Houston, TX 77073 Real Estate Market Report

ZIP Code: 77073
Report Date: April 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

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Key Findings

1. $240,000 median sold price confirms recent transaction values are below typical asking levels; sellers should expect offers more aligned with recent sales than with current list prices and may need to reduce price or offer concessions to move properties.

2. $259,000 median listing price versus the median sold price suggests pricing friction between seller expectations and closed transactions, so new listings priced near recent solds may achieve faster outcomes.

3. 250 median days on market indicates materially slower sales velocity; sellers should budget longer marketing timelines and buyers can expect increased negotiating leverage.

4. $2,226 median market rent combined with rent year-over-year being down signals stabilizing or softening rental cash flow, which may reduce investor urgency and pressure investor-driven bidding.

5. 1.46% property tax rate and elevated interest rate pressure together constrain affordability; pricing and financing concessions will be primary levers to restore transaction momentum.

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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.