Houston, TX 77066 Real Estate Market Report

ZIP Code: 77066
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 Houston 77066 average 6.5%, reflecting a stable market environment compared to the volatility 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. median sold price $251,000 is the primary indicator of recent transaction value in 77066; this level, compared with the median listing price $275,000, suggests a meaningful gap between asking and achieved prices that may indicate seller price adjustment is needed to close transactions. neutral market temperature supports a balanced negotiation environment rather than a strong one-sided market.

2. median sold price $251,000 alongside a median days on market 221 points to slower sales velocity and extended listing periods; this combination suggests pricing friction and that sellers may need to be patient or price more competitively to improve liquidity. down

3. median sold price $251,000 compared with rental context — median market rent $1,900 and median price per square foot 123 — provides a snapshot for investors to assess cash-flow considerations, but rent trends are down, so expect softer near-term rent growth.

4. median sold price $251,000 in the current environment is operating under elevated interest rate pressure (local 30-year fixed ~6.5%), which, combined with neutral market temperature and elevated inventory relative to sales activity, suggests buyer financing costs are a headwind and may keep transaction volume moderate until rates ease.

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Notable Properties

The following 4 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.