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Market Snapshot

Median listing price
$259K

The median listing price in Houston, TX ZIP 77073 is $259,350 as of May 2026.

Median rent
$1,880/mo

The median market rent in Houston, TX ZIP 77073 is $1,880/month as of May 2026.

Days on market
165 days

The median days on market in Houston, TX ZIP 77073 is 165 days as of May 2026. The market is currently neutral.

Gross rental yield
8.70%

At a median list price of $259,350 and a median rent of $1,880/month, the gross rental yield in Houston, TX ZIP 77073 is 8.70% as of May 2026.

STR vs LTR
$1,185/mo STR · $1,880/mo LTR

In Houston, TX ZIP 77073, median Airbnb revenue is $1,185/month compared to median long-term rent of $1,880/month as of May 2026.

Houston, TX 77073 Real Estate Market Report

ZIP Code: 77073
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.


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.

Analysis Window
180 Days
Total Properties Analyzed
85
Active Listings
78
Sold Properties
7

Market Metrics

Median Listing Price
$259,350
Median Sold Price
$265,896
Median Price per Sqft
$120/sqft

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.


Rental Market

Median Market Rent
$1,880

Property Taxes

Property Tax Rate
0.75%

Liquidity & Velocity

Median Days on Market
165
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Key Findings

  1. Using the median sold price as the primary indicator of market value and recent transaction activity, the neighborhood's representative recent sale is 265,896, indicating realized values are centered around this level rather than listing expectations.

  2. Pricing context shows a median listing price of 259,350 alongside the median sold price of 265,896, which suggests a persistent listing-to-sale relationship where seller expectations and completed transactions are both relevant to pricing decisions; market participants should monitor listing vs. sale gaps when underwriting offers.

  3. Liquidity and velocity are slower than typical market turnover: the median days on market is 165, which points to slower transaction velocity and potential pricing friction; combined with elevated interest rate pressure, this suggests sellers may need greater pricing flexibility to transact.

  4. Inventory and broader market signals indicate a move toward balance: sample data reflects elevated inventory relative to sales activity, price year-over-year trend is down, market temperature is neutral, and rent year-over-year trend is flat—together these metrics imply a stabilizing market where agents should prioritize price accuracy and targeted marketing to convert buyers.


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.

Recent Transactions

19119 Siril Dr, Houston, TX 77073
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
2 baths
2,501 sqft
$240,000
Mar 1, 2026
$96/sqft/sqft
513 days on market
430 Remington Ridge Dr, Houston, TX 77073
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
2,024 sqft
$230,130
Dec 1, 2025
$114/sqft/sqft
1446 days on market
1622 Carmel Grv, Houston, TX 77073
Value

Sold below market average

3 beds
2 baths
2,017 sqft
$211,200
Dec 1, 2025
$105/sqft/sqft
179 days on market
747 Ashlen Dr, Houston, TX 77073
Value

Sold below market average

4 beds
2 baths
2,653 sqft
$185,000
Mar 1, 2026
$70/sqft/sqft
16214 N Bend Dr, Houston, TX 77073
Value

Sold below market average

4 beds
2 baths
1,736 sqft
$180,836
Dec 1, 2025
$104/sqft/sqft
261 days on market
605 Pinto Springs Ln, Houston, TX 77073
Market Benchmark

Sold at market average

3 beds
2 baths
1,440 sqft
$158,000
Jan 1, 2026
$110/sqft/sqft
199 days on market
605 Pinto Springs Ln, Houston, TX 77073
Market Benchmark

Sold at market average

3 beds
2 baths
1,440 sqft
$158,000
Jan 1, 2026
$110/sqft/sqft
199 days on market
19525 Wann Park Dr, Houston, TX 77073
Value

Sold below market average

4 beds
2 baths
2,084 sqft
$61,000
Dec 1, 2025
$29/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$292/mo
77073 Avg Rent
77073 Cost to Own
Rent$1,880
Own$1,588

20% down, 6.5% rate, 0.7% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

77073 Avg nightly rate
77073 Avg occupancy (days/year)
Nightly rate$144/night
Occupancy92 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

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