Houston, TX 77077 Real Estate Market Report

ZIP Code: 77077
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Houston, TX (ZIP: 77077) stands at $405,000, reflecting a stable market despite broader economic pressures. The neighborhood has decreased 8% since 2022, indicating a softening in the market over the past year. This decline suggests that while the market remains active, sellers may need to adjust expectations to align with current buyer sentiment and affordability challenges.

Market conditions are characterized by elevated inventory levels and a median days on market of 154 days, indicating slower transaction velocity. The current market temperature is described as neutral, suggesting a balanced environment where supply and demand are relatively aligned. However, elevated interest rate pressure continues to impact affordability, which may further influence buyer behavior in the coming months.

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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 Houston, TX 77077 area are around 6.09% as of mid-February 2026, which is 0.20% higher than the 5.89% average seen a month prior, indicating slightly increased borrowing costs for new loans.

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 median sold price of $405,000 indicates stable pricing amidst shifting market dynamics.

2. With a median days on market of 154, properties are experiencing slower sales velocity, suggesting potential pricing friction.

3. The median listing price of $399,450 shows a slight gap compared to sold prices, indicating possible seller expectations that may need adjustment.

4. Elevated interest rate pressure remains a concern, with current mortgage rates at 6.09%, which is 0.20% higher than the previous month, potentially impacting buyer affordability.

5. The median market rent of $2,880 reflects ongoing demand for rental properties, although the year-over-year trend is down, indicating a potential softening in the rental market.

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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.