Houston, TX 77077 Real Estate Market Report

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

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Executive Overview

As of April 2026, the real estate market in Houston, TX (ZIP: 77077) reflects a median sold price of $399,000, indicating a stable market value despite recent trends. The neighborhood has decreased 8% since 2022, suggesting a slight downward trajectory in home prices. This decline may be attributed to elevated inventory levels and a neutral market temperature, which has resulted in homes taking longer to sell, with a median days on market of 223 days.

The market is characterized by excess supply relative to sales activity, leading to a cooling effect on pricing and transaction velocity. While the median market rent stands at $2,880, it has also seen a decline, reflecting increased rental inventory. The local economy shows positive signals with projected job growth, which may provide some support to the housing market moving forward.

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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.

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Key Findings

1. The median sold price of $399,000 indicates a stable market value despite recent price declines.

2. Homes are experiencing a median days on market of 223, suggesting slower sales velocity and a cooling market.

3. The median market rent has decreased to $2,880, reflecting increased rental inventory and softening demand.

4. The market temperature is currently neutral, indicating balanced conditions between buyers and sellers.

5. Overall, the market shows signs of elevated inventory levels, which may pressure home prices further.

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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.