Houston, TX 77080 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

Key Findings

1. median sold price: 392,473 is the primary recent market indicator for ZIP 77080, representing the neighborhood's transactional benchmark and suggesting modest appreciation consistent with local trends; up price momentum is noted but sales activity appears measured, so underwriters should prioritize recent comparable closed sales for valuation and offer strategy.
2. median listing price: 427,450 sits above the median sold price and may indicate some seller optimism or pricing friction; neutral market temperature suggests buyers can negotiate where condition or terms are weaker, so pricing offers slightly below list on priced-to-market homes may be effective.
3. median days on market: 132 signals slower sales velocity relative to hotter markets and suggests extended time-to-contract; moderate interest rate pressure and elevated inventory relative to sales activity may lengthen marketing windows, so sellers should plan staged pricing or incentives and buyers can expect more lead time for inspections and financing.
4. median market rent: 2,000 and a reported rent year-over-year trend of down indicate softening rental rates even as rental demand remains described as strong; investors should exercise selectivity on rent-dependent underwriting and stress-test pro formas for lower rent assumptions.

Notable Properties

The following 4 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.