Houston, TX 77077 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

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. median sold price is currently unavailable in the dataset, which prevents a direct, transaction-based valuation; this may be due to a sparse number of recent closed SFR/condo transactions in the sample or timing lags in sales reporting, so rely on qualitative indicators and listing metrics until more confirmed sold data appear.
2. median listing price is $449,950 and median price per square foot is $180, which together suggest seller price expectations remain anchored in the mid/high-$400Ks with per‑sqft pricing near $180; given the absence of confirmed recent sold-price benchmarks, sellers should expect pricing friction and may need to align expectations with observed market absorption.
3. The market shows slower liquidity: median days on market is 110, which, combined with elevated inventory relative to sales activity, suggests slower sales velocity and more negotiation leverage for buyers; sellers should plan for longer marketing periods and consider targeted price adjustments or incentives to accelerate transactions.
4. Macro and rental context is mixed: price year-over-year trend is down and rent year-over-year trend is down, while interest rate pressure is moderate; this combination may suppress immediate buyer demand and investor interest, so buyers with rate-sensitive financing or investors seeking rental growth should exercise caution and require tighter underwriting assumptions.

Notable Properties

The following 7 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.