Houston, TX 77080 Real Estate Market Report

ZIP Code: 77080
Report Date: March 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: 77080) is $399,000, reflecting a market that has experienced some price stabilization with slight downward pressure year-over-year. This trend suggests a shift toward a more balanced market, as the neighborhood has decreased 8% since 2022. The current median listing price stands at $433,000, indicating a notable gap between seller expectations and actual transaction values, which may contribute to pricing friction in the market.

Transaction activity appears moderate, with elevated inventory levels leading to a median days on market of 235 days. This extended timeframe indicates slower sales velocity, suggesting that buyers may have more negotiating power in the current environment. Despite these conditions, the underlying economic strength from job growth continues to support long-term demand, although rental demand is showing signs of moderation with a median market rent of $1,722.

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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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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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 market are around 6.375% to 6.622%, which is slightly higher than the 6.19% average seen in mid-February 2026.

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 $399,000 indicates a significant gap between seller expectations and market reality, contributing to pricing friction.

2. A median days on market of 235 days reflects slower sales velocity, suggesting buyers may have more negotiating power.

3. The median listing price of $433,000 is higher than the sold price, indicating potential elevated inventory levels relative to sales activity.

4. The market temperature is currently neutral, suggesting a balanced environment despite the downward price trend.

5. Rental demand remains robust with a median market rent of $1,722, although the year-over-year trend is down.

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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.