median listing price 322,450 appears to reflect pricing friction; this gap may indicate sellers need to adjust expectations to achieve sales given the current market dynamics.

3. The market shows slower sales velocity: the median days on market 228 points to extended marketing times and reduced liquidity, which, together with elevated inventory relative to sales activity, suggests buyers have more time to evaluate options and negotiate.

4. Broader headwinds include falling rents and elevated financing pressure: rent year-over-year trend down alongside interest rate pressure moderate (local 30-year rates averaging approximately 6.5%)—these factors, combined with the median market rent 1,875 and median price per square foot 146, imply softer rental demand and more cautious buyer behavior in the near term. market temperature neutral

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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.