Houston, TX 77072 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

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 neighborhood's representative recent sale level is $270,874 median sold price, which should be treated as the primary indicator of current market value and, given broader signals, appears to reflect price softening (down on a year‑over‑year basis).
2. There is a notable pricing juxtaposition between the $210,245 median listing price and the $270,874 median sold price, which may indicate pricing friction and divergent seller expectations versus recent transaction prices in the sample.
3. Market liquidity shows signs of slowing: the median days on market 297 is lengthy and, combined with elevated inventory relative to sales activity in the analyzed sample, suggests slower transaction velocity rather than rapid turnover.
4. Rental and financing context: the $1,650 median market rent is present while rent trends are down, and interest rate pressure is moderate with current 30‑year fixed mortgage rates in Houston averaging approximately 6.30% to 6.49%, which may weigh on buyer affordability and near‑term demand.

Notable Properties

The following 5 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.